24 Centenary St - Apartments FOR SALE


Binghamton, NY 13901- Center City
$865,000 USD
607-621-0439
24 Centenary St, Binghamton, NY for Sale
$865,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

24 Centenary St
Binghamton, NY 13901
Center City


HIGHLIGHTS

  • Prime Downtown Binghamton location
  • Mix of 1-bed and 2-bed units
  • Walking distance to SUNY bus lines and amenities
  • Solid brick building with rare vacancies
  • Strong potential in the student housing market

OVERVIEW

This property offers an exceptional setup for student housing in a prime location. Featuring one 2-bedroom unit and ten 1-bedroom units, it's perfectly situated in the heart of Downtown Binghamton’s student housing market. Just two buildings from Court Street and located near the Koffman Southern Tier Incubator, this solid brick building is within walking distance to all of Downtown Binghamton and the SUNY bus lines. With its strong rental history and rare vacancies, this property is an ideal investment opportunity to capitalize on the high demand in the competitive student housing market. 89 Court Street and 73 Court Street are also available to purchase as a package with 24 Centenary Street, creating a powerful portfolio investment opportunity. Owning all three properties offers significant advantages in terms of scale, management efficiency, and market influence within Downtown Binghamton’s growing rental market.

FOR SALE DETAILS

PRICE

$865,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

11

PRICE/UNIT

$78,636

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

030200-160-041-0003-035-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.