99 Oak St - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$3,049,000 USD
607-621-0439
99 Oak St, Binghamton, NY for Sale
$3,049,000 USD
Apartments - FOR SALE
1/12
null | 8.16% Cap Rate

99 Oak St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Extensive Renovations: Over $890,000 invested in upgrades and modernizations
  • Spacious Layout: 24 units offering a total of 40 beds
  • Luxury Interiors: Featuring premium, high-end finishes throughout
  • Convenient Parking: Off-street parking available for tenants
  • Prime Location: Steps from the Court Street Bridge and the heart of Downtown Binghamton

OVERVIEW

This fully renovated, turnkey student housing complex in the heart of Binghamton, NY is now available for sale. Perfectly positioned to leverage the robust student housing market, the property sits on Oak Street just south of Main Street, within walking distance of the Court Street Bridge and all of Downtown Binghamton’s top restaurants, clubs, shops, and amenities. With a walkability score of 80, it provides unbeatable access to everything students desire. The 24-unit, 40-bed complex has undergone extensive renovations totaling $890,960, showcasing beautiful high-end finishes and modern design throughout. A rare opportunity to invest in a property that stands out with its quality and appeal in an area with consistently high rental demand.

FOR SALE DETAILS

PRICE

$3,049,000 USD

PRICE/SF

$46 USD /SF

# OF UNITS

24

PRICE/UNIT

$127,042

CAP RATE

8.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

99 Oak St.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1970

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,826 SF

ZONING

Neighborhood Office

APN/PARCEL ID

030200-160-039-0003-040-000-0000

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.