Front Street Portfolio

135, 141 and 151 Front St, Binghamton, NY 13905

Accepting Offers
Front Street PortfolioFront Street PortfolioFront Street PortfolioFront Street Portfolio
Asking Price

$2,999,000

Front Street Portfolio

135, 141 and 151 Front St, Binghamton, NY 13905

Asset Type: Real Estate

Estate: Leasehold

Land Area: 0.34 Acres

Number of Units: 8

Property Type: Multifamily

Year Built: 1900

Number of Floors: 3

Property Size: 19,345 SF

Investment Highlights

  • Well-maintained student housing portfolio consisting of 135, 141 and 151 Front Street in Binghamton, NY
  • Premium student housing location within walking distance of Downtown Binghamton
  • Convenient access to the Clinton Street Bridge and Court Street Bridge
  • Large, spacious units with oversized bedrooms, well-suited for student housing demand
  • Ample off-street parking, a significant competitive advantage in the downtown rental market
  • Strong tenant appeal due to the combination of walkability, parking, and unit size
  • Located near restaurants, entertainment, public transportation, and downtown amenities
  • Positioned in an established rental corridor with strong student housing fundamentals
  • Attractive opportunity to acquire scale in a well-located Binghamton student housing asset
  • Functional layouts and generous bedroom sizes support strong leasing potential
  • Offers investors a stable, well-positioned asset with long-term rental demand
  • Rare combination of downtown proximity and dedicated parking

Front Street Portfolio

135, 141 and 151 Front Street present an excellent opportunity to acquire a well-maintained student housing portfolio in a premium Binghamton location. Situated within walking distance of Downtown Binghamton, the Clinton Street Bridge, and the Court Street Bridge, the properties offer tenants convenient access to restaurants, entertainment, transportation, and nearby amenities. The portfolio is well-suited for student housing, with large units, oversized bedrooms, and ample off-street parking. This combination is highly desirable in the downtown rental market, where walkability and parking are both important drivers of tenant demand. These properties offer investors a stable, well-located student housing asset with strong market fundamentals, functional layouts, and a competitive position within the Binghamton student housing market. NOI and CAP Rate quoted are Pro Forma.

Sale FAQs

Investment Sales Broker

Scott Warren, CCIM

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

NY License: 10491212432

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXX

Other Listings

See All Listings