92 Henry Street is a stabilized, income-producing student multifamily asset located in Downtown Binghamton, one of the area’s most walkable and amenity-rich rental corridors. The 4,204 SF low-rise building consists of three approved student-housing units and benefits from consistent demand driven by its proximity to Binghamton University, downtown employers, restaurants, nightlife, and neighborhood services. Constructed in 1970 and zoned R-3 (Multifamily Residential), the property offers continued residential flexibility with strong rental fundamentals in a supply-constrained submarket. The asset includes off-street parking and boasts an excellent Walk Score of 88, allowing tenants convenient access to grocery stores, coffee shops, retail, fitness centers, pharmacies, and the Chenango River walkways without reliance on a vehicle. The property is also well-served by BC Transit routes providing direct access to Binghamton University and surrounding areas, further enhancing its appeal to student tenants. Current operations generate $108,000 in Gross Income and $63,116 in Net Operating Income, equating to a 9.3% Cap Rate and 6.2 GRM. With 70% loan-to-value financing, the investment supports a 1.67 DSCR and an estimated 15% cash-on-cash return, offering strong in-place yield and financial stability. 92 Henry Street may also be acquired in conjunction with 90 Henry Street, presenting a strategic opportunity to scale within the same immediate location and achieve operational efficiencies. This is a turnkey, high-yield student-oriented multifamily opportunity positioned in the heart of Downtown Binghamton’s established rental market.