90 Henry St, Binghamton, NY for sale

90 Henry St, Binghamton, NY 13901

Accepting Offers
90 Henry St, Binghamton, NY for sale90 Henry St, Binghamton, NY for sale90 Henry St, Binghamton, NY for sale90 Henry St, Binghamton, NY for sale
Asking Price

$1,595,000

90 Henry St, Binghamton, NY for sale

90 Henry St, Binghamton, NY 13901

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.12 Acres

Number of Units: 26

Property Type: Multifamily

Year Built: 1960

Number of Floors: 3

Property Size: 7,446 SF

Investment Highlights

  • 26 Studio Apartments | $1,595,000 | Approximately $61,350 Per Unit
  • • Current Income + Value-Add Upside: Established rental history with opportunities to evaluate unit upgrades, rental positioning, and operating efficiencies.
  • • Invest in the Stadium District: Downtown location in a corridor targeted for public and private redevelopment.
  • • Near Proposed $31M Stadium Lofts: Planned 65-unit housing development at 180 Henry Street.
  • • $12M Henry Street Investment: Streetscape, pedestrian safety, utility, and lighting improvements continuing in 2027.
  • • Walkable Downtown Location: Near Mirabito Stadium, restaurants, shopping, SUNY bus lines, and the Downtown Transit Center.
  • • Broad Renter Appeal: Studio layouts serving students, young professionals, and workforce tenants

Offering Summary

90 Henry Street offers 26 studio apartments for $1,595,000—approximately $61,350 per unit—in Downtown Binghamton’s emerging Stadium District. Established rental income and demonstrated tenant demand provide a foundation for investors seeking current cash flow and value-add potential through unit upgrades, operating efficiencies, and improved rental positioning. The surrounding district is targeted for significant public and private investment, including the City’s $12 million Henry Street reconstruction, continuing in 2027 with streetscape enhancements, pedestrian safety improvements, utility upgrades, and new lighting and traffic signals. Nearby, the proposed $31 million Stadium Lofts development at 180 Henry Street would add 65 affordable apartments, advancing the City’s vision for a walkable, mixed-use neighborhood surrounding Mirabito Stadium. With a studio configuration serving students, young professionals, and workforce renters, 90 Henry Street pairs an established income-producing asset with opportunities to improve property performance in a corridor positioned for long-term revitalization.

Sale FAQs

Investment Sales Broker

James Lucenti

James Lucenti

SVN | Innovative Commercial Advisors

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXX

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