51 Seminary Ave
$359,000
51 Seminary Avenue, Binghamton, NY 13905
9.03
Cap Rate
2,335 sqft
Building Size
Details:
Description:
Offered for sale is a stabilized student housing asset located in the core of Binghamton’s West Side, the most established and consistently leased student corridor in the market. The property is situated within the City’s R-3 zoning district, which supports higher density residential use and aligns with the surrounding student housing concentration south of Main Street. This location remains one of the most desirable areas for student tenants due to proximity to downtown amenities and established transportation routes
• Located at 51 Seminary Ave. in Binghamton’s established West Side student housing corridor • Situated in R-3 zoning supporting higher density residential and student occupancy
• South of Main Street in one of the most desirable student rental submarkets
• Offered at a 9.03% CAP Rate • Walking distance to SUNY bus line providing direct campus access
Location
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