74 Carroll St
$1,340,000
74 Carroll St, Binghamton, NY 13901
13,020 sqft
Building Size
0.57 acres
Lot Area
Details:
Highlights:
- 13,020 SF mixed-use investment with residential and commercial income streams
- Five residential units totaling 25 student beds
- Student-focused layouts with multiple bathrooms and loft-style configurations
- Secure coded access at building and unit levels for operational control
- Commercial space supported by a recently executed three-year lease
- Larger parcel with off-street parking in a downtown-adjacent location
Description:
74 Carroll Street is a 13,020 SF mixed-use investment opportunity positioned to capture both student housing demand and commercial income. The residential component includes five units totaling 25 student beds, designed with multi-bedroom layouts, multiple bathrooms, and loft-style configurations that align with current leasing preferences. Updated interior finishes help distinguish the property from competing inventory in the market.
The building features secure coded access at both the main entry and unit levels, supporting tenant quality and efficient management. The commercial space provides an additional income stream, supported by a recently executed three-year lease.
Situated just off Court Street, the property benefits from proximity to Binghamton University’s downtown presence, public transportation, and neighborhood retail. The larger parcel includes off-street parking, a key advantage in this market, supporting consistent demand and long-term performance.
Positioned just off Court Street, 74 Carroll Street benefits from immediate access to Downtown Binghamton’s primary demand drivers while maintaining a more controlled residential setting.
The property sits within walking distance to Binghamton University’s downtown presence, Government Plaza, and the city’s core retail, dining, and nightlife. This location consistently supports student and young professional tenancy, driven by proximity to both academic and employment centers.
Access to the SUNY bus line and public transportation provides direct connectivity to Binghamton University’s main campus, reinforcing long-term leasing stability within the student housing cycle.
Unlike many downtown assets, the property offers a dedicated off-street parking component, improving tenant retention and operational ease in a market where parking is limited.
1 Space Available
74 Carroll St, 1 Building
Available for lease is a fully built-out, 1,250 SF office space, ideal for any business looking to establish itself in the heart of Downtown Binghamton. Just one building from Court Street and boasting a walkability score of 84, this location offers convenience, visibility, and a central position within the Binghamton market.
The office features a reception area, five private offices, a storage room, a private restroom, and some off-street parking. Free street parking is available nearby, with paid parking just one block west. Benefit from the prestige of a downtown office without the usual parking challenges.
Offered at a competitive rate of $13/SF plus utilities.
Documents:
| Title | ||
|---|---|---|
| 74CarrollStCommercialUnit_617ug5diitp43dm8apht3g1yb 1.pdf | ||
| 74 Carroll St. | Offering Memorandum | 5.2026 | ||
| rendering.html |
Location
Gallery
