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16 Lisle Ave Complex

$1,899,000

16 Lisle Ave, Binghamton, NY 13901

Active
Last Updated: 07/25/2025

15,496 sqft

Building Size

0.83 acres

Lot Area

Details:
Building Size:    15,496 sqft
Lot Area:    0.83 acres
Occupancy:    100%
Units:    3
Year Built:    1930
Floors:    2
Highlights:
  • 7 Parcels with 3 Buildings, 15,496 SF, 30 Beds, 15 Baths and 6 Kitchens.
  • Sizeable party space.
  • Fenced in parcel for privacy and security.
  • Plenty of off street parking.
  • $276,000 Annual Gross Rents.
  • Master lease to a Fraternity.
  • R-3 Zoning
  • Central to Downtown Binghamton.
Description:

This rare offering includes seven parcels encompassing three buildings with a combined 15,496 square feet, featuring 30 beds, 15 bathrooms, and six kitchens. The fully fenced complex provides privacy, security, and ample off-street parking—an ideal setup for student living. Strategically located directly behind the Koffman Southern Tier Incubator and just steps from the SUNY bus line, this property sits at the core of Binghamton’s expanding student housing market. A smart opportunity for investors seeking scale, stability, and long-term upside in a proven location.

Located in the heart of Binghamton’s student housing district, 16 Lisle enjoys a prime position directly behind the Koffman Southern Tier Incubator. Just steps from the SUNY bus line and all the amenities of Downtown Binghamton, the property boasts a Walk Score of 80. Zoned R-3, this area is well-established for student rentals, offering strong demand and consistent occupancy potential.

Map:
Documents:
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Offering_Memorandum__L_.pdf
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Offering Memorandum (L)
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Offering_Memorandum__L_.pdf
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Location
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