100, 104, 108, 110, 116 Henry Street
$1,800,000
100, 104, 108, 110, 116 Henry Street, Binghamton, NY 13901
27,140 sqft
Building Size
0.8006 acres
Lot Area
Details:
Highlights:
- - 27,140 SF mid-rise building
- - 68 multifamily units
- - Built in 1900
- - Prime location in Binghamton
- - Well-maintained historic property
- - Strong rental demand in the area
- - Proximity to essential amenities
- - Potential for value-add opportunities
- - Attractive investment yield potential
Description:
Exceptional development opportunity in the heart of DT Binghamton. This portfolio includes 4 buildings plus a parking lot, with oppurtunity for a mix of suites and apartments. The package consists of 100 Henry Street (8 units / 24 beds), 104 Henry Street (2 units / 14 beds), 108 Henry Street (15 units / 44 beds approved), and an additional parking lot. Much of the demolition work has been completed, providing a strong head start on redevelopment. With flexible Commercial C4 zoning and a Congregate Living designation, the properties allow for student housing, multifamily apartments, or mixed-use development. This portfolio offers the flexibility and positioning needed for a successful redevelopment project.
Located across from the Binghamton Post Office and steps from Mirabito Stadium in the Stadium District. The properties are close to downtown amenities, shopping, dining, highways, and public transportation, placing them in a high-demand rental area with excellent long-term potential.
Documents:
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