16 Lisle Ave
$1,899,000
16 Lisle Avenue, Binghamton, NY 13901
9.64
Cap Rate
15,496 sqft
Building Size
Details:
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.
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.
Documents:
| Title | ||
|---|---|---|
| 16 Lisle Ave OM 7.25.25 |
Location
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