74 Carroll St
$1,689,000
74 Carroll St, Binghamton, NY 13901
13,020 sqft
Building Size
0.57 acres
Lot Area
Details:
Highlights:
- Fully leased mixed-use building
- 22 student beds leased through 2025–2026 academic year
- Two stabilized commercial tenants
- High-end residential finishes
- Secure access building
- Ample off-street parking (rare downtown amenity)
- Prime walkable downtown location
- Strong positioning within Binghamton’s student housing market
Description:
This fully leased, mixed-use asset represents a premier opportunity in the heart of Downtown Binghamton’s thriving student housing market.
The 13,000 SF building consists of five residential units totaling 22 student beds and two fully leased commercial spaces, providing diversified income streams. Residential leases are secured through the 2025–2026 academic year, offering near-term income stability and reduced rollover risk.
The student housing units feature high-end finishes throughout, positioning the property at the top of the local rental market. Amenities include:
Central air conditioning
Two full bathrooms per unit
Loft-style bedroom layouts in three of the five units
Secure coded access at both the main entrance and individual unit levels
The property also offers ample off-street parking, a rare and highly valuable amenity in Downtown Binghamton where parking availability is limited. This feature enhances tenant retention and supports continued premium rental positioning.
The commercial component is strengthened by a newly executed three-year lease with a salon tenant, contributing to long-term income durability and mixed-use stability.
Strategically located just one building off Court Street, the property is within walking distance of Binghamton’s primary restaurants, nightlife, retail, and service amenities — an ideal location for student tenants seeking convenience and connectivity.
This prime location is ideally positioned to capitalize on Downtown Binghamton’s thriving student housing market. Just one building off the busy Court Street corridor, it combines exceptional convenience with a strong walkability score of 84 and a daily traffic count of 7,280. The property is easily accessible via SUNY bus routes and within walking distance to the area’s restaurants, shops, and amenities. Unlike many downtown sites, this complex offers ample off street parking for safety, security and convenience.
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 | ||
|---|---|---|
| SVN - Brochure (P) | ||
| 74CarrollStCommercialUnit_617ug5diitp43dm8apht3g1yb 1.pdf | ||
| NEW STYLE - Offering Memorandum (P) |
Location
Gallery
