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Binghamton Student Housing Complex

1 - 3 Mather St Binghamton, NY 13905

1 - 3 Mather St, Binghamton, NY, 13905
$3,699,000
For Sale
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$3,699,000

Well-maintained 51-unit student housing complex in Binghamton's West Side.

AddedMar 5
Days on Market132
Last RefreshApr 6 at 12:16 am

Property Features for 1 - 3 Mather St

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1970

Listing office SVN Innovative Commercial Advisors

Listing date Mar 5, 2026

Source Svn

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SVN Innovative Commercial Advisors


Investment Insights

Based on property information with market context.

This offering features a well-maintained 51-unit student housing complex situated in Binghamton’s highly sought-after West Side. The property comprises two buildings, each containing two-bedroom units, totaling 102 beds. This presents a substantial scale and caters to the strong demand within the established student rental market. Located in the heart of Binghamton’s desirable West Side, the site is positioned just one building off Main Street and within walking distance of the Court Street Bridge, providing convenient access to Downtown Binghamton. The property benefits from its proximity to SUNY and public bus lines. Recent capital improvements include new roofs on both solid brick buildings, with approximately $160,000 invested. The property must be sold with 98 Main Street, which provides required on-site and off-site parking. This location is characterized by strong long-term student rental demand.

Key Highlights

  • Prime student housing location in Binghamton's desirable West Side, near SUNY and bus lines.
  • 51 two‑bedroom units (102 beds) offering scale and strong student rental demand.
  • New roofs on both buildings, representing approximately $160,000 in recent capital improvements.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Garden Center Electrical Service Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Pet Grooming Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 51-unit student housing complex in Binghamton's West Side.
Where is this apartment building located?
The property is located at 1 - 3 Mather St Binghamton, NY.
What is the asking price?
The asking price for this property is $3,699,000.
What are key features of this property?
This property features: Prime student housing location in Binghamton's desirable West Side, near SUNY and bus lines.; 51 two‑bedroom units (102 beds) offering scale and strong student rental demand.; New roofs on both buildings, representing approximately $160,000 in recent capital improvements.
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