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11 Walnut St Binghamton, NY 13905

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Student housing property with high yield potential in desirable location.

Type:Multifamily
Property size:
2,044 SF
Added:
Mar 3, 2026
Days on Market:
34
Last Refresh:
Mar 16 at 2:01 pm

Property Features for 11 Walnut St

General Information

Standard status
Active
Size
2,044 SF
Property subtype
Multifamily

Building Details

Year Built
1921

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Listing Contact
Scott Warren
Scott Warren

Listing agent Scott Warren License #NY 10301220936

Listing office SVN Innovative Commercial Advisors

Listing date Mar 3, 2026

Source Crexi

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


Overview

Student Housing in Binghamton's West Side

This student housing building is located in the heart of Binghamton's West Side, south of Main Street, within the R-3 zoning district. The R-3 zoning classification supports higher density residential use and student housing. The property is situated in one of the most desirable student corridors, offering convenient walking access to downtown amenities, including restaurants, retail, and entertainment. It is also within walking distance of established student bus routes serving Binghamton University, providing reliable transportation. Leases for the next semester are at $700 per bed. The property size is 2044 square feet. This location supports sustained student demand, strong leasing velocity, and long term positioning within the city’s core residential and mixed use environment. This property presents an opportunity to own a high-yielding student housing asset in a desirable location.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Binghamton
County
Broome
State
New York
Longitude
-75.9252857
Latitude
42.0951364

FAQs

What type of property is this?
Multifamily property - Student housing property with high yield potential in desirable location.
Where is this multifamily property located?
The property is located at 11 Walnut St Binghamton, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: High 11.03% CAP Rate based on current leases at $700/bed.; Located in a highly desirable student housing corridor south of Main Street.; R‑3 zoning supports high‑density residential use and student housing.
(607) 621-0439 Call to check price and availability
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