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    139 Murray St Binghamton, NY 13905

    For Sale
    $849,000

    Student housing complex near SUNY bus lines and downtown Binghamton.

    Property size:
    8,134 SF

    Property Features for 139 Murray St

    General Information

    Size
    8,134 SF

    Building Details

    Year built
    1960

    Source: Scott Warren, CCIM Agent Scott Warren, CCIM

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

    Overview

    Renovated Student Housing Complex

    This student housing complex is located on Binghamton's West Side, one block from the SUNY Bus lines and four blocks from Downtown Binghamton, offering walking distance to restaurants, shops, and amenities. The building and its units have been renovated and features a new roof, new kitchens, and a laundry room. The property includes a spacious parking lot for off-street parking and is fully separately metered. Safety features include a full sprinkler system and a solid steel fire escape. Outdoor amenities include a barbeque area. The building is secured. Located in an R-3 Zone approved for students, the property is positioned to benefit from changes in the City of Binghamton Zoning laws and the shifting student housing population. Additional features include a strong rent roll, excellent rental history, and coin-operated laundry. The property size is 8134 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9204734
    Latitude
    42.1019054

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    FAQs

    What type of property is this?
    Apartment building - Student housing complex near SUNY bus lines and downtown Binghamton.
    Where is this apartment building located?
    The property is located at 139 Murray St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Excellent location: one block from SUNY bus lines and four blocks from Downtown Binghamton.; - Recent renovations: **new roof, new kitchens, and laundry room.**; - Ample off-street parking with a spacious parking lot.
    (607) 621-0439
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    Binghamton, NY 13905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    139 Murray St Binghamton, NY 13905
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