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1 Mather St Binghamton, NY 13905

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For Sale
$3,699,000

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

Building Details

Year built
1970

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Listing Contact
Coty Lunn
Coty Lunn
Source: Svn

Listing Agency: INNOVATIVE COMMERCIAL ADVISORS Listing Agent: Coty Lunn

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

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Overview

Binghamton Student Housing Complex

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.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant 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

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  • Local Demand
City
Binghamton
County
Broome
State
New York
Longitude
-75.9249272
Latitude
42.1008215

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 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.
More about this property
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