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116 Murray St Binghamton, NY 13905

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For Sale
$349,000

Student housing property in established Binghamton rental submarket.

Building Details

Year built
1905

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Listing Contact
James Lucenti
Source: Svn

Listing Agent: James Lucenti

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

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Overview

Binghamton Student Housing Opportunity

Located at 116 Murray Street in Binghamton, this student housing asset resides within the City of Binghamton’s R-3 zoning district, which supports higher density residential use. The property is situated south of Main Street, within one of the most established and consistently leased student housing areas. The R-3 zoning framework provides long term regulatory alignment for continued student occupancy. The property is positioned within a proven student housing concentration with consistent leasing demand. It features central air conditioning and off street parking. The property is within walking distance to the SUNY bus line, providing direct campus access, and walkable to Downtown Binghamton restaurants, retail, and entertainment. The location is in Binghamton’s established West Side student housing corridor.
Location Intelligence

Current Use by Public Records

Multifamily properties

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
-75.9211237
Latitude
42.0987861

FAQs

What type of property is this?
Multifamily property - Student housing property in established Binghamton rental submarket.
Where is this multifamily property located?
The property is located at 116 Murray St Binghamton, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: - Located in an established and consistently leased student housing corridor south of Main Street.; - R-3 zoning supports higher density residential use and student occupancy.; - Attractive price per bed relative to replacement cost and competing inventory.
More about this property
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