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13-Unit Multifamily Portfolio
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129 Susquehanna St, Binghamton, NY 13901

Two buildings include renovated residences with pedestrian access to downtown amenities, public transportation, and student bus routes.

Property Size8,877 SF
Days on Market55

Property Features for 129 Susquehanna St

General Information

Standard status Active
Size 8,877 SF
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 13

Building Details

Building Size 8,877 SF
Year Built 1984
Buildings 2
Units 13
Listing Agency: SVN | Innovative Commercial Advisors
Listed By: Scott Warren, CCIM, CIREC
Source: Commercialcafe
Added: Sep 4 Changed: Oct 27 Last Checked: Oct 26 at 1:06PM

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

Rey
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Investment Insights

Based on property information with market context.

This multifamily offering combines 127 and 129 Susquehanna Street in one two-building portfolio with 13 residential units. The unit count includes 11 residences at 129 Susquehanna Street and two at 127 Susquehanna Street. Both properties are included in the sale, and many units have received recent renovations. The buildings date to 1984 and provide in-place rental operations.

The properties are located in Binghamton, NY 13901, within walking distance of Downtown Binghamton. Nearby amenities identified in the property information include restaurants, shops, professional services, entertainment venues, employment centers, public transportation, and Binghamton University student bus routes. Current rents are below Broome County Fair Market Rents, creating an opportunity to increase rental income and net operating income through future rent adjustments.

Key Highlights

  • 13 total residential units across two multifamily buildings
  • 11 units at 129 Susquehanna Street and 2 units at 127 Susquehanna Street
  • Many units have undergone recent renovations

Property Analytics

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Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

1,748
Businesses Nearby

Demographics for 13901, NY

20,548
Population
10,148
Households
2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
893
Density / Sq Mi
$54,165
Median Household Income
$36,897
Median Earnings
$806
Median Rent
$152,800
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings include renovated residences with pedestrian access to downtown amenities, public transportation, and student bus routes.
Where is this apartment building located?
The property is located at 129 Susquehanna St Binghamton, NY.
What are key features of this property?
This property features: 13 total residential units across two multifamily buildings; 11 units at 129 Susquehanna Street and 2 units at 127 Susquehanna Street; Many units have undergone recent renovations
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