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5-Unit Apartment Building
For Sale
$319,000

160 Chapin Street, Binghamton, NY 13905

A mixed unit layout pairs separately metered electricity with a detached garage and off-street parking.

Property Size3,903 SF
Price / SF$81.73
Days on Market140

Property Features for 160 Chapin Street

General Information

Standard status Active
Size 3,903 SF
Property subtype Residential Income
Zoning R-3, R-3

Units

Unit Mix 1 x studio, 3 x 1BR, 1 x 3BR
Multifamily Units 5
Individually Metered Utilities electricity

Taxes and HOA fees

Annual Taxes $5,147

Amenities

detached garage
off-street parking
Porch

Building Details

Building Size 3,903 SF
Year Built 1920
Year Renovated 2024
Buildings 1
Units 5
Listing Agency: HOWARD HANNA
Listed By: Keith Arnold
Source: Lindakentrealestate
Added: Jun 14 Changed: Oct 27 Last Checked: Oct 31 at 5:34AM

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 HOWARD HANNA

Rey
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Investment Insights

Based on property information with market context.

This 3,903 SF multifamily property has five apartments: one studio, three one-bedroom units, and one three-bedroom unit. Renovation work in 2024 included hot water heaters, appliances, and finish updates. The building is largely vacant, and electricity is separately metered for each unit. A detached garage and off-street parking are also part of the property.

The address is less than a half-mile from downtown Binghamton and a short drive from Binghamton University. Zoning is R-3. The property is offered as-is and may also be acquired within a five-property Broome County portfolio.

Key Highlights

  • Five apartments: one studio, three one‑bedroom units, and one three‑bedroom unit
  • 3,903 SF building
  • Renovated in 2024 with new hot water heaters, appliances, and updated finishes

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,075
Businesses Nearby

Demographics for 13905, NY

27,672
Population
13,774
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
28.2 sq mi
ZIP Area
981
Density / Sq Mi
$53,757
Median Household Income
$30,359
Median Earnings
$993
Median Rent
$137,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - A mixed unit layout pairs separately metered electricity with a detached garage and off-street parking.
Where is this apartment building located?
The property is located at 160 Chapin Street Binghamton, NY.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Five apartments: one studio, three one‑bedroom units, and one three‑bedroom unit; 3,903 SF building; Renovated in 2024 with new hot water heaters, appliances, and updated finishes
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