Binghamton Apartment Complex For
162 Chapin St, Binghamton, NY 13905
20-unit apartment complex in established rental corridor, suitable for students.
Type:Multifamily
- Added:
- Mar 6, 2026
- Days on Market:
- 77
- Last Refresh:
- Apr 6 at 12:31 am
Property Features for 162 Chapin St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agent Scott Warren, CCIM License #NY #10491212432 (607) 621-0439
Listing office SVN | Innovative Commercial Advisors (607) 621-0439
Listing date Mar 6, 2026
Source Svn
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HighLights
- Located in an established rental corridor with consistent demand, suitable for both traditional tenants and students.
- R‑3 zoning supports higher density residential use and student occupancy, providing long‑term regulatory consistency.
- Proximity to student and public bus lines serving Binghamton University.
- Diversified income stream with a unit mix that includes 13 one‑bedroom, 6 two‑bedroom, and 1 four‑bedroom units.
- Tenants pay their own electric service.
- Fully sprinklered building enhancing life safety compliance.
Overview
This 20-unit apartment complex is located in the City of Binghamton within the R-3 zoning district, a classification that supports higher density residential use and is well suited for student occupancy. The property's zoning alignment provides long-term regulatory consistency and positions the asset within an established rental corridor attractive to both traditional tenants and students. The unit mix includes 13 one-bedroom units, 6 two-bedroom units, and 1 four-bedroom unit, providing a diversified income stream across multiple bedroom formats. Tenants are responsible for their own electric service. The building is fully sprinklered, enhancing life safety compliance. 162 Chapin Street is located on Binghamton's West Side, one of the City's most established residential neighborhoods with consistent rental demand. The property benefits from close proximity to Main Street, providing convenient access to neighborhood retail, services, and daily amenities. It is within walking distance of student and public bus lines serving Binghamton University and has proximity to Downtown Binghamton restaurants, retail, and employment centers. The property presents an opportunity to capture student-driven leasing velocity within a proven submarket.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Genco Management
Property Management Company
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9216
- Latitude
- 42.1012
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FAQs
What type of property is this?
Apartment building - 20-unit apartment complex in established rental corridor, suitable for students.
Where is this apartment building located?
The property is located at 162 Chapin St Binghamton, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Located in an established rental corridor with consistent demand, suitable for both traditional tenants and students.; R‑3 zoning supports higher density residential use and student occupancy, providing long‑term regulatory consistency.; Proximity to student and public bus lines serving Binghamton University.
