Downtown Binghamton Student Housing
162 Court Street, Binghamton, NY 13901
Student housing asset with retail space in Downtown Binghamton.
Type:Student Housing
Property size:
20,372 SFPrice / SF:
$177/SF- Added:
- Sep 10, 2025
- Days on Market:
- 254
- Last Refresh:
- Apr 5 at 9:24 pm
Property Features for 162 Court Street
General Information
- Standard status
- Active
- Size
- 20,372 SF
- Property subtype
- Student Housing
Listing agent Sean Slattery License #10401285671 (646) 723-4011
Listing office Lee & Associates | New York City (646) 723-4011
Listing date Sep 10, 2025
Source Lee-associates
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 Lee & Associates | New York City
HighLights
- Located in Downtown Binghamton, servicing Binghamton University, New York’s #1 Value Public University.
- Features 10 units consisting of 56 total beds, catering to the student housing market.
- Opportunity to add value by leasing approximately 2,700 feet of retail space or converting it to self‑storage.
- Recent capital programs completed in the building.
- 19% increase in undergraduate applications in 2023 indicates a growing student rental market.
- Multiple unit sizes allow for flexibility in renting to individuals or groups.
Overview
Located at the corner of Court Street and Carroll Street in Downtown Binghamton, this property features 10 units comprising 56 beds. Recent capital improvements have been completed. The property is positioned to benefit from a growing student rental market, supported by a 19% increase in undergraduate applications in 2023 at Binghamton University, which is ranked as New York’s #1 Value Public University by U.S. News & World Report. The property offers consistent residential cash flow, with the potential to add value by leasing the approximately 2,700 square feet of retail space or converting it to self-storage. The unit mix and multiple unit sizes allow for flexibility in renting to individuals or groups. The property's total size is 20,372 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
162 Court Street
Business Service Center
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9076
- Latitude
- 42.0995
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Student housing asset with retail space in Downtown Binghamton.
Where is this apartment building located?
The property is located at 162 Court Street Binghamton, NY.
What is the asking price?
The asking price for this property is $3,625,000.
What are key features of this property?
This property features: Located in Downtown Binghamton, servicing Binghamton University, New York’s #1 Value Public University.; Features **10 units consisting of 56 total beds**, catering to the student housing market.; Opportunity to add value by leasing approximately 2,700 feet of retail space or converting it to self‑storage.
