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Student Housing Asset For Sale
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41 Chenango Street, Binghamton, NY 13901

Student housing asset with commercial space and amenity upgrades for sale.

Property Size37,000 SF
Days on Market337

Property Features for 41 Chenango Street

General Information

Standard status Active
Size 37,000 SF
Property subtype Student Housing

Building Details

Building Size 37,000 SF
Year Renovated 2019
Listing Agency: Lee & Associates - New York
Listed By: Sean Slattery · License #10301221373
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 11 at 6:15AM

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

Investment Insights

Based on property information with market context.

Located in downtown Binghamton, New York, the property at 41 Chenango Street is a student-housing asset redeveloped in 2019. The building spans over 37,000 square feet and caters to the off-campus student population of SUNY Binghamton. It features 79 beds within 20 units, along with 4,716 square feet of commercial space and 5,994 square feet of common amenity space. Recent amenity upgrades include a fitness space, student lounge, private study rooms, and on-site parking. The unit mix attracts both groups and individuals. The property presents an opportunity to operate a quality asset, capitalize on commercial leasing potential, and benefit from rent growth.

Key Highlights

  • Redeveloped in 2019, offering modern student housing near Downtown Binghamton and SUNY Binghamton.
  • Features 79 beds across 20 units, plus 4,716 sq ft of commercial space and 5,994 sq ft of amenity space.
  • Provides a high‑quality living experience with recent amenity upgrades including a fitness space, student lounge, and private study rooms.

Property Analytics

Current Use

Gather@Chenango Student Housing Center

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Veterinary Clinic Daycare Center Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,143
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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Student housing - Student housing asset with commercial space and amenity upgrades for sale.
Where is this student housing located?
The property is located at 41 Chenango Street Binghamton, NY.
What are key features of this property?
This property features: Redeveloped in 2019, offering modern student housing near Downtown Binghamton and SUNY Binghamton.; Features 79 beds across 20 units, plus 4,716 sq ft of commercial space and 5,994 sq ft of amenity space.; Provides a high‑quality living experience with recent amenity upgrades including a fitness space, student lounge, and private study rooms.
More about this property
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