26-Unit Multifamily Investment
For Sale
Contact for pricing
90 Henry St, Binghamton, NY 13901
Well-maintained apartment building in Binghamton's Stadium District.
Property Size7,446 SF
Price / SF$47.01
Days on Market184
Property Features for 90 Henry St
General Information
Standard status
Active
Size
7,446 SF
Class
C
Property subtype
Multifamily
Zoning
C-4
Occupancy
92%
Investment Type
Core+
Building Details
Year Built
1960
Buildings
1
Stories
3
Units
26
Tenancy
Multi
Listing Agency:
SVN Innovative Commercial Advisors
(607) 621-0439
Listed By:
Scott Warren · License #10301220936
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Aug 19 at 12:13AM
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
Investment Insights
Based on property information with market context.
This well-maintained 26-unit studio apartment building is located in the rapidly developing Stadium District of Binghamton. The property is currently operating at 85 percent occupancy. The property is zoned commercial and is within walking distance of SUNY bus lines and close to the main bus terminal. The location is surrounded by restaurants, shops, banks, and entertainment venues. The building is secure, professionally maintained, and designed for operational efficiency, featuring one central boiler. The property is positioned near the Stadium District and downtown core, offering convenient access to restaurants, coffee shops, entertainment venues, and professional services. It benefits from strong proximity to Binghamton University amenities, public transportation, and major arterial roads, making it easily accessible. The surrounding area has seen continued reinvestment and redevelopment, contributing to a growing demand for housing and mixed-use opportunities. The property size is 7446 square feet.
Key Highlights
- Projected 10% cap rate at full occupancy, offering strong yield potential.
- Located in the rapidly developing Stadium District of downtown Binghamton, a desirable rental corridor.
- Value‑add opportunity at $59,000 per door in a market experiencing reinvestment and redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,001
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained apartment building in Binghamton's Stadium District.
Where is this apartment building located?
The property is located at 90 Henry St Binghamton, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Projected 10% cap rate at full occupancy, offering strong yield potential.; Located in the rapidly developing Stadium District of downtown Binghamton, a desirable rental corridor.; Value‑add opportunity at $59,000 per door in a market experiencing reinvestment and redevelopment.
