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Six-Unit Apartment Building
New
For Sale
$215,000

93 Walnut St, Binghamton, NY 13905

Full gut renovation opportunity within Binghamton’s student housing zone.

Property Size5,880 SF
Days on Market3

Property Features for 93 Walnut St

General Information

Standard status Active
Size 5,880 SF
Property subtype Multifamily

Property Condition

Severity Major
Evidence full gut renovation

Units

Unit Mix 5 x 2BR, 1 x 1BR
Multifamily Units 6

Building Details

Building Size 5,880 SF
Year Built 1960
Listing Agency: SVN | Innovative Commercial Advisors
Listed By: Lisberto Calvo
Source: Svn
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 21 at 5:23AM

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 six-unit apartment building contains five two-bedroom apartments and one one-bedroom apartment. Built in 1960, the property requires a full gut renovation, allowing the interior layout and finishes to be comprehensively rebuilt as part of a new ownership plan.

The property is located at 93 Walnut St in Binghamton, within the city’s student housing zone and close to Downtown Binghamton. Its stated use profile accommodates either student housing or traditional rental operations, subject to the completed renovation plan.

Key Highlights

  • Six residential units: five two‑bedroom apartments and one one‑bedroom apartment
  • Full gut renovation required throughout the property
  • Located within Binghamton’s student housing zone

Property Analytics

Current Use

Kadlecik Apartments Travel Agency

Suggested Use

Top Pick HVAC Service Electrical Service Daycare Center Garden Center Furniture & Home Goods (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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,525
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Full gut renovation opportunity within Binghamton’s student housing zone.
Where is this apartment building located?
The property is located at 93 Walnut St Binghamton, NY.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Six residential units: five two‑bedroom apartments and one one‑bedroom apartment; Full gut renovation required throughout the property; Located within Binghamton’s student housing zone
More about this property
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