24 Centenary St
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24 Centenary St
11 Unit Apartment Building $899,000 ($81,727/Unit) Binghamton, NY 13901
Investment Highlights
- Prime Downtown Binghamton location
- Walking distance to SUNY bus lines and amenities
- Strong potential in the student housing market
- Mix of 1-bed and 2-bed units
- Solid brick building with rare vacancies
Executive Summary
This property offers an exceptional setup for student housing in a prime location. Featuring one 2-bedroom unit and ten 1-bedroom units, it's perfectly situated in the heart of Downtown Binghamton’s student housing market.
Just two buildings from Court Street and located near the Koffman Southern Tier Incubator, this solid brick building is within walking distance to all of Downtown Binghamton and the SUNY bus lines. With its strong rental history and rare vacancies, this property is an ideal investment opportunity to capitalize on the high demand in the competitive student housing market.
89 Court Street and 73 Court Street are also available to purchase as a package with 24 Centenary Street, creating a powerful portfolio investment opportunity. Owning all three properties offers significant advantages in terms of scale, management efficiency, and market influence within Downtown Binghamton’s growing rental market.
Just two buildings from Court Street and located near the Koffman Southern Tier Incubator, this solid brick building is within walking distance to all of Downtown Binghamton and the SUNY bus lines. With its strong rental history and rare vacancies, this property is an ideal investment opportunity to capitalize on the high demand in the competitive student housing market.
89 Court Street and 73 Court Street are also available to purchase as a package with 24 Centenary Street, creating a powerful portfolio investment opportunity. Owning all three properties offers significant advantages in terms of scale, management efficiency, and market influence within Downtown Binghamton’s growing rental market.
Property Facts
| Price | $899,000 | Apartment Style | Mid Rise |
| Price Per Unit | $81,727 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 11 | Building Size | 6,878 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1965 |
| Price | $899,000 |
| Price Per Unit | $81,727 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,878 SF |
| No. Stories | 4 |
| Year Built | 1965 |
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Family Room
Site Amenities
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 1 | - | - |
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Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 030200-160-041-0003-035-000-0000 | Improvements Assessment | $204,750 |
| Land Assessment | $19,250 | Total Assessment | $224,000 |
PROPERTY TAXES
Parcel Number
030200-160-041-0003-035-000-0000
Land Assessment
$19,250
Improvements Assessment
$204,750
Total Assessment
$224,000
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Scott Warren -
SVN | Innovative Commercial Advisors
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