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90 Henry St
Binghamton, NY 13901 Center City

$1,650,000 USD

Apartments For Sale  •  35,000 SF

Property Details

• Property Type Apartments
• Total Building Size 35,000 SF
• Lot Size 0.16 AC
• Building Class C
• Year Built 1960

30 Transit Score

60 Walk Score

Highlights

Strong cash-flow upside: 26 studio apartments with 85% occupancy and applications coming in.

Pro forma financials at full stabilization projecting a 10% cap rate at the asking price.

Prime Stadium District location: Desirable Commercial zoning in a top rental corridor for BU students, surrounded by restaurants and shops.

Efficient, well-maintained asset: Secure building with one central boiler for ease of maintenance, offered at an exceptional $59,000 per door.

Amenities

• 24 Hour Access
• Air Conditioning
• Controlled Access
• Tenant Controlled HVAC
• Heating
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Smoke Detector