deal image
191 Front StBinghamton, NY 13905
Front Street Assemblage
Asset ClassLand, Multifamily
Front Street Assemblage
overview of deal

Overview

Lee & Associates NYC is pleased to present the full-block Front Street Assemblage in Binghamton, New York (hereafter referred to as the “Front-Oak Assemblage”). This prime development site encompasses over 3.6 acres of land with frontage on Gerard Avenue, Oak Street, and Front Street. The current plans include the construction of 156 residential units along with 6,000 square feet of drive-thru retail space.

 

Over the past decade, the City of Binghamton has undergone significant transformation, particularly in the Downtown and West Side neighborhoods, where purpose-built student housing has dominated new developments. This shift has resulted in a scarcity of market-rate and affordable housing options in the region. Given the limited availability of approved development sites near downtown Binghamton, the Front-Oak Assemblage represents a compelling opportunity for a development partner to capitalize on a market that is deeply constrained in supply.

Access the Data Room

Investment Highlights

  • Fully Approved Plans For Approximately 160,000 Square Feet Of Residential Development
  • Strategically Located Near The Vibrant Downtown Area Of Binghamton
  • Proximity To Major Employment Centers, Ncluding Suny Binghamton Technology Manufacturing, And Healthcare Sectors
  • A Supply-Constrained Market With Few Upcoming Developments Scheduled For Delivery
deal gallery image
deal gallery image
deal gallery image
191 Front StBinghamton, NY 13905

Sales Team

Ben TapperExecutive Managing Director(646) 658-7334btapper@lee-associates.com
David CarswellSenior Managing Director(212) 776-1209dcarswell@lee-associates.com
Ryan FitzpatrickSenior Associate(202) 644-4713rfitzpatrick@lee-associates.com
26565 West Agoura Road, Calabasas, CA 91302
deal image

Inquire

Listing provided by Revere CRE