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27-31 Chenango StBinghamton, NY 13901
27-31 Chenango Street
Asset ClassMultifamily, Student Housing
Deal Size$1.95 M
Historic User/Developer Opportunity
overview of deal

Overview

Lee & Associates NYC is pleased to present for sale, the redevelopment opportunity at 27–31 Chenango Street in Binghamton, New York. The offering consists of historic assets totaling approximately 58,000 square feet, strategically located near the core of Downtown Binghamton.

 

The Property is a large scale user opportunity in a historic corridor. The site also and has prior approved plans for 204 beds across 92 residential units, along with commercial space, positioning it as a premier future student-housing destination serving the growing SUNY Binghamton population. Once executed, the redevelopment will create a modern, amenitized housing experience in a market with limited high-quality supply.

 

Investors have the chance to reposition historic buildings into a high-demand student housing product, benefit from strong long-term fundamentals driven by Binghamton University’s enrollment growth, and capitalize on the project’s scale and location. The entitlement work is complete, enabling a streamlined path to construction and delivery.

 

This opportunity offers a rare combination of scale, approvals in place, and central location, making it one of the most compelling student housing redevelopment offerings in Binghamton.

Investment Highlights

Redevelopment Opportunity: Historic Assets Totaling ~58,000 Sf In Downtown Binghamton

Prior Approved Plans: 204 Beds Across 92 Residential Units + Commercial Space

Central Downtown Location: Walkable To Restaurants, Retail, Nightlife, And Transit

Repositioning Opportunity: Large scale user opportunty to revive the Chenango Street Historic District

27-31 Chenango StBinghamton, NY 13901
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