Endwell Multifamily for Auction - Broome County

Property Subtype:

Apartment

Date on Market:

2026-04-14

Binghamton Multifamily for Sale - Broome County

99 Oak Street offers the opportunity to acquire a fully renovated, 24-unit, 40-bed student housing asset that has undergone approximately $890,960 in capital improvements. The extensive renovation program has enhanced both the property's appeal and functionality, creating a turnkey investment with modernized interiors, upgraded common areas, and thoughtfully updated living spaces that appeal to today's student renters. Large-scale student housing assets of this quality are rarely available in the Binghamton market. With 40 beds, significant recent investment, and an assumable non-recourse loan potentially available to qualified buyers, the property provides investors with an attractive combination of immediate income, operational scale, and long-term upside.

Property Subtype:

Apartment

Date on Market:

2026-06-03

Binghamton Multifamily for Sale - Broome County

Offered for sale is a 10-unit multifamily property located on Main Street in Binghamton's West Side. The building features six 2-bedroom units and four 1-bedroom units, creating a balanced rental mix that has historically attracted both student and traditional tenants. The property has benefited from recent updates and offers strong in-place income. Commercial zoning and student housing approval provide additional flexibility, while the solid brick construction contributes to the property's long-term durability. With an established rental history and a location that remains popular with tenants, 327 Main Street presents a compelling multifamily investment opportunity.

Property Subtype:

Apartment

Date on Market:

2026-06-01

Binghamton Multifamily for Sale - Broome County

86 Oak Street presents an opportunity to acquire an 8-unit multifamily property in one of Binghamton's strongest rental corridors. The property currently consists of seven completed units totaling 17 beds, along with a framed-out basement unit that may offer the potential to increase the unit and bed count, subject to municipal approvals. The building is separately metered for electric and includes on-site laundry facilities and off-street parking. Positioned within walking distance of Downtown Binghamton and neighboring approximately 1,300 student beds, the property benefits from consistent demand drivers associated with the area's student housing market. Its proximity to bus routes, restaurants, retail, and entertainment venues supports continued tenant demand from both students and traditional renters. This offering presents a value-add opportunity through renovation, operational improvements, lease-up, and potential expansion of the existing unit count.

Property Subtype:

Apartment

Date on Market:

2026-06-01

Woodside Multifamily for Sale - Northwest Queens

Spacious corner medical / community facility opportunity at 63-14 Queens Boulevard in the heart of Woodside. This modern, elevator building has been fully built out and operated as a college dormitory, offering a turnkey layout that can seamlessly accommodate a wide range of community facility uses, including medical offices, educational institutions, wellness or treatment centers, and professional practices. Current in-place income and additional upside. New owner to reposition or re-lease on their own terms. The floor plan features efficiently sized suites that can be combined or demised, strong natural light, modern systems, and a configuration that supports both private offices and shared common areas. Ideally located along Queens Boulevard with excellent visibility and access, the property benefits from proximity to multiple subway lines, bus routes, and major highways, connecting quickly to Manhattan and the rest of Queens. The surrounding neighborhood includes dense residential blocks, retail corridors, schools, and medical facilities, creating a deep user base for community-focused operators. This offering is well suited for investors or end users seeking stable income today with clear value-add potential through lease-up of the vacant units, programmatic upgrades, or a full repositioning while leveraging the existing dormitory-style infrastructure.

Property Subtype:

Apartment

Date on Market:

2026-05-27

De Witt Retail for Sale - SE Outer Onondaga County

2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel within the region’s premier commercial artery. With an exceptional parking ratio of 10.00/1,000 SF (100 spaces), this site is engineered for high-volume operations. The property commands excellent visibility on Erie Boulevard, 130’ on Erie Boulevard, the market's highest-volume surface street, supporting approximately 21,000 VPD (vehicle per day). Strategic proximity to the I-690 interchange provides seamless connectivity to the Syracuse/DeWitt CBD (commercial business district) and the greater I-81 corridor. The asset is positioned within a core retail cluster featuring national category leaders such as Walmart, Trader Joe's, Best Buy, and The Home Depot. The property features 140 sitting capacity dinning area, 5 private karaoke/party rooms, elevator, fully equipped commercial kitchen, BBQ tables, outdoor dinning patio and loading dock. Flexible commercial zoning supporting a wide range of retail, restaurant, and showroom uses. Retail Anchors: just minutes from major shopping destinations. Medical and Professional Hubs: Proximity to dense concentration of medical offices, 4 major hospitals and 2 universities, provides a built-in daytime population of professionals and clients. Investment asset: economic catalysts & development pipeline such as recent significant public and private developments including Micron, new proposed hubs, ever expanding University student housing, further solidify this corridor as a premier destination. Whether you are looking to re establish a sizable restaurant or to expand commercial retail presences, this property offers immediate upside for an owner/user or value-add investor with high traffic volume, regional market positioning, and investment stability.

Property Subtype:

Restaurant

Date on Market:

2026-05-13

Binghamton Retail for Sale - Broome County

Prime downtown Binghamton mixed-use opportunity (~39,500 SF) with significant value-add potential. Multiple street-level commercial units generate ~$5,000/month while upper floors are primed for residential or student housing conversion. Located in the Downtown Business District allowing flexible mixed-use redevelopment. Prior concepts support 18+ units / up to 41 bedrooms, well-suited for a per-bed leasing model. Strong rental demand driven by Binghamton University (~19,000 students) and a ~44% renter population. Preliminary plans available; conversion-ready layout. One of the largest available assets in the downtown core. This is a scale-driven, demand-backed repositioning opportunity in a market attracting institutional and private capital

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-05-11

Binghamton Multifamily for Sale - Broome County

One of Binghamton's most proven West Side student housing addresses. 5 Mather Street is a 9-unit income-producing property located in the R-3 Multi-Residential zone — Binghamton's designated student housing district — steps from Main Street, Downtown, and SUNY bus lines with direct service to Binghamton University. The property features six 1-bedroom/1-bath units and three 3-bedroom/3-bath units across 8,556 SF, with by-the-room leasing on the 3-bedroom units driving maximum revenue per square foot. In-place gross annual income of $116,400 with a pro forma of $126,600 at full occupancy. Estimated cap rate of approximately 7.5% on pro forma income. Infrastructure includes two boilers, three water heaters, six electric meters, and two full sets of in-building laundry. On-site maintenance management currently in place and available to convey. The property is zoned for 12 units and currently operates 9 — representing a clear, approvable path to add three additional income units without rezoning. Binghamton University received 74,725 applications in the most recent admissions cycle — a historic high — providing a sustained and growing tenant pipeline for West Side student housing assets. 72-hour advance notice required. Proof of funds or pre-qualification letter required prior to scheduling. Contact listing agent for full Offering Memorandum.

Property Subtype:

Apartment

Date on Market:

2026-05-07

Buffalo Portfolio of properties for Sale - Buffalo CBD

Connecticut Street Campus-Edge Assemblage: Five-Parcel Mixed-Use Block Near D’Youville – Offered at $1.5M Executive summary This offering comprises five same street parcels, some contiguous in Buffalo’s resurgent Connecticut Street corridor, immediately adjacent to D’Youville University and minutes from Downtown Buffalo. The assemblage combines three urban infill land parcels, a fully built 2-unit duplex, and a former restaurant property, creating a rare opportunity to control part of a mixed-use micro-block in the path of institutional and private development. Asset highlights Five parcels on Connecticut Street create a cohesive, highly walkable area in Buffalo’s West Side neighborhood, near the growing D’Youville campus and Niagara Street corridor. Three vacant commercial lots (300, 302, 304 Connecticut) providing flexible options for surface parking, outdoor seating, or future vertical development under the Buffalo Green Code. Two income-producing buildings: a 2-unit residential duplex at 309 Connecticut and a former restaurant/bar at 313 Connecticut, offering potential cash flow with upside through repositioning and re-tenanting, or redevelopment. Strategically located within walking distance of D’Youville University, which is investing over $100 million in new student housing and campus projects in the immediate area, reinforcing long-term demand for housing, food & beverage, and mixed-use space. Surrounded by ongoing corridor investment, including offerings like 465– 466 Connecticut Street and a growing roster of destination food, beverage, and retail concepts.

Property Subtype:

Mixed Types

Date on Market:

2026-04-27

Binghamton Multifamily for Sale - Broome County

Offered for sale is a 20 unit apartment complex located in the City of Binghamton within the R-3 zoning district, a classification that supports higher density residential use and is well suited for student occupancy. The property’s zoning alignment provides long term regulatory consistency and positions the asset within an established rental corridor attractive to both traditional tenants and students. The unit mix consists of 13 one bedroom units, 6 two bedroom units, and 1 large four bedroom unit. This diversified configuration allows flexibility in leasing strategy, including individual student rentals or group occupancy, while maintaining broad appeal across multiple tenant profiles. The property is within walking distance to both public and student bus lines, providing direct connectivity to Binghamton University and Downtown Binghamton. The downtown core, including restaurants, retail, and service amenities, is also walkable, enhancing tenant convenience and supporting sustained demand. The building is fully sprinklered, strengthening life safety compliance and reducing operational risk. Tenants pay their own electric service, while the landlord covers gas and common electric, offering a manageable expense structure with potential for operational efficiencies. With R-3 zoning, transportation access, and proximity to downtown, this asset is well positioned for investors targeting student housing demand within a proven rental submarket of Binghamton.

Property Subtype:

Apartment

Date on Market:

2026-03-03

Herkimer Multifamily for Sale - Herkimer County

Access Due Diligence for 650 W German St. at https://bracketre.com/listing/d25df389-149f-4011-9bfc-eec5270e0419 Brookwood Apartments at 650 W German St. represents a premier student housing and mixed-use investment opportunity in the heart of Herkimer, NY. This 36,500-square-foot masonry asset is strategically positioned to capture the high-demand student market while offering a robust, diversified revenue model that provides significant protection against market volatility. The property’s core residential component is designed with a 57-bed capacity across 31 units, featuring a versatile mix of seven one-bedroom units, twenty-two two-bedroom units, and large-format three and four-bedroom floor plans. Beyond the core residential income, the property functions as a true mixed-use hub, further stabilizing the cash flow through year-round commercial and amenity-based revenue. The building features an on-site restaurant currently under a monthly lease, serving as a "sticky" anchor amenity for the student residents while providing the owner with steady, non-enrollment-dependent commercial income. Additionally, the property includes a first-floor convenience store and specialized revenue streams tied to regional baseball lodging programs, laundry, and vending services. From an operational standpoint, Brookwood Apartments offers superior fundamentals and significant value-add potential. The 1.15-acre site features a massive parking advantage with a 1.29/bed ratio (40 surface spaces), a key competitive edge in the suburban student housing market. The building itself is a well-maintained three-story masonry structure equipped with an elevator, 24-hour access, and master-metered utilities for streamlined management. Access Due Diligence for 650 W German St. at https://bracketre.com/listing/d25df389-149f-4011-9bfc-eec5270e0419

Property Subtype:

Apartment

Date on Market:

2026-02-17

Binghamton Multifamily for Sale - Broome County

Offered for sale is a well maintained and professionally operated 51-unit student housing complex located on Binghamton’s West Side, one of the area’s most consistently leased student rental submarkets. The property consists entirely of two-bedroom units across two buildings, providing operational scale and a uniform unit mix in a proven demand location. Units feature updated, durable interiors including modern cabinetry, hard surface flooring, and clean bathroom finishes, supporting tenant appeal and consistent occupancy. Both buildings also feature new roofs totaling approximately $160,000 in recent improvements, significantly reducing near term ownership risk. Utility configurations provide flexibility, with 1 Mather Street serviced by a single gas meter and separate electric meters, while 3 Mather Street includes separate gas and electric meters with individual furnaces in each unit. The site is currently zoned for 54 units, creating immediate upside through the potential addition of three basement units under existing zoning. This built-in expansion potential allows an investor to increase density and revenue without pursuing zoning approvals. 98 Main St. is included in the asking price, providing the necessary parking to support the asset. This asset presents an opportunity to acquire a stabilized student housing investment with strong in-place cash flow, recent improvements, and clear pathways for future income growth.

Property Subtype:

Apartment

Date on Market:

2026-02-13

Cortland Multifamily for Sale - Cortland County

Offered at $555,000, this well-located 3,974± SF, three-unit student housing property presents a strong investment opportunity in the heart of Cortland. The property features 15 total bedrooms (five bedrooms per unit) and is currently operated as student housing, benefiting from consistent demand driven by its walkable proximity to SUNY Cortland and the Cortland City central business district. Each bedroom leases for $3,600 per semester, providing a clear, per-bed revenue model favored by student-housing investors. The owner currently covers electric and gas utilities, simplifying tenant leasing and supporting strong occupancy. The property is further enhanced by a large on-site parking lot, a valuable amenity in this submarket. With its prime location, scale, and established student-housing use, 6 Monroe Heights offers investors a compelling opportunity to acquire a stabilized asset in a proven college rental market.

Property Subtype:

Apartment

Date on Market:

2026-01-23

Canaan Office for Sale - Columbia County

Berkshire Junior-Senior High School is the only school located in the Berkshire Union Free School District. It has 38 classrooms and 36 offices. There is also an auditorium and gymnasium. The 13,000 + square foot dining hall has a state of the art commercial kitchen. There are 5 seperate dormitories, each with 20 bedrooms & full kitchen. 4 additional buildings are used for student & staff housing as well as 2 single family homes. There is also a stone chapel, a student & staff infirmary and a large maintenance garage with lifts in 4 bays. For outdoor sports there is substantial water frontage on Queechy Lake and a field with bleachers suitable for Soccer, Lacrosse, Field Hockey etc. All buildings currently in use are heated with natural gas. This property offers many potential uses due to the existing infrastructure.

Date on Market:

2026-01-20

Ithaca Multifamily for Sale - Collegetown

Remarks: Prime Collegetown Investment & Housing Opportunity! Just a few blocks from the heart of Cornell University’s Collegetown, this spacious residence offers an ideal blend of investment potential and practical living. Legal for five unrelated occupants, the home currently features six full bedrooms plus two additional bonus rooms on the third floor—perfect for home offices, study areas, or walk-in closets. Inside, the home retains classic character with hardwood floors throughout the entry, living, and dining rooms, creating warm and inviting shared spaces. A covered front porch provides a welcoming entry and a place to relax outdoors. With 1.5 bathrooms, a full basement with laundry, and abundant living space, the layout is highly functional for student housing or shared living arrangements. A standout feature is the expansive parking lot, rare in Collegetown, with space to accommodate 6–8 vehicles—a tremendous value-add for residents and an additional draw for investors focused on maximizing rental appeal. Whether you’re a Cornell parent seeking secure, long-term housing for your student, or an investor looking for a strong-performing rental in one of Ithaca’s most sought-after locations, this property delivers. Its combination of size, location, and amenities makes it a rare find in today’s market.

Property Subtype:

Apartment

Date on Market:

2026-01-13

Syracuse Portfolio of properties for Sale - Greater Syracuse

Global Real Estate Advisors (GREA) exclusively offers to investors the opportunity to acquire the fee simple interest in a strategically located student housing portfolio near Syracuse University. A private research institution located in the heart of Central New York, SU has grown its academic divisions to 13 schools and colleges since opening in 1870. With more than 40 research centers and institutions, Syracuse is one of 39 private doctoral universities nationwide with an R1 Carnegie Classification. Approximately 8,000 students live on campus, primarily undergraduate students, as SU requires most first- and second-year students to live on campus. 50% of undergraduates live off campus. Many students move off-campus after their first or second year, particularly to areas close to the University, such as the neighborhoods surrounding University Hill and Westcott. SU’s student population continues to grow, creating sustained demand for housing. The portfolio consists of 4 renovated historic student housing properties located approximately three blocks from Syracuse University and the Westcott Commercial District.: 536 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms 548 Clarendon Street: Single-family home; 6 bedrooms/3 bathrooms (currently operated as 7; historically 8 bedrooms, buyer to determine future use) 543-545 Clarendon Street: 3 units totaling 8 bedrooms/3 bathrooms (currently operated as 7; historically 8 bedrooms, buyer to determine future use) 702-704 Lancaster Avenue: 4 units with 8 bedrooms and 4 bathrooms The properties feature hardwood flooring, updated building systems, on-site laundry, off-street parking, porch or deck, fireplace, workout area, and hot tub (not available in all properties). This offering presents an exceptional opportunity for investors seeking exposure to the student housing sector in one of the Northeast's most reputable college towns.

Property Subtype:

Multi Family

Date on Market:

2025-12-02

Buffalo Multifamily for Sale - Greater Buffalo

NOW BEING OFFERED, AN ACCEPTIONAL "VALUE ADD" MULTI BUILDING ASSET WITH TREMENDOUS CASH FLOW! 15 BUILDINGS, LOCATED IN THE UNIVERSITY HEIGHTS DISTRICT OF BUFFALO, N.Y. 15 HEATH ST. IS BEING SOLD WITH 14 OTHER PROPERTIES AS A PROFITABLE STUDENT HOUSING PACKAGE THAT IS WITHIN WALKING DISTANCE TO SUNY BUFFALO. ALL BUILDINGS ARE 100% LEASED. LEASES ARE ANNUAL LEASES, WITH 12 MONTH AGREEMENTS AND THERE IS ONE LEASE PER BUILDING. CONTINUOUS CAP EX. IS ONGOING. ALL LEASES TERMINATE IN MAY. CURRENT INPLACE CAP RATE IS APPROX. 8.70% ALL BUILDINGS STRATEGICALLY LOCATED NEAR EACH OTHER. OPTION TO TAKE OVER CURRENT STAFF 3077 MAIN ST. IS A MIXED USED BUILDING THAT SERVES AND AN OFFICE FOR MANAGMENT WITH 3 APARTMENTS. NDA REQUIRE BEFORE TOURS, PLEASE SEE SUPPLIMENTS ATTACHED

Property Subtype:

Apartment

Date on Market:

2025-11-25

Ridgewood Multifamily for Sale - Central Queens

Great Investment Opportunity! Spacious 4-family home located just 3 blocks from the subway. The property features three railroad-style apartments, each offering 5 rooms, 2 bedrooms, and 1 full bath, plus a separate studio apartment. Each unit excluding the studio apt. includes an eat-in kitchen and combined living/dining area. The home also boasts a beautifully finished basement and a nice backyard—perfect for outdoor enjoyment. One apartment will be delivered vacant at closing. Perfect location—close to shopping, transportation, restaurants, and cafes! All tenants are month to month with no leases. Approx. annual taxes are $9,273 Rents are as follows: 1R-2 Bedroom-$2,350 1L-Studio-$1,900 2R-2 Bedroom-$2,000 2L-2 Bedroom-Vacant on title

Property Subtype:

Dormitory

Date on Market:

2025-11-07

Buffalo Multifamily for Sale - Greater Buffalo

NOW BEING OFFERED, AN ACCEPTIONAL "VALUE ADD" MULTI BUILDING ASSET WITH TREMENDOUS CASH FLOW! 23 BUILDINGS, LOCATED IN THE UNIVERSITY HEIGHTS DISTRICT OF BUFFALO, N.Y. 169 MERRIMAC IS BEING SOLD WITH 22 OTHER PROPERTIES AS A PROFITABLE STUDENT HOUSING PACKAGE THAT IS WITHIN WALKING DISTANCE TO SUNY BUFFALO. ALL BUILDINGS ARE 100% LEASED. LEASES ARE ANNUAL LEASES, WITH 12 MONTH AGREEMENTS AND THERE IS ONE LEASE PER BUILDING. OWNER OF 30 YEARS LOOKING TO RETIRE! CONTINUOUS CAP EX. IS ONGOING. ALL LEASES TERMINATE IN MAY. CURRENT INPLACE CAP RATE IS APPROX. 13.0% ALL BUILDINGS STRATEGICALLY LOCATED NEAR EACH OTHER. OPTION TO TAKE OVER CURRENT STAFF 3077 MAIN ST. IS A MIXED USED BUILDING THAT SERVES AND AN OFFICE FOR MANAGMENT WITH 3 APARTMENTS. NDA REQUIRE BEFORE TOURS, PLEASE SEE SUPPLIMENTS ATTACHED SEE INVENTORY LIST - PRICED TO SELL!!!

Property Subtype:

Apartment

Date on Market:

2025-10-22

Rochester Specialty for Sale - Greater Rochester

Welcome to 203 Sanford Street, a spacious South Wedge 5-bedroom, 2-bath residence currently being used as student housing. Key features include: Five full bedrooms, ideal for student house-sharing Two full bathrooms Three comfortable common areas for study, socializing, and relaxing First-floor laundry (washer/dryer included) Stainless steel kitchen appliances (refrigerator, stove, dishwasher) Hardwood floors throughout, with ceramic tile in the kitchen Covered front porch plus additional porch space (30?sq?ft + 114?sq?ft) Private off-street parking with capacity for six vehicles Heat, electric, water, trash removal included in rent Cable ready, snow removal, maintenance services included Close proximity: approx. 5 minutes to U of R, ~10 minutes to RIT/SJFU/Nazareth Zoning allows for SFR use; currently operated and 100% rented as student housing

Property Subtype:

Residential Income

Date on Market:

2025-09-26

Binghamton Office for Sale - Broome County

This 10,130 SF former Salvation Army facility is conveniently located in the Central Business District of Binghamton, NY. Strategically, it is at the very center of Binghamton University student off-campus housing, downtown classrooms, the arts and entertainment. Surrounding businesses include Coffee Shops, Café‘s, Restaurants, sporting venues and many retail shops. It is only a short walk to Binghamton City Hall, the Broome County Office complex and the State Office Building, as well as the County Courthouse complex. Plentiful parking is available in the adjacent and newly constructed 4 story parking structure.

Date on Market:

2025-09-18

Poughkeepsie Portfolio of properties for Sale - Fishkill

Ideal for Mixed-Use or Residential Redevelopment Unlock the potential of this high-value, 11 parcel development opportunity in the heart of Poughkeepsie’s rapidly growing Innovation District and Mixed-Use zones. 50 Academy Street is part of a strategic 11-parcel assemblage located at the intersection of Church Street, Academy Street, and Noxon Street. This site offers zoning flexibility and density bonuses that can support significant residential, commercial, or mixed-use development. Property Overview: Zoning: PID-B (Poughkeepsie Innovation District B) & MU-5 (Mixed Use 5) Lot Size: 1.12 acres over 11 parcels with expansive street frontage Permitted Uses: Multi-family residential, office, retail, hospitality, food service, live-work housing, student housing, performing arts, medical, and more Bonus Opportunities: Up to 9 stories / 120 ft height in PID-B with affordable housing inclusion Up to 7 stories / 94 ft in MU-5 with affordable housing No Historic Restrictions: Not in a City Historic District Parking & Incentives: On-site parking design flexibility with potential for Planning Board waiver or fee-in-lieu of parking Immediate proximity (within 50 ft) to municipal parking lot at 50 Cannon Street with ~210 spaces Investment Highlights: Prime urban infill location Strong residential rental demand High-density development as-of-right with bonus potential Flexible mixed-use zoning for a broad range of uses Infrastructure and planning support from the City’s Innovation District initiative Location Description Location Highlights: Centrally located in downtown Poughkeepsie, walking distance to restaurants, shops, art centers, and Vassar Brothers Medical Center Easy access to Route 9, Mid-Hudson Bridge, and Metro-North Railroad Adjacent to the historic Barrett Art Center Highlights Development Concepts: Several conceptual massing studies have been completed by Tinkelman Architecture, including: Option A: 35 residential units / 26 parking spaces Option B: 55 residential units / 28 parking spaces Option C: 76 residential units / 52 parking spaces Option D: 116 residential units / 49 parking spaces

Property Subtype:

Mixed Types

Date on Market:

2025-08-19

Potsdam Portfolio of properties for Sale

New York Multifamily is pleased to present Meadow East (100 units) and Swan Landing (44 units) as a 144-unit value-add multifamily portfolio located in Potsdam, NY — a strong college town anchored by Clarkson University and SUNY Potsdam as well as St. Lawrence University and SUNY Canton (formerly Canton-ATC) located just 10 miles away in Canton, NY. Meadow East offers a mix of one-, two- and three-bedroom apartments on a spacious, landscaped campus with amenities such as a new fitness center, EV charging stations, and pet-friendly green space. Swan Landing features large two- and three-bedroom townhomes with in-unit laundry and private entries, situated along a scenic riverside. Two-Property Portfolio 144 total units across two distinct assets: Meadow East features 100 garden-style apartments built in 1966 with a mix of 1BR, 2BR and 3BR layouts across 84,000 SF, while Swan Landing offers 44 large 2- & 3BR townhomes built in 1993 totaling 72,000 SF. This dual-asset configuration enables operational efficiency while offering diversification in unit type and target tenant profiles. Attractive College Town Fundamentals Located in Potsdam, NY, the portfolio is positioned in a stable, education-driven market with minimal new multifamily development. The local economy is underpinned by two universities, creating consistent rental demand within a walkable and amenity-rich environment that includes restaurants, shopping, and riverfront access. Differentiated Unit Mix Meadow East caters to students and professionals with traditional apartment layouts and campus-style amenities. Swan Landing provides townhome living ideal for upperclassmen, graduate students, and small families, offering private entries, larger square footages (1,530–1,830 SF), and direct access to outdoor space—features not commonly found in competing student housing. Value-Add Upside Across both properties, in-place rents remain below market, with Meadow East averaging $1,075/month and Swan Landing averaging $1,062/month. Light interior renovations, common area updates, and operational enhancements provide a clear path to rental growth and yield expansion. Over 50 Meadow East units are targeted for renovation with an average $15K per unit capex. Attractive Going In Basis Opportunity to acquire 144 units at a compelling per-unit basis well below replacement cost in a supply constrained, university driven market. Strong intrinsic value supported by existing income, with significant upside through value-add execution.

Property Subtype:

Multi Family

Date on Market:

2025-07-30

Binghamton Portfolio of properties for Sale - Broome County

Three fully-occupied properties with 24 beds available in Binghamton's highly-desirable R3 zone! Come look into 6 Seminary Ave, 64 Murray St, and 92 1/2 Walnut. Zoning allows for unrelated occupants and is fully compliant for student housing. Leasing these units is easy, as tenants find the recent upgrades and furnished units highly appealing. Historical vacancy has been virtually zero. All three enjoy the benefits of a highly walkable neighborhood and have easy access to the BU bus lines. Recent upgrades at 6 Seminary include appliances, furniture, flooring, furnace and hot water tank. 64 Murray has a newly-renovated three seasons room, some new flooring, new appliances and newer furniture. 92 1/2 Walnut boasts two kitchens, two furnaces, newer appliances and some upgraded furniture.

Property Subtype:

Multi Family

Date on Market:

2025-07-25