90 Henry Street offers 26 studio apartments for $1,595,000—about $61,350 per unit—in Downtown Binghamton’s emerging Stadium District. Established income and tenant demand support investors seeking current cash flow and value-add potential through unit upgrades, operating efficiencies, and improved rental positioning. The district is targeted for public and private investment, including the City’s $12 million Henry Street reconstruction, continuing in 2027 with streetscape and pedestrian safety improvements, utility upgrades, and new lighting and traffic signals. The proposed $31 million Stadium Lofts development at 180 Henry Street would add 65 affordable apartments, advancing the City’s vision for a walkable, mixed-use neighborhood surrounding Mirabito Stadium. Serving students, young professionals, and workforce renters, 90 Henry Street pairs an established income-producing asset with opportunities to improve property performance in a corridor positioned for long-term revitalization.
Listing courtesy of Innovative Commercial Advisors.