Exceptional Development Opportunity – Henry Street Portfolio, Binghamton NY

[James Lucenti]

Portfolio Highlights

• 100 Henry Street: 8 units / 24 beds
• 104 Henry Street: 2 units / 14 beds
• 108 Henry Street (The Dixie): 15 units / 44 beds (approved)
• Parking Lot: Additional development/tenant amenity potential
• 27,140 SF Mid-Rise Building with plans available for up to 68 multifamily units
• Flexible Commercial C4 zoning and Congregate Living designation — allows for student housing, multifamily apartments, or mixed-use development
• Much of the demolition work has already been completed, providing a strong head start for redevelopment
• Prime location with strong rental demand and attractive investment yield potential

This portfolio represents an exceptional development opportunity with the flexibility and positioning needed for a successful project in one of the region’s most dynamic rental markets. 

I would be happy to discuss this opportunity in greater detail and answer any questions you may have. Please feel free to contact me directly at your convenience.