119 Murray St

For Sale

119 Murray St, Binghamton, NY 13905

This Binghamton property for sale is located at 119 Murray St. The general use of 119 Murray St is multi-family and it incorporates 9,918 square feet of class C multi-family space. The current listed sale price for 119 Murray St is $1,179,000. 119 Murray St is situated on a lot that is 0.19 acre in size.

Contacts

broker
Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 9,918 SF
  • Units 12
  • Lot Size 0.19 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1960
  • Year Renovated 2023
  • Date Updated Dec 18, 2024
Located in an area that has experienced significant growth in student housing development, 119 Murray Street offers a prime opportunity in the R3 zoning district, which permits student housing. The property boasts a highly walkable location with a walkability score of 77, providing easy access to bus lines, the Court Street Bridge, and the vibrant amenities of Downtown Binghamton. Its close proximity to these conveniences drives strong rental demand, making it an attractive investment opportunity in this thriving neighborhood.This solid brick 12-unit building is located in the desirable R3 zoning district, making it perfectly suited for student housing. Situated in a neighborhood that has seen substantial student housing development in recent years, this property is ideally positioned to benefit from strong rental demand. The location offers a walkability score of 77 and provides convenient access to bus lines, the Court Street Bridge, and the vibrant amenities of Downtown Binghamton. The building has undergone significant renovations, including new kitchens, updated bathrooms, new windows, and more, ensuring modern appeal and functionality for tenants. This is a prime investment opportunity in a growing area. Rents quotes are for the 25/26 School year. 9 are sign and 3 are still being advertised.
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Highlights

  • Solid brick 12-unit building located in R3 zoning, ideal for student housing.
  • Situated in a thriving area with substantial student housing development.
  • Convenient access to bus lines, Court Street Bridge, and Downtown Binghamton.
  • High walkability score of 77 enhances tenant appeal and accessibility.
  • Significant renovations include new kitchens, updated bathrooms, and windows.
  • Strong rental demand driven by proximity to Downtown and public transportation.

Getting around

  • 77/100

    Walk Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Speedway

    0.06 miles

  • Sunoco

    0.11 miles

  • Mirabito

    0.87 miles

  • Gulf

    0.92 miles

  • Citgo

    1.72 miles

  • Tesla Supercharger

    3.28 miles

  • Lot UDC

    0.44 miles

  • Binghamton General Hospital Parking

    0.94 miles

  • UHS Summit Building Parking

    1.00 miles

  • UHS Parking

    1.08 miles

  • Lot HSC2

    1.86 miles

  • Lot HSC1

    1.96 miles

  • Lot J

    1.97 miles

  • Lot J1

    2.03 miles

  • DoubleTree

    0.36 miles

  • Holiday Inn Binghamton Downtown

    0.37 miles

  • The Grand Royale Hotel

    0.50 miles

  • Red Roof Inn Binghamton North

    1.78 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    1.79 miles

  • Econo Lodge

    1.85 miles

  • Residence Inn

    1.90 miles

  • Fairfield Inn Marriott

    2.25 miles

  • Quality Inn & Suites

    2.73 miles

  • Comfort Inn

    3.02 miles

  • Boscov's

    0.33 miles

  • A-1 Grocery & Halal Meat

    0.43 miles

  • Plaza 5

    0.82 miles

  • Big Lots

    0.84 miles

  • Price Chopper

    0.94 miles

  • Weis

    0.99 miles

  • Walmart Supercenter

    1.68 miles

  • Walmart

    1.75 miles

  • NOOR Halal Food & More

    1.86 miles

  • Dollar Depot

    2.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Scott Warren, CCIM

SVN | Innovative Commercial Advisors