Offered for sale is a 20-unit apartment complex located in the City of Binghamton within the R-3 zoning district, supporting higher density residential use and student occupancy. The unit mix includes 13 one-bedroom units, 6 two-bedroom units, and 1 four-bedroom unit, providing flexible leasing potential across multiple tenant profiles. The property is within walking distance to public transit, student bus routes, and Downtown Binghamton amenities, supporting consistent rental demand. The building is fully sprinklered, and tenants pay their own electric service while the landlord covers gas and common electric. A well-positioned multifamily asset with scale, stable demand drivers, and long-term investment potential.
For sale
Price cut: $10K (7/6)
$1,640,000
162 Chapin St, Binghamton, NY 13905
29beds
20baths
14,052sqft
Multi Family, Apartment
Built in 1975
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Fully sprinklered
- 149 days |
- 156 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
INNOVATIVE COMMERCIAL ADVISORS 607-203-1826,
Scott Warren
Source: GBMLS,MLS#: 334880
Originating MLS: Greater Binghamton Association of REALTORS
Originating MLS: Greater Binghamton Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 29
- Bathrooms: 20
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total interior livable area: 14,052 sqft
- Finished area above ground: 14,052
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Garage spaces: 1
Lot
- Size: 0.36 Acres
- Dimensions: .36
- Features: Level
Details
- Parcel number: 03020016003100030330000000
- Zoning: R3
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Family
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Basement
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Lizzie E Chubbuck Prop
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $324,427
- Annual tax amount: $16,776
- Date on market: 3/1/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $1,640,000-0.6%$117/sqft |
Source:  GBMLS #334880 Report a problem | ||
| 3/1/2026 | Listed for sale | $1,650,000+10.1%$117/sqft |
Source: GBMLS #334880 Report a problem | ||
| 12/29/2023 | Listing removed | -- |
Source: GBMLS #321856 Report a problem | ||
| 9/9/2023 | Price change | $1,499,000-6.3%$107/sqft |
Source: GBMLS #321856 Report a problem | ||
| 6/28/2023 | Listed for sale | $1,599,000$114/sqft |
Source: GBMLS #321856 Report a problem | ||
| 5/21/2023 | Listing removed | -- |
Source: GBMLS #321202 Report a problem | ||
| 5/8/2023 | Listed for sale | $1,599,000+33.3%$114/sqft |
Source: GBMLS #321202 Report a problem | ||
| 5/13/2022 | Sold | $1,200,000-7.6%$85/sqft |
Source: GBMLS #315572 Report a problem | ||
| 2/2/2022 | Contingent | $1,299,000$92/sqft |
Source: GBMLS #315572 Report a problem | ||
| 1/22/2022 | Listed for sale | $1,299,000$92/sqft |
Source: GBMLS #315572 Report a problem | ||
| 1/7/2022 | Contingent | $1,299,000$92/sqft |
Source: GBMLS #315572 Report a problem | ||
| 1/5/2022 | Listed for sale | $1,299,000+4%$92/sqft |
Source: GBMLS #315572 Report a problem | ||
| 10/14/2021 | Listing removed | -- |
Source: dnu-Greater Binghamton broker feed Report a problem | ||
| 6/21/2021 | Listed for sale | $1,249,000+103.1%$89/sqft |
Source: dnu-Greater Binghamton broker feed #311922 Report a problem | ||
| 10/13/2020 | Listing removed | $700 |
Source: Zillow Rental Manager Report a problem | ||
| 10/4/2020 | Listed for rent | $700 |
Source: Zillow Rental Manager Report a problem | ||
| 5/18/2020 | Listing removed | $615,000$44/sqft |
Source: Local MLS #222030 Report a problem | ||
| 4/8/2020 | Pending sale | $615,000$44/sqft |
Source: WARREN REAL ESTATE OF GREATER BINGHAMTON #222030 Report a problem | ||
| 4/8/2020 | Listed for sale | $615,000$44/sqft |
Source: WARREN REAL ESTATE OF GREATER BINGHAMTON #222030 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 13905
Nearby schools
GreatSchools rating
- 4/10Horace Mann SchoolGrades: PK-5Distance: 0.5 mi
- 3/10West Middle SchoolGrades: PK,6-8Distance: 0.9 mi
- 3/10Binghamton High SchoolGrades: PK,9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Horace Mann
- District: Binghamton
Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
