Binghamton Development Site 191 Front St Local commercial 4 168 m² À vendre Binghamton, NY 13905

Lee & Associates NYC is pleased to present our Offering Memorandum for the full-block Front Street Assemblage in Binghamton, New York (hereafter referred to as the “Front-Oak Assemblage”). This prime development site encompasses over 3.6 acres of land with frontage on Gerard Avenue, Oak Street, and Front Street. The current plans include the construction of 156 residential units along with 6,000 square feet of drive-thru retail space.
Over the past decade, the City of Binghamton has undergone significant transformation, particularly in the Downtown and West Side neighborhoods, where purpose-built student housing has dominated new developments. This shift has resulted in a scarcity of market-rate and affordable housing options in the region. Given the limited availability of approved development sites near downtown Binghamton, the Front-Oak Assemblage represents a compelling opportunity for a development partner to capitalize on a market that is deeply constrained in supply.
Fully Approved plans for approximately 163,000 square feet of mixed-use residential development
Strategically located near the vibrant Downtown area of Binghamton
Proximity to Major Employment Centers including SUNY Binghamton, Technology, Manufacturing, and healthcare sectors
Supply-constrained market with few upcoming developments scheduled for delivery