17 Thorp and 24 Mather

For Sale

17 Thorp Street and 24 Mather Street, Binghamton, NY 13905

This Binghamton property for sale is located at 17 Thorp Street and 24 Mather Street. Contact the listing broker for details on the current sale price for 17 Thorp and 24 Mather. 17 Thorp and 24 Mather is situated on a lot that is 0.28 acre in size.

Contacts

Coty Lunn, CIREC

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 12,764 SF
  • Units 8
  • Lot Size 0.28 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 14, 2026
17 THORP STREET Located in Binghamton’s student housing district, the property benefits from a setting within one of the Southern Tier’s established urban centers. The city offers access to a diverse economic base, regional services, and a connected local street network that supports day-to-day convenience for residents and owners alike. For investors, Binghamton’s longstanding housing stock and neighborhood fabric contribute to the area’s enduring appeal. The broader Binghamton area is known for its proximity to downtown amenities, local dining, shopping, and community institutions. Broome County adds to the location’s regional draw, while the city’s mix of residential neighborhoods and commercial corridors supports continued interest in multifamily ownership within the market. 24 MATHER STREET Positioned on Binghamton’s established West Side next to a community garden, 24 Mather Street is located just off Main Street and within walking distance of the Court Street Bridge, providing direct connectivity between the neighborhood and Downtown Binghamton’s employment, dining, and entertainment districts. The property is serviced by both SUNY and public transportation routes and benefits from a Walk Score of 83, supporting strong demand from students and residents who prioritize walkable, transit-accessible locations. Main Street traffic counts of approximately 12,690 vehicles per day contribute to visibility and neighborhood activity. The combination of Downtown proximity, transportation access, and established residential density positions this location within one of Binghamton’s most consistently leased areas.
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Highlights

  • 12,764 SF combined building area: 6,110 SF Thorp and 6,654 SF Mather
  • 37 bedrooms and 15 bathrooms combined
  • 8 existing units: 5 at 17 Thorp and 3 at 24 Mather
  • Both properties described as fully vacant
  • Flexible renovation and student housing repositioning opportunity
  • Mather: upgraded electrical/panel, renovation materials on-site, and basement common-area potential
  • Package price and all underwriting assumptions subject to confirmation
  • Projected annual gross rent of $286,800 from current source listings, not actual income
  • Thorp: new electrical and plumbing systems, recently replaced roof, and student housing architectural plans
  • Two Binghamton R-3 multifamily properties

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Sunoco

    0.21 miles

  • Speedway

    0.25 miles

  • Gulf

    0.98 miles

  • Mirabito

    1.07 miles

  • Citgo

    1.88 miles

  • Tesla Supercharger

    3.17 miles

  • Lot UDC

    0.66 miles

  • Binghamton General Hospital Parking

    1.14 miles

  • UHS Summit Building Parking

    1.21 miles

  • UHS Parking

    1.29 miles

  • Lot HSC2

    1.66 miles

  • Lot HSC1

    1.77 miles

  • Lot J

    1.90 miles

  • Lot J1

    1.95 miles

  • DoubleTree

    0.49 miles

  • Holiday Inn Binghamton Downtown

    0.58 miles

  • The Grand Royale Hotel

    0.69 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    1.58 miles

  • Red Roof Inn Binghamton North

    1.68 miles

  • Econo Lodge

    1.75 miles

  • Residence Inn

    1.83 miles

  • Fairfield Inn Marriott

    2.15 miles

  • Quality Inn & Suites

    2.62 miles

  • Comfort Inn & Suites

    2.83 miles

  • A-1 Grocery & Halal Meat

    0.26 miles

  • Boscov's

    0.51 miles

  • Big Lots

    0.64 miles

  • Price Chopper

    0.74 miles

  • Plaza 5

    1.03 miles

  • Weis

    1.19 miles

  • Walmart Supercenter

    1.48 miles

  • Walmart

    1.55 miles

  • NOOR Halal Food & More

    1.67 miles

  • Dollar Depot

    1.90 miles

Contact Listing Broker
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