Chapin Court Apartments in Binghamton sold for $550,000

BINGHAMTON — The Chapin Court Apartments, a 20-unit apartment complex in Binghamton, was recently sold.

Chapin Street, LLC purchased the complex, located at 162-164 Chapin St., from Chapin Street, LLC for $550,000, according to a release from Hemisphere Holdings Corp. Richard L. Will, president of the Syracuse–based real-estate firm, brokered the transaction. 

Hemisphere says the Chapin Court Apartments is located in an improving neighborhood close to downtown Binghamton, and the building is expected to undergo upgrades under the new ownership.

The real-estate firm says it specializes in brokering multi-family apartment properties across upstate New York.