$3,000,000

Apartment Binghamton

  • 34 Beds
  • 29,230 Sqft
  • Updated: Today
  • MLS#337441

About the Property

premier mixed-use investment portfolio in the heart of Binghamton, consisting of 206-218 State Street. offering a strong blend of commercial and residential space with immediate cash flow. The commercial component is 100% occupied, The residential portion consists of student housing(34 Beds) and is near fully leased, with four units remaining available. Existing leases provide secured rental incom
premier mixed-use investment portfolio in the heart of Binghamton, consisting of 206-218 State Street. offering a strong blend of commercial and residential space with immediate cash flow. The commercial component is 100% occupied, The residential portion consists of student housing(34 Beds) and is near fully leased, with four units remaining available. Existing leases provide secured rental income through 2027, with several extending to 2028, offering investors long-term revenue. Adding to the property’s value is an unfinished upper floor where redevelopment has already begun, creating an outstanding opportunity to add additional income-producing space. The property also features impressive amenities, including Indoor basketball court and unfinished common area, Lower-level parking garage, Additional parking lot included at 218 state Street,Separate entrance on Prospect Street to residential space capable of accommodating up to 28 occupants, complete with two full kitchens.
  • Property type

    Apartment

  • Year built

    1970

  • Price/sqft

    $102

Features

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206 State St, Binghamton, NY 13901, New York, United States View on Google Maps
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Stephanie Edson

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Stephanie Edson
United States
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2026
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Greater Binghamton
Greater Binghamton
49 Court Street, Suite 300B, 13901-3274, Binghamton, United States
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Last updated
Today
First listed
Aug 11
Agent licence
#10401376973
Listing reference
2146919832038256
Listing status
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