$3,000,000

Apartment Binghamton

  • 34 Beds
  • 29,230 Sqft
  • Updated: August 31
  • 1
  • 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) fully leased. Existing leases provide secured rental income through 2027, with leases extending to 2028, of
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) fully leased. Existing leases provide secured rental income through 2027, with leases 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.
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  • 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
August 31
First listed
August 11
Agent licence
#10401376973
Listing reference
2146919832038256
Listing status
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