206 State St, Binghamton, NY 13901

Local realty services provided by:CENTURY 21 Jackson Real Estate
206 State St,Binghamton, NY 13901
$3,000,000
  • 34 Beds
  • 9 Baths
  • 29,230 sq. ft.
  • Multi-family
  • Active
Listed by: stephanie j edson
Office: keller williams realty greater binghamton
MLS#:337441
Source:NY_GBAR

Price summary

  • Price:$3,000,000
  • Price per sq. ft.:$102.63

About this home

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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Home facts

  • Year built:1970
  • Listing ID #:337441
  • Added:1 day(s) ago
  • Updated:August 12, 2026 at 06:03 PM

Rooms and interior

  • Bedrooms:34
  • Total bathrooms:9
  • Full bathrooms:9
  • Flooring:Vinyl
  • Living area:29,230 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Forced Air

Structure and exterior

  • Year built:1970
  • Building area:29,230 sq. ft.
  • Lot Features:Level
  • Architectural Style:MultiFamily
  • Construction Materials:Brick Veneer
  • Foundation Description:Concrete Perimeter

Schools

  • Elementary school:MacArthur

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,000,000
  • Price per sq. ft.:$102.63
  • Tax amount:$21,344

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Basement, Garage
  • Garage:Yes
  • Garage spaces:1