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    20 W State St Binghamton, NY 13901

    For Sale
    $749,000

    Business - Binghamton, NY

    Type:Business
    Property size:
    4,872 SF
    Days on Market:
    262
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 20 W State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Size
    4,872 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    1960
    Building materials
    Brick
    Architectural style
    Other

    E REALTY INTERNATIONAL CORP. (718) 886-8110 [email protected]

    Listing agent Hong Qing Lin (718) 886-8110 License #10401287241

    Listing date Mar 28, 2025

    MLS# 841594 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Binghamton Laundromat Business and Building

    A laundromat business and building are available for purchase in Binghamton, NY, situated near the Greyhound bus terminal and Port Authority Bus Terminal. The property is approximately an 8-minute drive from Binghamton University. The building, with an approximate size of 4872 square feet, is located on a large lot measuring 75 x 285 square feet. The laundromat is equipped with 38 washing machines and 34 dryer machines, and it offers ample parking. The business generates approximately $20,000 monthly.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Martin Brothers-A Fabricare Dry Cleaner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Just breath cannabis dispensary, Woodfern Florist

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9051425
    Latitude
    42.1087057

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    FAQs

    What type of property is this?
    Storefront property - Laundromat business and building for sale in Binghamton, NY.
    Where is this storefront property located?
    The property is located at 20 W State St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Established laundromat business with monthly revenue of approximately $20,000.; - Large building size of approximately 4872 sq ft on a 75 x 285 sq ft lot.; - Includes **38 washing machines and 34 dryer machines**.
    (718) 886-8110
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    20 W State St Binghamton, NY 13901
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    Binghamton, NY 13901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 W State St Binghamton, NY 13901
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