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    136 Washington St Binghamton, NY 13901

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    For Sale
    Contact for pricing

    Leased student housing with ground-floor retail in downtown Binghamton.

    Property size:
    5,188 SF

    Property Features for 136 Washington St

    General Information

    Size
    5,188 SF

    Building Details

    Year built
    1965

    Source: Scott Warren, CCIM Agent Scott Warren, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Binghamton Mixed-Use Property

    Located in downtown Binghamton on Washington Street, this property features six fully leased student housing units above ground-floor retail space. The property is positioned to benefit from demand from Binghamton University's 18,000 students, most of whom live off-campus. The location on Washington Street, which has recently undergone beautification, provides access to SUNY bus lines and downtown dining, retail, and entertainment. The property is located across from establishments such as Strange Brew and Craft, and has a walk score of 88. The property is near approximately 1,300 student housing beds. The building contains 5,188 square feet and offers premium street-level retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    De Island Hut Caribbean Restaurant

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.912777
    Latitude
    42.0824201

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    FAQs

    What type of property is this?
    Apartment building - Leased student housing with ground-floor retail in downtown Binghamton.
    Where is this apartment building located?
    The property is located at 136 Washington St Binghamton, NY.
    What are key features of this property?
    This property features: - Six fully leased student housing units provide immediate income.; - Prime downtown location caters to Binghamton University's large off-campus student population.; - High Walk Score of 88 indicates exceptional walkability to amenities.
    (607) 621-0439
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    136 Washington St 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
    136 Washington St Binghamton, NY 13901
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