Brick Multifamily
For Sale
$149,900
219 State St, Binghamton, NY 13901
Four-story brick multifamily needs interior rebuild after roof leaks, with exterior walls reported in fine condition.
Property Size8,400 SF
Days on Market48
Property Features for 219 State St
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,901
Building Details
Building Size
8,400 SF
Year Built
1960
Stories
4
Listing Agency:
(315) 682-9500
Listed By:
Thomas K Elleman Jr
(315) 682-9500
Source:
Elliman
Added: Jul 4
Changed: Aug 11
Last Checked: Aug 19 at 8:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas K Elleman Jr
Investment Insights
Based on property information with market context.
This solid brick multifamily building includes four floors of space plus a basement. The property requires a complete interior gutting and an interior rebuild due to extensive damage from roof leaks, while the exterior walls are reported to be in fine condition. Some bathroom facilities remain intact.
The property is located in a great location near a university, where student rentals are common. The surrounding area also includes nearby buildings that have been converted into office/retail space and/or apartments.
For buyers and owner-operators, the building is best suited for an extensive renovation program given the need for full interior replacement. With the exterior walls described as serviceable and limited existing bathroom facilities still present, the renovation scope is centered on restoring and reconfiguring the interior across the four floors and basement. This makes it a practical consideration for investors or developers looking for a ground-up interior rebuild within an active student-rental market.
The property is located in a great location near a university, where student rentals are common. The surrounding area also includes nearby buildings that have been converted into office/retail space and/or apartments.
For buyers and owner-operators, the building is best suited for an extensive renovation program given the need for full interior replacement. With the exterior walls described as serviceable and limited existing bathroom facilities still present, the renovation scope is centered on restoring and reconfiguring the interior across the four floors and basement. This makes it a practical consideration for investors or developers looking for a ground-up interior rebuild within an active student-rental market.
Key Highlights
- 1960 solid brick four‑story multifamily with a basement
- Property reported to have roof leaks that caused extensive interior damage and require a complete interior gutting and rebuild
- Exterior walls reported to be in fine condition
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 13901, NY
20,548
Population
10,148
Households
2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
893
Density / Sq Mi
$54,165
Median Household Income
$36,897
Median Earnings
$806
Median Rent
$152,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Specialty property - Four-story brick multifamily needs interior rebuild after roof leaks, with exterior walls reported in fine condition.
Where is this specialty property located?
The property is located at 219 State St Binghamton, NY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1960 solid brick four‑story multifamily with a basement; Property reported to have roof leaks that caused extensive interior damage and require a complete interior gutting and rebuild; Exterior walls reported to be in fine condition
