Five-Property Multifamily
For Sale
Contact for pricing
215 State St, Binghamton, NY 13901
Portfolio includes five downtown Binghamton buildings with R3 or Commercial zoning and walkable access to major transit and employers.
Property SizeContact for details
Days on Market119
Property Features for 215 State St
General Information
Standard status
Active
Property subtype
Multifamily, Mixed Use
Additional Details
Highway Access
Yes
Listing Agency:
SVN Innovative Commercial Advisors
(607) 621-0439
Listed By:
Scott Warren · License #10301220936
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 12:39PM
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 SVN Innovative Commercial Advisors
Investment Insights
Based on property information with market context.
The SPG Downtown Core Portfolio includes five properties strategically positioned in Downtown Binghamton: 215 State Street, 123 Court Street, 221 Washington Street, 60 Henry Street, and 40 Court Street. The portfolio is made up of apartment and mixed-use buildings offering operational flexibility with zoning identified as R3 or Commercial, supporting continued student housing use or potential mixed-use repositioning.
Each site is described as being within walking distance of SUNY Broome bus lines and public transportation, with proximity to Binghamton University’s downtown campus, Government Plaza, and Mirabito Stadium. The surrounding area is characterized by restaurants, entertainment, retail, and services that serve both students and professionals, and key employers such as UHS and Lourdes Hospital are also nearby.
With all five assets clustered in a central downtown footprint, the portfolio is presented as an in-place income offering supported by consistent occupancy, along with long-term appreciation potential tied to the area’s ongoing university and medical sector expansion and redevelopment of historic buildings into modern housing and commercial spaces.
Each site is described as being within walking distance of SUNY Broome bus lines and public transportation, with proximity to Binghamton University’s downtown campus, Government Plaza, and Mirabito Stadium. The surrounding area is characterized by restaurants, entertainment, retail, and services that serve both students and professionals, and key employers such as UHS and Lourdes Hospital are also nearby.
With all five assets clustered in a central downtown footprint, the portfolio is presented as an in-place income offering supported by consistent occupancy, along with long-term appreciation potential tied to the area’s ongoing university and medical sector expansion and redevelopment of historic buildings into modern housing and commercial spaces.
Key Highlights
- SPG Downtown Core Portfolio includes 5 properties in downtown Binghamton: 215 State St, 123 Court St, 221 Washington St, 60 Henry St, and 40 Court St.
- Portfolio is zoned R3 or Commercial, supporting continued student housing use or mixed‑use repositioning.
- All five sites are within walking distance of Binghamton University’s downtown campus and public transportation, including the SUNY bus line.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes five downtown Binghamton buildings with R3 or Commercial zoning and walkable access to major transit and employers.
Where is this apartment building located?
The property is located at 215 State St Binghamton, NY.
What are key features of this property?
This property features: SPG Downtown Core Portfolio includes 5 properties in downtown Binghamton: 215 State St, 123 Court St, 221 Washington St, 60 Henry St, and 40 Court St.; Portfolio is zoned R3 or Commercial, supporting continued student housing use or mixed‑use repositioning.; All five sites are within walking distance of Binghamton University’s downtown campus and public transportation, including the SUNY bus line.
