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Brick Apartment Building
For Sale
Contact for pricing
Pending

111 Oak St, Binghamton, NY 13905

Twelve-unit multifamily property with R-3 zoning and an existing family-tenant profile.

Property SizeContact for details
Days on Market142

Property Features for 111 Oak St

General Information

Standard status Pending
Property subtype Multifamily
Zoning R-3

Additional Details

Multifamily Units 12

Building Details

Construction Brick
Listing Agency: Elegant Estates
Listed By: Matthew Karlgut · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:25AM

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 Elegant Estates

Investment Insights

Based on property information with market context.

This brick apartment property in Binghamton contains 12 units and 18 beds. The building is currently leased to families and carries R-3 zoning, with the existing configuration offering a documented residential income use. The property also has been identified as adaptable for student housing.

The asset is positioned in downtown Binghamton, one building from Main St and one block from the Court St Bridge. Restaurants, shops, and other downtown amenities are within walking distance, and the location has a walkability score of 85. Approximately 1,300 student beds are located nearby, placing the property within an established student-housing environment.

Key Highlights

  • 12‑unit apartment building with 18 beds
  • Brick construction with R‑3 zoning
  • Currently leased to families

Property Analytics

Current Use

Neogene Llc Real Estate Agency

Suggested Use

Top Pick HVAC Service Electrical Service Furniture & Home Goods Daycare Center Carpet & Flooring Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,075
Businesses Nearby

Demographics for 13905, NY

27,672
Population
13,774
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
28.2 sq mi
ZIP Area
981
Density / Sq Mi
$53,757
Median Household Income
$30,359
Median Earnings
$993
Median Rent
$137,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve-unit multifamily property with R-3 zoning and an existing family-tenant profile.
Where is this apartment building located?
The property is located at 111 Oak St Binghamton, NY.
What are key features of this property?
This property features: 12‑unit apartment building with 18 beds; Brick construction with R‑3 zoning; Currently leased to families
(607) 621-0439 Call to check price and availability
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