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Renovated Mixed-Use Property
For Sale
$600,000

206 State St, Binghamton, NY 13901

MultiFamily, Apartment, More than 4 Famiy, BINGHAMTON, NY

Property Size29,230 SF
Lot Size0.26 Acres
Price / SF$20.53
Days on Market88

Property Features for 206 State St

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning Com 1
Bedrooms 34
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 6, Bathroom 9, Bathroom 4, Bedroom 12, Bedroom 11, Bedroom 33, Bathroom 2, Bedroom 13, Bedroom 22, Bedroom 9, Bedroom 24, Bedroom 1, Bedroom 7, Bedroom 30, Bedroom 10, Bedroom 18, Bedroom 25, Bedroom 17, Bedroom 32, Bedroom 4, Bathroom 7, Bedroom 26, Bathroom 8, Bedroom 29, Bedroom 3, Bedroom 2, Bedroom 14, Bedroom 20, Bathroom 5, Bedroom 34, Bedroom 8, Bedroom 16, Bedroom 27, Bedroom 31, Bathroom 3, Bedroom 15, Bedroom 5, Bedroom 21, Bedroom 28, Bedroom 19, Bathroom 1, Bedroom 23, Bedroom 6
Parking features Garage
Lot features G E N E R A L L Y L E V E L
Elementary school MacArthur
Elementary school district Binghamton
Middle school district Binghamton
High school district Binghamton
Directions From traffic Circle take court St Exit, Turn right on to state ST, Building Is on the right.
Subdivision Area 03
Standard status Active
Size 29,230 SF
Lot size 0.26 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components residential, commercial

Utilities

Heating system Forced Air
Cooling system Wall/Window Unit(s)
Water source Public

Building Details

Year built 1970
Number of units 34
Flooring type Vinyl
Building materials Brick Veneer
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY GREATER BINGHAMTON
Listed By: Stephanie J Edson
Added: Aug 11 Changed: Nov 3 Last Checked: Nov 6 at 6:06AM
MLS# 337441

Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Renovated and fully leased, this mixed-use property contains 29,230 square feet across a 0.26-acre site. The residential component includes 34 bedrooms alongside commercial rental space. Eighteen off-street parking spaces serve the property, and signed leases extend through 2028. Building details include brick veneer construction, forced-air heating, and wall/window cooling units.

At 206 State Street in downtown Binghamton, the property is situated on the State Street corridor identified as Artists Row. Restaurants, entertainment, downtown amenities, and university transportation are nearby. The site is zoned Com 1.

Key Highlights

  • 29,230‑square‑foot mixed‑use property on a 0.26‑acre site
  • 34 residential bedrooms and commercial rental space
  • 18 off‑street parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Identity lgbtq Youth ... Community Center

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Veterinary Clinic Florist (Bike/Boat/Book/etc) Store Tanning Salon

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,168
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The leased building combines 34 residential bedrooms with commercial rental space and dedicated off-street parking.
Where is this mixed-use property located?
The property is located at 206 State St Binghamton, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 29,230‑square‑foot mixed‑use property on a 0.26‑acre site; 34 residential bedrooms and commercial rental space; 18 off‑street parking spaces
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