7-Unit Apartment
For Sale
$520,000
86 Oak Street, Binghamton, NY 13905
Apartment property with an unfinished one-bedroom basement unit and off-street parking.
Property Size5,778 SF
Price / SF$89
Days on Market171
Property Features for 86 Oak Street
General Information
Standard status
Active
Size
5,778 SF
Property subtype
Residential Income / Apartment
Zoning
Multi Residential
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Asking Price
$699,990
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$11,476
Amenities
No, None
Baseboard, Yes
Carpet, Hardwood, Tile
GasWaterHeater
7
17
Basement
Building Details
Year Built
1970
Listing Agency:
Owner Entry.com
Listed By:
David White · License #10371201849
(617) 542-9300
Source:
Compass
Added: Mar 17
Changed: Sep 3
Last Checked: Sep 2 at 11:38PM
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 Owner Entry.com
Investment Insights
Based on property information with market context.
This 5,778-square-foot apartment building contains 7 functional units, along with a one-bedroom basement unit awaiting renovation. The property was built in 1970 and is being offered in as-is condition. R-3 zoning supports its multifamily configuration, while off-street parking adds a practical on-site feature.
The property has 51 feet of frontage and sits near downtown with access to major bus lines. Pro-forma operations reflect a 12.3% cap rate incorporating projected income from the additional basement unit. The existing apartment count, unfinished unit, and zoning provide a clear overview of the current configuration and planned improvement scope.
The property has 51 feet of frontage and sits near downtown with access to major bus lines. Pro-forma operations reflect a 12.3% cap rate incorporating projected income from the additional basement unit. The existing apartment count, unfinished unit, and zoning provide a clear overview of the current configuration and planned improvement scope.
Key Highlights
- 7 functional apartment units plus a one‑bedroom basement unit awaiting renovation
- 5,778‑square‑foot apartment building constructed in 1970
- R‑3 zoning
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,110
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with an unfinished one-bedroom basement unit and off-street parking.
Where is this apartment building located?
The property is located at 86 Oak Street Binghamton, NY.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: 7 functional apartment units plus a one‑bedroom basement unit awaiting renovation; 5,778‑square‑foot apartment building constructed in 1970; R‑3 zoning
