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    Property profile & analytics

    124 State St Binghamton, NY 13901

    • Investment properties
    • 3,478 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Jan 06, 2021
    $516,000
    Location Intelligence
    Property ID
    US63-2109627
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Packing House Self Storage Binghamton NY / Storage Facility
    • Aqua Nightclub / Night Club / Lounge

    Property Details for 124 State St

    Year built
    1980
    Lot size
    0.05 lot acres
    Property size
    3,478 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    030200 160.41-1-28
    APU
    3020016041128

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $530,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $430,000
      Mixed-Use
      $430,000
      Hospitality
      $550,000
      Educational
      $395,000
      Residential Income
      $390,000
      Energy
      $500,000
      Income-Based Land
      $450,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9121
    Latitude
    42.0994
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $41,800
    $158,700
    $200,500
    -
    $66,349
    $251,905
    $318,254

    Comparable in this City

    • Value Estimation by Request
      7,120 SF

      53 Nowlan Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7,120 SF
      53 Nowlan Rd, Binghamton, NY 13901-1645
      View Details
    • Value Estimation by Request
      3,244 SF

      212 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,244 SF
      212 State St, Binghamton, NY 13901
      View Details
    • Value Estimation by Request
      25,280 SF

      206 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 25,280 SF
      206 State St, Binghamton, NY 13901-2712
      View Details
    • Value Estimation by Request
      7,820 SF

      118 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,820 SF
      118 Washington St, Binghamton, NY 13901-3112
      View Details
    • Value Estimation by Request
      5,980 SF

      146 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,980 SF
      146 Washington St, Binghamton, NY 13901-3107
      View Details
    • Value Estimation by Request
      7,560 SF

      116 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,560 SF
      116 Washington St, Binghamton, NY 13901-3131
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Industrial Property with Truck Docks

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      Premium Office Suites in Binghamton

      Class A office spaces in downtown Binghamton with free parking.
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    • Contact for pricing
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      Binghamton Industrial Space Available

      Large industrial space, flexible lease terms.
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      View Details
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    124 State St
    Binghamton, NY 13901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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