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    Property profile & analytics

    126 Robinson St Binghamton, NY 13904

    • Investment properties
    • 3,888 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $155,000
    Last Sale
    Feb 03, 2020
    $150,000
    Location Intelligence
    Property ID
    US63-3156497
    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

    • Investment properties

    Property Details for 126 Robinson St

    Year built
    1960
    Lot size
    0.07 lot acres
    Property size
    3,888 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    030200 144.84-3-7
    APU
    302001448437

    Description

    This exceptional Binghamton, NY property presents a unique investment opportunity, combining commercial and residential spaces. Located directly across from a well-known Cortese Restaurant, this building boasts a high-visibility storefront ideal for a variety of businesses. The ground floor offers ample space for a commercial venture, ready for immediate occupancy. Above, two fully renovated apartments provide substantial rental income potential. Recent extensive renovations include new concrete siding, a new heating system, updated electrical panel, completely remodeled bathrooms and kitchen, new appliances, new windows, a new water heater and boiler, and new flooring throughout. The open floor plan enhances the functionality and appeal of both the commercial and residential units. A large parking lot provides convenient parking for tenants and customers. This property offers three income streams in one convenient package, making it an attractive investment with significant upside potential. The building's modern updates and prime location ensure strong tenant demand and long-term profitability. This is a turnkey operation ready for immediate income generation. Don't miss this chance to acquire a high-return investment property in a thriving Binghamton neighborhood.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $165,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $150,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $135,000
      Retail
      $170,000
      Mixed-Use
      $165,000
      Hospitality
      $125,000
      Educational
      $125,000
      Residential Income
      $135,000
      Energy
      $160,000
      Income-Based Land
      $125,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.8926
    Latitude
    42.1071
    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
    $44,600
    $25,300
    $69,900
    -
    $70,793
    $40,159
    $110,952

    Comparable in this City

    • Value Estimation by Request
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      View Details
    • Value Estimation by Request
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      41 Howard Ave

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      View Details
    • Value Estimation
      $280,000
      3,589 SF

      288 Robinson St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,589 SF
      288 Robinson St, Binghamton, NY 13904-1919
      View Details
    • Value Estimation
      $90,000
      2,760 SF

      191 Robinson St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,760 SF
      191 Robinson St, Binghamton, NY 13904-1641
      View Details
    • Value Estimation
      $120,000
      2,660 SF

      76 Broad Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,660 SF
      76 Broad Ave, Binghamton, NY 13904-1406
      View Details

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    126 Robinson St
    Binghamton, NY 13904
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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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