Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    201 Robinson St Binghamton, NY 13904-1652
    Back to Search
    Property profile & analytics

    201 Robinson St, Binghamton, NY 13904-1652

    View on Map
    • Investment properties
    • 4,587 SF
    • 0.19 lot acres
    Off-Market
    Last Sale May 2, 2025
    $130,000
    Property ID
    US63-0334087
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jeffrey N Feinberg Realty / Real Estate Agency

    Property Details for 201 Robinson St

    Year built
    1960
    Lot size
    0.19 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    030200 145.78-1-11
    APU
    3020014578111

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2025 $130,000 201 Robinson LLC Frm Properties LLC Bargain & Sale Deed —
    Jan 30, 2025 — Frm Properties LLC Jeffrey N Feinberg Warranty Deed —
    — — Clusters Of Vestal INC — Deed Of Trust · related $1.3M · M&t Bk
    — — Feinberg-harris Properties LLC — Deed Of Trust · related $1.5M · M&t Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.8851
    Latitude
    42.1081
    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
    $35,000
    $49,700
    $84,700
    -
    $55,555
    $78,889
    $134,444

    Comparable in this City

    • Value Estimation by Request
      6,552 SF

      197 Robinson St

      STORE/OFFICE (MIXED USE)
      197 Robinson St, Binghamton, NY 13904-1641
      View Details
    • Value Estimation by Request
      2,640 SF

      193 Robinson St

      STORE/OFFICE (MIXED USE)
      193 Robinson St, Binghamton, NY 13904-1641
      View Details
    • Value Estimation by Request
      861 SF

      227 Robinson St

      STORE/OFFICE (MIXED USE)
      227 Robinson St, Binghamton, NY 13904-1645
      View Details
    • Value Estimation
      $1,125,000
      13,489 SF

      278 Robinson St

      STORE/OFFICE (MIXED USE)
      278 Robinson St, Binghamton, NY 13904
      View Details
    • Value Estimation
      $600,000
      36,190 SF

      73 Griswold St

      STORE/OFFICE (MIXED USE)
      73 Griswold St, Binghamton, NY 13904-1273
      View Details
    • Value Estimation by Request
      2,960 SF

      483 Ct St

      STORE/OFFICE (MIXED USE)
      483 Ct St, Binghamton, NY 13904-1736
      View Details

    Similar Nearby for Sale

    • $350,000
      118.60 Acres

      BINGHAMTON Land with Nordic Cabin

      118+ acres with cabin, pond, trails near Binghamton.
      270 Ouaquaga Rd, Binghamton, NY 13904
      View Details
    • Contact for pricing
      12,362 SF

      Binghamton Warehouse with Office Space

      14,476 SF building with warehouse and office space for sale.
      29 Alice St, Binghamton, NY 13904
      View Details
    • $470,000
      2,856 SF

      Kirkwood Multifamily Investment Opportunity

      Three units in two buildings on one deed!
      36 Acre Pl, Kirkwood, NY 13904
      View Details
    • Contact for pricing
      87,715 SF

      Industrial Facility with Dock & Doors

      Dock-access industrial and retail/office space with conveyor-equipped operations and 13–15-foot ceilings.
      325 Court St, Binghamton, NY 13904
      View Details
    • Contact for pricing
      87,715 SF

      Versatile Industrial Facility with Housing

      Industrial facility with retail, office, and residential income potential.
      3-5 Griswold St, Binghamton, NY 13904
      View Details
    • New
      $94,900
      3,005 SF

      Three-Unit Residential Income Property

      Three-unit property with three bathrooms sold as-is with tenants, including one vacant unit ready for immediate occupancy.
      164 Broad Ave, Binghamton, NY 13904
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr

      Industrial Space Near Major Highways

      Industrial space with excellent access to major highways and markets.
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details
    • Contact for pricing

      Binghamton Flex Space For Rent

      Flex space available near Kirkwood Industrial and Broome Corporate Parks.
      63 Barlow Rd, Binghamton, NY 13904
      View Details
    • Contact for pricing

      Commercial Land For Lease

      0.73 acres of land available for ground lease.
      570 Court St, Binghamton, NY 13904
      View Details
    • $8 SF/Yr
      11,835 SF

      Kirkwood Industrial Park Truck Terminal

      11,835 SF truck terminal with immediate interstate access.
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details
    • $8 SF/Yr
      11,835 SF

      Binghamton Cross-Dock Truck Terminal

      11,835 SF Industrial Space, I-81 Access
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Robinson St
    Binghamton, NY 13904-1652
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    201 Robinson St, Binghamton, NY, 13904
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!