111 Oak St

111 Oak St, Binghamton, NY 13905

  • For Sale $799,000
  • Property Type Multi-Family
  • Property Size 8,640 SF
  • Units 12
  • Lot Size 0.1 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Nov 4, 2024
Downtown Binghamton is known to be a thriving area of Student Housing. Neighboring approximately 1,300 Student beds this is a prime strategic location to benefit from this thriving market. Just one building from Main St and one block from the Court St Bridge this is walking distance to all of Downtown Binghamton's Restaurants, shops and amenities. This location has a very walkable score of 85. This is a rare R-3 zoning opportunity in a market with a high barrier to entry.Presenting a rare and unique opportunity to own this solid Brick 12 unit, 18 Bed complex in Binghamton, NY. Downtown Binghamton is known to be a thriving area of Student Housing. Neighboring approximately 1,300 Student beds this is a prime strategic location to benefit from this thriving market. Just one building from Main St and one block from the Court St Bridge this is walking distance to all of Downtown Binghamton's Restaurants, shops and amenities. This location has a very walkable score of 85. This is a rare R-3 zoning opportunity in a market with a high barrier to entry. This is currently leased to families with significant potential to convert to Student housing. This building is priced to sell with existing positive cash flow and significant value add potential. All rents are below market.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Zoned for student housing (R-3)
  • 1 Block To Downtown
  • 18 Bedrooms
  • Great Cash Flow
  • Massive Upside Potential

Contacts

broker

Matthew Karlgut

SVN | Innovative Commercial Advisors

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable

  • Bike Score ®

    75/100 Very Bikeable
Powered by Walk Score ®
  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Speedway

    0.08 miles

  • Sunoco

    0.17 miles

  • Mirabito

    0.81 miles

  • Gulf

    0.88 miles

  • Citgo

    1.66 miles

  • Tesla Supercharger

    3.30 miles

  • Lot UDC

    0.37 miles

  • Binghamton General Hospital Parking

    0.88 miles

  • UHS Summit Building Parking

    0.94 miles

  • UHS Parking

    1.02 miles

  • Lot HSC2

    1.93 miles

  • Lot J

    2.02 miles

  • Lot HSC1

    2.03 miles

  • Lot J1

    2.09 miles

  • Holiday Inn Binghamton Downtown

    0.30 miles

  • DoubleTree

    0.32 miles

  • The Grand Royale Hotel

    0.43 miles

  • Red Roof Inn Binghamton North

    1.80 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    1.86 miles

  • Econo Lodge

    1.87 miles

  • Residence Inn

    1.95 miles

  • Fairfield Inn Marriott

    2.27 miles

  • Quality Inn & Suites

    2.79 miles

  • Comfort Inn

    3.04 miles

  • Citrea

    0.24 miles

  • Nirchi's Pizza

    0.29 miles

  • River Bistro

    0.30 miles

  • Subway

    0.31 miles

  • Craft Bar + Kitchen

    0.32 miles

  • Currys of India

    0.33 miles

  • Binghamton Hots

    0.36 miles

  • Courtside Bar and Grill

    0.36 miles

  • The Stone Fox

    0.37 miles

  • Iron Agave

    0.37 miles

  • Roberson Memorial Center

    0.20 miles

  • Binghamton University Downtown Center

    0.36 miles

  • Seton Catholic Central High School

    0.45 miles

  • Daniel S Dickinson School

    0.51 miles

  • Horace Mann Elementary School

    0.54 miles

  • Chester B Lord School for Handicapped Children

    0.64 miles

  • Saint Mary's School

    0.78 miles

  • Saint Johns Parochial School

    0.82 miles

  • Christopher Columbus Public School

    0.85 miles

  • MacArthur School

    0.86 miles

  • Lourdes Childcare Center

    1.00 miles

  • ABC Child Care & Learning Center

    5.27 miles

  • Tutor Time

    6.22 miles

  • First Presbyerian Nursery School

    6.45 miles

Frequently Asked Questions

How much does 111 Oak St cost?

The space currently listed for sale at 111 Oak St asks for $799,000.

What is the total square footage of 111 Oak St?

111 Oak St totals 8,640 square feet.

When was this property built?

111 Oak St was built in 1965.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Matthew Karlgut

SVN | Innovative Commercial Advisors