About this home

206-218 State Street presents a fully renovated, fully leased mixed-use investment opportunity in Downtown Binghamton, featuring 34 residential bedrooms, commercial rental space, and 18 off-street parking spaces. Signed leases through 2028 provide established income and contractual rent growth, with scheduled annual rental income increasing from $397,320 in 2026-2027 to $427,900 in 2027-2028. Located along State Street's Artists Row, the property benefits from proximity to restaurants, entertainment, downtown amenities, and university transportation. Extensive capital improvements, secured rental income, and dedicated parking support long-term investment appeal. The advertised $600,000 list price represents the OPENING BID ONLY and is NOT the property's actual list price or an indication of its market value.

Facts and features

Schools

• Binghamton High School

  high · 9-12 · 0.5 mi

  3

• Macarthur School

  elementary · K-5 · 1.2 mi

  4

• East Middle School

  middle · 6-8 · 1.5 mi

  4

• St John The Evangelist School

  elementary · K-6 · 0.8 mi

• Children's Unit-Treatment & Eval

  elementary · 0.8 mi

• Seton Catholic-Central High School

  middle · 7-12 · 0.9 mi

Price history

• Nov 3, 2026 · Relisted$600,000
• Oct 1, 2026 · Listing Removed—
• Aug 11, 2026 · Listed$3,000,000

Where it is