111 Oak Street – a fully renovated brick 12-unit multifamily asset in one of Binghamton's strongest student housing corridors. Six 2BR and six 1BR units, zoned R3 for student or long-term rentals. All units renovated; right wing completely remodeled, with main beams in the basement replaced and a new fire escape installed out back. Photos coming soon. Currently fully vacant except one tenant, offering full lease-up control at market rents from day one. Pro forma projects NOI of $83,834 at a 9.31% cap rate with a 32% year-one cash-on-cash return; rent assumptions are conservative. Just off Main Street, a block from the Front Street Bridge, walkable to the SUNY bus line and downtown restaurants, nightlife, and amenities — ideal for student and workforce tenants.
For sale
Price increase: $50K (7/27)
$900,000
111 Oak St, Binghamton, NY 13905
18beds
--baths
8,640sqft
Multi Family, Apartment
Built in 1965
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Right wing completely remodeled
- 27 days
- 333
- 19
Zillow last checked:
Listing updated:
Listed by:
INNOVATIVE COMMERCIAL ADVISORS 607-203-1826,
Vincent Lucenti
Source: GBMLS,MLS#: 338109
Originating MLS: Greater Binghamton Association of REALTORS
Originating MLS: Greater Binghamton Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile, Vinyl
Interior area
- Total interior livable area: 8,640 sqft
- Finished area above ground: 8,640
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 4,250 Square Feet
- Dimensions: 50 x 85
- Features: Level
Details
- Parcel number: 03020016003900030080000000
- Zoning: R3
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Basement
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $160,000
- Annual tax amount: $15,991
- Date on market: 9/25/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
- Total actual rent: 144000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $900,000+5.9%$104/sqft |
Source:  GBMLS #336751 Report a problem | ||
| 4/26/2026 | Price change | $850,000+13.3%$98/sqft |
Source: GBMLS #335430 Report a problem | ||
| 1/9/2026 | Pending sale | $750,000$87/sqft |
Source: GBMLS #334035 Report a problem | ||
| 12/11/2025 | Listed for sale | $750,000+41.5%$87/sqft |
Source: GBMLS #334035 Report a problem | ||
| 9/26/2025 | Sold | $530,000-11.5%$61/sqft |
Source: GBMLS #331438 Report a problem | ||
| 7/1/2025 | Contingent | $599,000$69/sqft |
Source: GBMLS #331438 Report a problem | ||
| 6/26/2025 | Pending sale | $599,000$69/sqft |
Source: GBMLS #331438 Report a problem | ||
| 6/5/2025 | Price change | $599,000-14.3%$69/sqft |
Source: GBMLS #331438 Report a problem | ||
| 1/6/2025 | Price change | $699,000-11.4%$81/sqft |
Source: GBMLS #329602 Report a problem | ||
| 9/20/2024 | Price change | $789,000-1.3%$91/sqft |
Source: GBMLS #325663 Report a problem | ||
| 8/31/2024 | Price change | $799,000-5.4%$92/sqft |
Source: GBMLS #325663 Report a problem | ||
| 8/19/2024 | Price change | $845,000-0.5%$98/sqft |
Source: GBMLS #325663 Report a problem | ||
| 8/16/2024 | Price change | $849,000-0.1%$98/sqft |
Source: GBMLS #325663 Report a problem | ||
| 7/9/2024 | Pending sale | $850,000$98/sqft |
Source: GBMLS #325663 Report a problem | ||
| 5/21/2024 | Price change | $850,000-5.6%$98/sqft |
Source: GBMLS #325663 Report a problem | ||
| 4/1/2024 | Price change | $900,000-4.8%$104/sqft |
Source: GBMLS #324292 Report a problem | ||
| 3/2/2024 | Price change | $945,000-3.1%$109/sqft |
Source: GBMLS #324292 Report a problem | ||
| 1/22/2024 | Listed for sale | $975,000+30.2%$113/sqft |
Source: GBMLS #324292 Report a problem | ||
| 6/9/2020 | Listing removed | $650 |
Source: WARREN REAL ESTATE OF GREATER BINGHAMTON #300599 Report a problem | ||
| 4/8/2020 | Price change | $650+18.2% |
Source: WARREN REAL ESTATE OF GREATER BINGHAMTON #300599 Report a problem | ||
| 1/27/2020 | Listed for rent | $550 |
Source: WARREN REAL ESTATE OF GREATER BINGHAMTON #300599 Report a problem | ||
| 1/29/2019 | Listed for sale | $749,000+225.7%$87/sqft |
Source: WARREN REAL ESTATE OF GREATER BINGHAMTON #218547 Report a problem | ||
| 7/8/2014 | Sold | $230,000$27/sqft |
Source: GBMLS #185746 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 13905
Nearby schools
Schools provided by the listing agent
- Elementary: Horace Mann
- District: Binghamton
Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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