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.
For sale
$600,000
206 State St, Binghamton, NY 13901
34beds
--baths
29,230sqft
Multi Family, Apartment
Built in 1970
-- sqft lot
$-- Zestimate®
$21/sqft
$-- HOA
What's special
Fully renovatedDedicated parking
- 6 days
- 349
- 21
Zillow last checked:
Listing updated:
Listed by:
KELLER WILLIAMS REALTY GREATER BINGHAMTON 607-722-0722,
Stephanie J Edson,
Scott Warren,
INNOVATIVE COMMERCIAL ADVISORS
Source: GBMLS,MLS#: 337441
Originating MLS: Greater Binghamton Association of REALTORS
Originating MLS: Greater Binghamton Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 34
- Full bathrooms: 9
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Vinyl
Interior area
- Total interior livable area: 29,230 sqft
- Finished area above ground: 29,230
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Basement, Garage, Other, See Remarks
- Attached garage spaces: 1
Features
- Exterior features: Other
Lot
- Size: 0.26 Acres
- Dimensions: 79 x 146
- Features: Level
Details
- Parcel number: 03020016033222
- Zoning: Com 1
- Zoning description: Com 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Family
- Property subtype: Multi Family, Apartment
Materials
- Brick Veneer
- Foundation: Concrete Perimeter
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $21/sqft
- Tax assessed value: $205,500
- Annual tax amount: $21,343
- Date on market: 8/11/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Listed for sale | $600,000-80%$21/sqft |
Source:  GBMLS #337441 Report a problem | ||
| 9/30/2026 | Listing removed | $3,000,000$103/sqft |
Source: GBMLS #337441 Report a problem | ||
| 8/11/2026 | Listed for sale | $3,000,000$103/sqft |
Source: GBMLS #337441 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $150,000 |
| 2024 | -- | $150,000 |
| 2023 | -- | $150,000 |
| 2022 | -- | $150,000 |
| 2021 | -- | $150,000 |
| 2020 | -- | $150,000 |
| 2019 | -- | $150,000 |
| 2018 | -- | $150,000 |
| 2017 | $13,875 +36.4% | $150,000 |
| 2016 | $10,172 | $150,000 |
| 2015 | $10,172 | $150,000 |
| 2014 | $10,172 | $150,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 13901
Nearby schools
Schools provided by the listing agent
- Elementary: MacArthur
- District: Binghamton
Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
