111 Oak Street, Binghamton, New York image 1
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111 Oak Street

Binghamton, NY 13905
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$900,000 $3,794/Mo
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Bed 18

Bed

Bath 0

Bath

SqFt8,640

Sqft

SqFt4,250

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $900,000

AD Id : 91519533

MLS Id : 338109

Beds : 18

Lot Size : 4,250 Sq. Ft

Living Area Size : 8,640 Sq. Ft

Tax Amount : $15,991

Year Built : 1965

County : Broome

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Feature Features

  • Bedroom Information

    Total beds: 18

    Room Information

    Has Basement: Yes

  • Flooring Information

    Hardwood, Tile, Vinyl

  • Interior Features

    Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1965 Construction Materials: Brick Patio And Porch Features: Porch, Covered Private Pool: No

  • Lot Information

    Lot Dimensions: 50 x 85 Main Square Feet: 4250 Square Feet Lot Description: Level

  • Listing Price Information

    Listing Price: $900000

  • Tax Information

    Parcel Number: 030200-160-039-0003-008-000-0000 Annual Tax: $15991

  • Parking Information

    None

  • School Information

    Elementary School: Horace Mann
    Junior High School:
    Senior High School:

  • Utility Information

    Cable Available

  • Location Information

    Direction: Use Main Street, turn right onto Oak Street, property is on your left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7 Johnson Rd Rd, Binghamton, NY, 13905 $238,000 3 2 1,810 0.21 Acre
27 Rosedale Drive, Binghamton, NY, 13905 $195,000 3 1 1,144 0.11 Acre
5 Leroy Street, Binghamton, NY, 13905 $699,000 10 -- 5,415 0.12 Acre
5 Riverside Drive #509, Binghamton, NY, 13905 $200,000 2 2 1,275 --
5 Riverside Drive #711, Binghamton, NY, 13905 $195,000 2 2 1,270 --
15 Conti Court, Binghamton, NY, 13905 $479,400 3 3 2,386 0.37 Acre
12 Florence Avenue, Binghamton, NY, 13905 $185,000 3 1 1,538 0.17 Acre
4 Oak Street #11, Binghamton, NY, 13905 $235,000 2 3 1,650 3.97 Acres
19 Clinton Street, Binghamton, NY, 13905 $119,000 2 -- 0 0.19 Acre
41 S Morningside Dr Dr, Binghamton, NY, 13905 $190,000 2 2 1,960 0.35 Acre

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Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.

ByOwner last updated this listing 10/06/2026 @ 01:21

MLS: 338109 LISTED BY: Vincent Lucenti, INNOVATIVE COMMERCIAL ADVISORS 607-203-1826 SOURCE: Greater Binghamton Association of REALTORS

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