99 Oak Street

Binghamton, NY 13905

$3,250,000
Price
38
Beds
25
Baths
23,654 Sq. Ft.
$137 / Sq. Ft.
23,654
Sq. Ft.
$137
per Sq. Ft.

Description

This fully renovated, turnkey student housing complex in the heart of Binghamton, NY is now available for sale. Perfectly positioned to leverage the robust student housing market, the property sits on Oak Street just south of Main Street, within walking distance of the Court Street Bridge and all of Downtown Binghamton’s top restaurants, clubs, shops, and amenities. With a walkability score of 80, it provides unbeatable access to everything students' desire. The 24-unit, 40-bed complex has undergone...This fully renovated, turnkey student housing complex in the heart of Binghamton, NY is now available for sale. Perfectly positioned to leverage the robust student housing market, the property sits on Oak Street just south of Main Street, within walking distance of the Court Street Bridge and all of Downtown Binghamton’s top restaurants, clubs, shops, and amenities. With a walkability score of 80, it provides unbeatable access to everything students' desire. The 24-unit, 40-bed complex has undergone extensive renovations totaling $890,960, showcasing beautiful high-end finishes and modern design throughout. A rare opportunity to invest in a property that stands out with its quality and appeal in an area with consistently high rental demand.
  1. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 99 Oak Street

Architectural Style
MultiFamily
Zoning
Neighborhood Office
LISTING UPDATED: 10/16/2024 06:45 PM

Property Details for 99 Oak Street

StatusActive
MLS #327786
Days on Market35
Taxes$22,378 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1970
CountyBroome County

Building Information for 99 Oak Street

Building/Complex99 Oak StFloor-Stories-Residences25Pet Policy-Year Built1970Building Size-

Property Information for 99 Oak Street

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: South of Main St.
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13905
  • Zoning Description: Neighborhood Office
Taxes and HOA Information
  • Parcel Number: 030200-160-039-0003-041-000-0000
  • Tax Annual Amount: $22,378.00
  • Tax Assessed Value: $365,079.00
  • Tax Book Number: 160.39-3-41
School Information
  • Elementary School: Horace Mann
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: OnStreet
Property
Lot Information
  • Above Grade Finished Area: 23654.0
  • Living Area: 23654.0
  • Lot Features: Level
  • Lot Size Dimensions: 64 ft x 171 ft
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1970
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: BrickVeneer
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: No
  • Cooling: None
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Baseboard
  • Heating: Yes
  • Bathrooms Full: 25
  • Bedrooms Total: 38
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: Yes
Room 3
  • HumanModified: Yes
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: Yes
Room 6
  • HumanModified: Yes
Room 7
  • HumanModified: Yes
Room 8
  • HumanModified: Yes
Room 9
  • HumanModified: Yes
Room 10
  • HumanModified: Yes
Room 11
  • HumanModified: Yes
Room 12
  • HumanModified: Yes
Room 13
  • HumanModified: Yes
Room 14
  • HumanModified: Yes
Room 15
  • HumanModified: Yes
Room 16
  • HumanModified: Yes
Room 17
  • HumanModified: Yes
Room 18
  • HumanModified: Yes
Room 19
  • HumanModified: Yes
Room 20
  • HumanModified: Yes
Room 21
  • HumanModified: Yes
Room 22
  • HumanModified: Yes
Room 23
  • HumanModified: Yes
Room 24
  • HumanModified: Yes
Room 25
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 25
Income & Expenses Information
  • Fuel Expense: $19,300.00
  • Insurance Expense: $5,350.00
  • Electric Expense: $19,300.00
Unit 1
  • Actual Rent: $4,200.00
  • Baths Total: 1
  • Beds Total: 6
  • Total Rent: $4,200.00
Unit 2
  • Actual Rent: $1,000.00
  • Baths Total: 1
  • Beds Total: 0
  • Total Rent: $1,000.00
Unit 3
  • Actual Rent: $1,200.00
  • Baths Total: 1
  • Beds Total: 0
  • Total Rent: $1,200.00
Unit 4
  • Actual Rent: $1,100.00
  • Baths Total: 2
  • Beds Total: 1
  • Total Rent: $1,100.00
Unit 5
  • Actual Rent: $1,400.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,400.00
Unit 6
  • Actual Rent: $850.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $850.00
Unit 7
  • Actual Rent: $500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $500.00
Unit 8
  • Actual Rent: $900.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $900.00
Unit 9
  • Actual Rent: $1,400.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,400.00
Unit 10
  • Actual Rent: $1,050.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,050.00
Unit 11
  • Actual Rent: $1,500.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,500.00
Unit 12
  • Actual Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,100.00
Unit 13
  • Actual Rent: $1,500.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,500.00
Unit 14
  • Actual Rent: $1,050.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,050.00
Unit 15
  • Actual Rent: $1,400.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,400.00
Unit 16
  • Actual Rent: $1,000.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,000.00
Unit 17
  • Actual Rent: $1,200.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,200.00
Unit 18
  • Actual Rent: $1,050.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,050.00
Unit 19
  • Actual Rent: $1,450.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,450.00
Unit 20
  • Actual Rent: $1,000.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,000.00
Unit 21
  • Actual Rent: $1,500.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,500.00
Unit 22
  • Actual Rent: $1,000.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,000.00
Unit 23
  • Actual Rent: $1,400.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,400.00
Unit 24
  • Actual Rent: $1,000.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,000.00
Unit 25
  • Actual Rent: $1,400.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,400.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 99 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 99 Oak Street

Taxable ValueLand$20,800Additions$209,200Total$230,000
Home Facts
Total Finished SqFt23,654 SqFtAbove Grade Finished SqFt23,654 SqFtUnfinished Basement SqFt4,024 SqFtStories6Lot Size10,944 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyBROOMEAPN030200 160.39-3-41

Schools near 99 Oak Street

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Horace Mann School
PublicPK to 5

West Middle School
Public6 to 8

Binghamton High School
Public9 to 12

Seton Catholic-Central High School
Private7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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99 Oak Street is a multi-family home for sale in Binghamton, NY 13905. This property was listed for sale on October 16, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $3,250,000. It has been on the market for a total of 35 days and was last sold on April 5, 2022. This listing's school district is Binghamton City School District. Nearby schools include Horace Mann School, West Middle School and Binghamton High School. 99 Oak Street is a 38-bed, 25-bath, 23,654 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.