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For Sale

86 Oak

86 Oak St, Binghamton, NY 13905

86 Oak Street is located on Binghamton's West Side, one of the region's most established rental markets. The property is within walking distance of Downtown Binghamton and benefits from convenient access to public transportation, major employment centers, dining, entertainment, and neighborhood services. The surrounding area serves as a key housing hub for students attending nearby colleges and universities, with approximately 1,300 student beds located within the immediate vicinity. The combination of strong rental demand, walkability, and access to amenities has helped establish the neighborhood as a preferred location for both student and workforce housing.86 Oak Street presents an opportunity to acquire an 8-unit multifamily property in one of Binghamton's strongest rental corridors. The property currently consists of seven completed units totaling 17 beds, along with a framed-out basement unit that may offer the potential to increase the unit and bed count, subject to municipal approvals. The building is separately metered for electric and includes on-site laundry facilities and off-street parking. Positioned within walking distance of Downtown Binghamton and neighboring approximately 1,300 student beds, the property benefits from consistent demand drivers associated with the area's student housing market. Its proximity to bus routes, restaurants, retail, and entertainment venues supports continued tenant demand from both students and traditional renters. This offering presents a value-add opportunity through renovation, operational improvements, lease-up, and potential expansion of the existing unit count.

Key features

  • 17 existing beds across 7 completed units
  • 8-unit multifamily investment opportunity
  • Additional framed-out basement unit with potential upside, subject to approvals
  • Convenient access to student bus routes, restaurants, and retail amenities
  • Located adjacent to approximately 1,300 student beds
  • Off-street parking and on-site laundry facilities
  • Positioned in one of Binghamton's most active rental markets
  • Separate electric meters
  • Strong value-add opportunity through renovation and lease optimization
  • Walking distance to Downtown Binghamton
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Scott Warren, CCIM, CIREC

SVN | Innovative Commercial Advisors

Building Details

  • For Sale $520,000
  • Property Type Multi-Family
  • Property Size 5,778 SF
  • Units 7
  • Lot Size 0.12 Acre
  • Year Built 1970
  • Date Updated Jul 15, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (80)
  • Bike Score ®

    Very Bikeable (71)
Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905
  • Map
  • Street

Points of Interest

Sunoco

0.24 miles

Mirabito

0.64 miles

Gulf

1.01 miles

Citgo

1.66 miles

Tesla Supercharger

3.49 miles

Binghamton General Hospital Parking

0.71 miles

UHS Summit Building Parking

0.78 miles

UHS Parking

0.85 miles

Lot J

1.97 miles

Lot HSC2

2.01 miles

Lot J1

2.04 miles

Lot J2

2.07 miles

Rubber Ducky Car Wash

2.31 miles

Classy Chassy Car Wash

3.56 miles

Hoffman Car Wash

4.41 miles

Hertz

4.50 miles

Blue Beacon

4.50 miles

Enviro Auto Wash

5.36 miles

Jaw Car Wash

7.03 miles

Citrea

0.31 miles

Leroy Pizza & Subs

0.32 miles

Craft Bar + Kitchen

0.34 miles

Nirchi's Pizza

0.35 miles

Subway

0.35 miles

The Stone Fox

0.35 miles

Binghamton Hots

0.36 miles

Currys of India

0.37 miles

Courtside Bar and Grill

0.39 miles

A-1 Grocery & Halal Meat

0.59 miles

Plaza 5

0.60 miles

Weis

0.76 miles

Big Lots

1.02 miles

Price Chopper

1.12 miles

Walmart Supercenter

1.86 miles

Walmart

1.92 miles

NOOR Halal Food & More

1.99 miles

Dollar Depot

2.25 miles

Binghamton City Police Station

0.36 miles

Binghamton Police Department

0.43 miles

Guthrie Binghamton Pain Care

0.51 miles

Medicine Shoppe

0.60 miles

Walgreens

0.67 miles

Binghamton Central Fire Station

0.68 miles

Binghamton West Side Fire Station

0.75 miles

Binghamton Fire Station Number 7

0.75 miles

UHS Binghamton General Hospital

0.76 miles

86 Oak St Listing Summary

  • What is the asking price at 86 Oak?

    86 Oak is currently listed for sale at Contact for pricing.

  • What is the total size of 86 Oak?

    86 Oak has a total of 5,778 square feet.

  • What is the year built for 86 Oak?

    The year built for 86 Oak is 1970.

Contact Listing Broker
broker
Scott Warren, CCIM, CIREC

SVN | Innovative Commercial Advisors

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