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  1. Commercial Properties
  2. NY
  3. Binghamton

99 Oak St

For Sale

99 Oak St, Binghamton, NY 13905

99 Oak Street is located on Binghamton’s West Side, within walking distance of Downtown Binghamton, the Court Street Bridge, restaurants, entertainment, retail services, and public transportation. The surrounding neighborhood contains a significant concentration of student-oriented rental housing and provides convenient access to Downtown amenities and transportation serving Binghamton University. The property’s Walk Score of 80 supports a walkable residential environment, while nearby transit routes provide connectivity to the university’s main campus and other major educational and employment destinations.99 Oak Street is a fully renovated, 24-unit, 40-bed student housing investment located on Binghamton’s West Side. Approximately $890,960 has been invested in property improvements, including modernized apartments, upgraded common areas, and enhancements designed to improve functionality, appearance, and tenant appeal. The offering provides investors with immediate income, operational scale, and reduced near-term capital requirements. Qualified buyers may also have the opportunity to assume approximately $2.01 million in fixed-rate, non-recourse financing maturing in June 2033. The property is positioned within Binghamton’s established student rental market, with access to Downtown Binghamton, public transportation, dining, retail, and the Court Street Bridge.

Key features

  • $246,206 Reported NOI
  • 24 Units 40 Beds
  • 6.68% Fixed Interest Rate Through June 2033
  • 8.64% Cap Rate
  • Access to Downtown Binghamton and Public Transportation
  • Approximately $890,960 in Capital Improvements
  • Fully Renovated Student Housing Asset
  • Modernized Interiors and Upgraded Common Areas
  • Potential Assumable $2.01M Non-Recourse Loan
  • Walk Score of 80

Building Details

  • For Sale $2,850,000
  • Property Type Multi-Family
  • Property Size 23,654 SF
  • Units 24
  • Lot Size 0.25 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1970
  • Date Updated Oct 15, 2026
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Contacts

broker
Scott Warren, CCIM, CIREC

SVN | Innovative Commercial Advisors

Location

  • City Binghamton, NY
  • Zip Code 13905
  • Map
  • Street
  • Walk score 80/100 Very Walkable
  • Bike score 75/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Speedway

0.11 miles

Sunoco

0.18 miles

Mirabito

0.72 miles

Gulf

0.97 miles

Citgo

1.68 miles

Tesla Supercharger

3.42 miles

Lot UDC

0.32 miles

Binghamton General Hospital Parking

0.78 miles

UHS Summit Building Parking

0.85 miles

UHS Parking

0.93 miles

Lot HSC2

1.96 miles

Lot J

1.97 miles

Lot J1

2.03 miles

Lot HSC1

2.05 miles

Southside Carwash

0.57 miles

Rubber Ducky Car Wash

2.30 miles

Classy Chassy Car Wash

3.50 miles

Hoffman Car Wash

4.34 miles

Hertz

4.49 miles

Blue Beacon

4.51 miles

Enviro Auto Wash

5.34 miles

Jaw Car Wash

7.01 miles

Citrea

0.29 miles

The Beef

0.32 miles

Nirchi's Pizza

0.34 miles

Leroy Pizza & Subs

0.34 miles

Craft Bar + Kitchen

0.34 miles

Subway

0.34 miles

Currys of India

0.36 miles

Binghamton Hots

0.37 miles

The Stone Fox

0.37 miles

River Bistro

0.39 miles

Boscov's

0.31 miles

A-1 Grocery & Halal Meat

0.53 miles

Plaza 5

0.67 miles

Weis

0.84 miles

Big Lots

0.95 miles

Price Chopper

1.06 miles

Walmart Supercenter

1.80 miles

Walmart

1.86 miles

NOOR Halal Food & More

1.94 miles

Dollar Depot

2.20 miles

CVS Pharmacy

0.14 miles

Binghamton City Police Station

0.38 miles

Binghamton Police Department

0.46 miles

Guthrie Binghamton Pain Care

0.58 miles

Medicine Shoppe

0.67 miles

Binghamton Fire Station Number 7

0.68 miles

Binghamton Central Fire Station

0.68 miles

Binghamton West Side Fire Station

0.69 miles

Walgreens

0.75 miles

Guthrie Binghamton Mental Health

0.77 miles

Listing Summary

  • Property Financials

    99 Oak St is currently listed for sale at $2,850,000 for a price per square foot of $120.49.

  • Property Details

    99 Oak St totals 23,654 square feet of Multi-Family space on a lot spanning 0.25 acres. The property was initially built in 1970.

    Based on its location, amenities, and finishes, the property is listed as class C.

    Tenancy at 99 Oak St is listed as Multi-Tenant, comprising a total of 24 units.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 80, indicating that it is very walkable.

Contact Scott Warren, CCIM, CIREC
broker
Scott Warren, CCIM, CIREC

SVN | Innovative Commercial Advisors

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