Active
209 State Street
BINGHAMTON NY, 13901
$1,298,000
Active
Commercial
Built in 1960
Nestled in the heart of Binghamton's vibrant Arts District, 209 State St offers a rare opportunity for developers and investors. This 12,000 sq ft building boasts city-approved plans for a mixed-use development, featuring 11 residential units totaling 25 bedrooms, 10 artist workspaces, and a versatile storefront suitable for retail or other commercial ventures.
The city has greenlit the proposed plans, and all necessary paperwork has been submitted to secure a generous 50% tax credit on construction costs. Designed with the thriving student housing market in mind, the layout and amenities are perfectly suited to attract and accommodate students. For those eager to explore this promising investment, detailed plans are readily available upon request. Whether you're a developer, investor, or visionary looking to leave a mark on Binghamton's burgeoning Arts District, 209 State St is your canvas. Seller is a Lic. NY Real Estate Broker
324824
MLSⓇ ID
March 15, 2024
Listed
November 22, 2024
Updated
Map
209 State Street
BINGHAMTON NY, 13901
School Information
School District
Binghamton
Other Property Details
Area Name
Area 03
Taxes
$4,000
Tax Frequency
Annually
Days on Market
138
Garage
No
View
No
County
Broome
Municipality
Binghamton
Water Source
Public
Pool
No
Zoning
Com 1
Listed by Charles Ackerman with ACKERMANRE LLC
Listing Contact: 607-296-0758
The IDX display contains information sourced from the Greater Binghamton Association of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Greater Binghamton Association of REALTORS® all rights reserved.
Data last updated on 11/22/2024 at 6:00 PM UTC