Binghamton Police say the home invasion took place at 65 Cleveland Avenue.
Valerie Fleming-Spencer, 54, is accused of entering the home through an unlocked door at about 5 a.m. on August 7.
Police say the 88-year-old resident was able to fend off the knife attack, receiving minor injuries to his hands and face.
Fleming-Spencer was arrested on Tuesday, and police say they've recovered the knife.
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