41 Court Street, Binghamton, NY 13901
sale
$1,425,000
|
Retail
Listed By CENTURY 21 North East
Prime downtown Binghamton mixed-use opportunity (~39,500 SF) with significant value-add potential. Multiple street-level commercial units generate ~$5,000/month while upper floors are primed for residential or student housing conversion. Located in the Downtown Business District allowing flexible mixed-use redevelopment. Prior concepts support 18+ units / up to 41 bedrooms, well-suited for a per-bed leasing model. Strong rental demand driven by Binghamton University (~19,000 students) and a ~44% renter population. Preliminary plans available; conversion-ready layout. One of the largest available assets in the downtown core. This is a scale-driven, demand-backed repositioning opportunity in a market attracting institutional and private capital
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Property Features
- Building Area: 39520.00 SF
- Cooling: Central A/C
- Cross Docks: N
- For Auction: N
- Heating - Fuel Type: Gas
- Lot Size In Text: 0.27 Sq. Ft.
- MLSID: 335758
- Parking Places: 0
- Price Per Area: 36.06
- Price Upon Request: N
- Road Type: City / Town Street
- Sewer: Public
- Style: Other Style
- Sublease: N
- Taxes: $33818.00
- Water: Municipal Water
- Year Built: 1965
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