212 Court Street, Binghamton, NY for sale

212 Court Street, Binghamton, NY 13905

Accepting Offers
212 Court Street, Binghamton, NY for sale212 Court Street, Binghamton, NY for sale212 Court Street, Binghamton, NY for sale212 Court Street, Binghamton, NY for sale
Asking Price

$325,000

212 Court Street, Binghamton, NY for sale

212 Court Street, Binghamton, NY 13905

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.17 Acres

Number of Units: 12

Property Type: Multifamily

Occupancy %: 0

Number of Floors: 3

Property Size: 8,568 SF

Investment Highlights

  • -Blank Canvas Redevelopment Opportunity – Former 12-unit apartment building completely gutted to the studs, offering exceptional potential for multifamily, student housing, or workforce housing redevelopment.
  • -Prime Downtown Location – Walking distance to Mirabito Stadium, restaurants, shopping, entertainment, and public transit, with approximately 7,280 vehicles per day on Court Street and a Walk Score of 75.
  • -Surrounded by Major Investment – Just one block from the $45 million Confluence Court development and adjacent to 198 Court Street, which recently sold for $1.75 million, highlighting the area's strong momentum and appreciation potential.

Offering Summary

Position your investment in one of Binghamton's fastest-growing redevelopment corridors. 212 Court Street presents a rare value-add opportunity to redevelop a former 12-unit apartment building that has been completely gutted to the studs, providing a true blank canvas for a new vision. Previously configured with a mix of one- and two-bedroom apartments, the property is well suited for multifamily, student housing, or workforce housing redevelopment. Located on highly visible Court Street with approximately 7,280 vehicles per day and a Walk Score of 75, the property is within walking distance of Mirabito Stadium, Downtown Binghamton's restaurants, shopping, entertainment, and public transportation. The surrounding area continues to experience significant investment, including the new $45 million Confluence Court development just one block away, while neighboring 198 Court Street recently sold for $1.75 million, demonstrating strong investor demand. With convenient access to Binghamton University, major employers, hospitals, and Interstate 81, this is an outstanding opportunity to capitalize on the continued revitalization of Downtown Binghamton.

Sale FAQs

Investment Sales Broker

Vincent Lucenti

Vincent Lucenti

SVN | Innovative Commercial Advisors

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXX

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