212 Court St, Binghamton, NY, 13901

212 Court St Binghamton, NY 13901

212 Court St, Binghamton, NY, 13901
212 Court St, Binghamton, NY, 13901 212 Court St, Binghamton, NY, 13901 212 Court St, Binghamton, NY, 13901 212 Court St, Binghamton, NY, 13901
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$299,000
Last Verified:
Mar 24, 2024

Highlights

  • Walking distance to Mirabito Stadium, close to Downtown
  • On bus route and within student housing zoning
  • Demo work is done, ready for renovations
  • Originally configured as a 12-unit space with a mix of 3 and 4-bedroom layouts

Description

Presenting an exciting opportunity for investors, this former 12-unit building directly located on Court Street is now available for sale. This property, while completely gutted, holds immense potential for further development and customization. Situated within walking distance of Mirabito Stadium, this property also provides easy access to all Downtown Binghamton's attractions, including restaurants, shopping outlets, nightclubs, and various amenities. The building has been stripped down to the studs, presenting a blank canvas for new plans and ideas. This unique blank slate makes it an ideal location for student housing, especially given its proximity to essential amenities and the convenience of being on the bus line. Originally configured as a 12-unit space with a mix of 1 and 2-bedroom layouts, the property features enclosed and covered porches. This offering is a prime opportunity for those looking to make a strategic investment in the heart of Binghamton. Court Street traffic count 7280. Walkability score of 75

Situated within walking distance of Mirabito Stadium, this property also provides easy access to all Downtown Binghamton's attractions, including restaurants, shopping outlets, nightclubs, and various amenities.


Year Built: 1950
Building Size: 8568sq ft
Lot Size: 0.17 acres


Documents

SVN - OM/Proposal/BOV (P)
212 Court OM Compressed.pdf
212 Court Street - Drawing Set (1) (1).pdf

Map of 212 Court St, Binghamton, NY, 13901

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.