29-31 Court St

29 Court St Binghamton, NY 13901

29 Court St, Binghamton, NY, 13901
29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901 29 Court St, Binghamton, NY, 13901
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,325,000
Last Verified:
Nov 02, 2024

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Highlights

  • 15,356 SF building
  • 5 units
  • Zoned Downtown Business District
  • Located in Binghamton Student Housing area
  • 100% occupancy
  • Charming historic architecture
  • Modern amenities
  • Proximity to public transportation
  • Strong rental demand
  • Renovated units and common areas
  • Secure entry system
  • Updated electrical and plumbing systems

Description

For sale are two premium mixed-use buildings in the heart of Downtown Binghamton, a vibrant area known for its bustling student population. Located just steps from Water St, these buildings are perfectly positioned near approximately 1,300 student beds, ensuring a constant flow of foot and vehicle traffic. With a daily traffic count of 5,391 vehicles and a walkability score of 90, this "walker’s paradise" offers unparalleled access to Binghamton’s top restaurants, clubs, shops, and amenities. Fully occupied, these buildings feature ground-floor retail with student apartments above—an investment in the city’s most sought-after location.

Situated directly on Court St, just two buildings past Water St, this location is one of the most desirable in Binghamton. Surrounded by approximately 1,300 student beds, it benefits from constant foot and vehicle traffic, with an average daily count of 5,391 vehicles. Boasting a walkability score of 90, this "walker’s paradise" is within easy walking distance of all of Downtown Binghamton’s top restaurants, clubs, shops, and amenities.


Year Built: 1910
Building Size: 15356sq ft
Building Class: C
Lot Size: 0.06 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 29 Court St, Binghamton, NY, 13901

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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.