The Perry Building

89 Court Street Binghamton, NY 13901

89 Court Street , Binghamton, NY, 13901
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,250,000
Last Verified:
Jul 12, 2024

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Highlights

  • Solid Steel Building.
  • Centerpiece of Downtown Binghamton.
  • Heavy foot and Vehicle Traffic.
  • Right at the Chenango St Roundabout.
  • One of the most prestigious buildings in Binghamton.
  • Pre Approved plans for 2, 3 bed units on each of the top 3 floors.

Description

Available for sale is this iconic centerpiece of Downtown Binghamton, a unique and prestigious building designed by renowned architect Isaac Perry, who also built the State Capital Building in Albany. Constructed in 1876, this steel frame structure, one of the few remaining in the United States, was featured in the 1991 movie Liebestraum and has housed various businesses over its 140+ year history. Centrally located at the Chenango Street Roundabout in the heart of Historic Downtown Binghamton, this property enjoys an average daily traffic count of 8,110 and substantial foot traffic. It is within walking distance to key landmarks such as the Courthouse, County Office Building, Security Mutual, State Office Building, and City Hall, with an impressive walk score of 85. The sale includes pre-approved development plans to convert the top three floors into housing, offering an exceptional opportunity for investors. With plans for two 3-bedroom units on each of the top three floors, this building can become a virtual cash cow, especially given Downtown Binghamton's popularity for student housing, home to approximately 1,300 student beds.

Located in the heart of Historic Downtown Binghamton, this prime spot at the Chenango Street Roundabout boasts an average daily traffic count of 8,110, alongside significant foot traffic. Just steps away from all of Downtown Binghamton's restaurants, shops, and amenities, this property is also within walking distance to key landmarks such as the Courthouse, County Office Building, Security Mutual, State Office Building, and City Hall. With an impressive walk score of 85, it offers unparalleled convenience. The sale includes pre-approved development plans to convert the top three floors into housing, making it an exceptional opportunity for investors.


Year Built: 1995
Building Size: 16416sq ft
Building Class: B
Lot Size: 0.1 acres


Documents

SVN - OM/Proposal/BOV (P)
Court_89_Traffic.pdf (copy)
Court_89_Traffic_profile.pdf (copy)
Perry_Aerial.pdf (copy)
Perry_Aerial_a.pdf (copy)
23.017-A0.02 Level B-1 - Floor Plans (PC) 2023.06.07 DRAFT (1) (3).pdf
23.017-A0.01 Site Plan (PC) 2023.06.07 DRAFT (1) (3).pdf
23.017-A0.03 Levels 2-4 - Floor Plans (PC) 2023.06.07 DRAFT (1) (3).pdf
23.017 Scope of Work.docx (3).pdf

Map of 89 Court Street , Binghamton, NY, 13901

Presented by:
Warren Real estate

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Scott Warren


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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."

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