41 Court Street, Binghamton, NY

Retail for Sale - $1,425,000 - 39,520 Sq. Ft.


Agent Info

Daniel Schmitt
CENTURY 21 North East

Property Info

CIMLS#1191061
Location
  41 Court Street
  Binghamton NY 13901
UpdatedMay 6th, 2026
TypeRetail
Price$1,425,000
Building39,520 Sq. Ft.

Property Description

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


Financials