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Versatile Binghamton Mixed-Use Property
For Sale
$1,250,000

41 Court St, Binghamton, NY 13901

39,520 SF property with retail, restaurant, and residential potential.

Property Size39,520 SF
Price / SF$31.63
Days on Market272

Property Features for 41 Court St

General Information

Standard status Active
Size 39,520 SF
Property subtype Multifamily

Building Details

Building Size 39,520 SF
Year Built 1965
Listing Agency: SVN Innovative Commercial Advisors
Listed By: Scott Warren, CCIM, CIREC · License #NY #10491212432
Source: Svn
Added: Nov 21, 2025 Changed: Aug 18 Last Checked: Aug 20 at 4:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Innovative Commercial Advisors

Investment Insights

Based on property information with market context.

Located in downtown Binghamton, this 39,520 SF mixed-use property offers an investment opportunity with multiple potential uses. The property includes plans for 18 student apartments with a total of 41 bedrooms. The property also features versatile spaces suitable for retail or restaurant ventures, with 4 commercial units providing flexibility for various business concepts. Built in 1965, the property blends classic charm with modern opportunities. Zoned Commercial-Downtown Business District, the property is strategically positioned for businesses seeking to thrive in a dynamic area. The location offers high visibility and foot traffic, making it an ideal setting for entrepreneurial ventures. The surrounding area is a vibrant hub for commercial activity, steps away from Court Street and offering easy access to dining and entertainment. The district is in close proximity to financial and legal institutions, making it suitable for office and commercial use. The area blends historic charm with modern amenities, creating an appealing environment for professionals and businesses.

Key Highlights

  • Prime downtown Binghamton location with high visibility and foot traffic.
  • Boasting 39,520 SF of versatile space suitable for retail, restaurant, or other commercial ventures.
  • Zoned Commercial‑Downtown Business District, offering strategic business positioning.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Daycare Center Veterinary Clinic Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,305
Businesses Nearby

Demographics for 13901, NY

20,548
Population
10,148
Households
2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
893
Density / Sq Mi
$54,165
Median Household Income
$36,897
Median Earnings
$806
Median Rent
$152,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 39,520 SF property with retail, restaurant, and residential potential.
Where is this mixed-use property located?
The property is located at 41 Court St Binghamton, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime downtown Binghamton location with high visibility and foot traffic.; Boasting 39,520 SF of versatile space suitable for retail, restaurant, or other commercial ventures.; Zoned Commercial‑Downtown Business District, offering strategic business positioning.
More about this property
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