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    29 Court St Binghamton, NY 13901

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    For Sale
    $1,160,000

    Two mixed-use buildings in a high-traffic, walkable downtown location.

    Property size:
    15,356 SF

    Property Features for 29 Court St

    General Information

    Size
    15,356 SF

    Building Details

    Year built
    1910

    Source: Scott Warren, CCIM Agent Scott Warren, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Binghamton Mixed-Use Buildings

    Two mixed-use buildings are available for sale in Downtown Binghamton, an area known for its student population. The buildings are located on Court Street, near Water Street, and benefit from proximity to approximately 1,300 student beds. The location experiences a daily traffic count of 5,391 vehicles and has a walkability score of 90, providing access to restaurants, clubs, shops, and amenities. The 15,356 square foot buildings are zoned Downtown Business District and are located in the Binghamton Student Housing area. The property features ground-floor retail with student apartments above. The buildings have five units and are currently at 100% occupancy. Architectural features include historic charm, combined with modern amenities. The property benefits from proximity to public transportation and strong rental demand. Units and common areas have been renovated, and the property includes a secure entry system and updated electrical and plumbing systems.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9142397
    Latitude
    42.0989153

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    FAQs

    What type of property is this?
    Mixed-use property - Two mixed-use buildings in a high-traffic, walkable downtown location.
    Where is this mixed-use property located?
    The property is located at 29 Court St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $1,160,000.
    What are key features of this property?
    This property features: - Prime location in Downtown Binghamton, steps from Water St and surrounded by approximately 1,300 student beds.; - Mixed-use buildings with ground-floor retail and student apartments above.; - 100% occupancy, indicating strong rental demand.
    (607) 621-0439
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    29 Court St Binghamton, NY 13901
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    Binghamton, NY 13901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29 Court St Binghamton, NY 13901
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