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    73 Court St Binghamton, NY 13901

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    For Sale
    $1,000,000

    Prime location with retail space and student housing potential.

    Property size:
    19,880 SF

    Property Features for 73 Court St

    General Information

    Size
    19,880 SF

    Building Details

    Year built
    1970

    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 Investment Opportunity

    Located in Downtown Binghamton, this complex is situated on Court Street between State and Chenango Streets. The property benefits from its central location, experiencing significant foot and vehicle traffic, with an average daily traffic count of 7,687 and a walk score of 87. It is within walking distance to the SUNY bus lines and other amenities. The building includes approximately 5,500 square feet of retail space, along with 13 student beds. There is also room for expansion, with blueprints for 24 more beds. A $450,000 green roof enhances the property's appeal. The property has value-add potential, making it a prime investment opportunity. 89 Court Street and 24 Centenary Street are also available to purchase as a package with 73 Court Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spotlight Live Music Venue

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -75.9118985
    Latitude
    42.0990169

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    FAQs

    What type of property is this?
    Apartment building - Prime location with retail space and student housing potential.
    Where is this apartment building located?
    The property is located at 73 Court St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime central location on Court Street in Downtown Binghamton with high foot and vehicle traffic.; - Positive cash flow with significant value-add potential.; - Turnkey retail space (approximately 5,500 sq ft) and 13 fully equipped student beds.
    (607) 621-0439
    Request Owner's contact information
    73 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
    73 Court St Binghamton, NY 13901
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