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    89 Court St Binghamton, NY 13901

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    For Sale
    Contact for pricing

    Prime location with pre-approved plans for residential conversion.

    Property size:
    16,416 SF
    Lot size:
    0.07 Acres

    Property Features for 89 Court St

    General Information

    Size
    16,416 SF
    Lot size
    0.07 Acres

    Source: SVN | Innovative Commercial Advisors Agent Scott Warren

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

    Overview

    Historic Downtown Binghamton Development Opportunity

    Located in the heart of Historic Downtown Binghamton, this property is situated at the Chenango Street Roundabout, benefiting from an average daily traffic count of 8,110 and significant foot traffic. The location is steps away from Downtown Binghamton's restaurants, shops, and amenities, and within walking distance to landmarks such as the Courthouse, County Office Building, Security Mutual, State Office Building, and City Hall. The property has a walk score of 85, indicating high walkability. The sale includes pre-approved development plans to convert the top three floors into housing, offering an opportunity for investors. The building is of solid steel construction and is one of the most prestigious buildings in Binghamton. The pre-approved plans are for 9 units with 18 beds on the top 3 floors. The property size is 16,416 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Springbrook Non-Profit Organization Artz Philip J Attorney Live in Bing Apartment Building D'Lusso Limousine Service, ... Limousine Service Legacy Insurance Management Insurance Agency

    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
    -75.9112074
    Latitude
    42.098918

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    FAQs

    What type of property is this?
    Office building - Prime location with pre-approved plans for residential conversion.
    Where is this office building located?
    The property is located at 89 Court St Binghamton, NY.
    What are key features of this property?
    This property features: - Prestigious building, a centerpiece of Downtown Binghamton.; - Prime downtown location at the Chenango Street Roundabout with high vehicle (8,110 daily) and foot traffic.; - Walking distance to key landmarks and downtown amenities.
    (607) 621-0439
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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
    89 Court St Binghamton, NY 13901
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