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Mixed-Use Apartment Building with Retail Units
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41 Court St, Binghamton, NY 13901

Downtown Business District mixed-use building with street-level commercial units and upper-floor residential conversion.

Property Size39,520 SF
Price / SF$32.87
Days on Market10

Property Features for 41 Court St

General Information

Standard status Active
Size 39,520 SF
Property subtype RETAIL
Zoning Downtown Business District

Additional Details

Gross Income $60,000

Building Details

Tenancy Multi
Listing Agency: Century 21 Commercial North East | Johnson City
Listed By: Daniel Schmitt
Source: Moodyscre
Added: Jul 24 Changed: Jul 30 Last Checked: Aug 1 at 10:00AM

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 Century 21 Commercial North East | Johnson City

Investment Insights

Based on property information with market context.

This mixed-use apartment building offers space for both street-level commercial use and upper-floor residential conversion. The property size is 39,520 SF and preliminary concepts support a residential layout for 18+ units, up to 41 bedrooms, structured around a per-bed leasing model.

Located at 41 Court St in downtown Binghamton, the property sits within the Downtown Business District, allowing flexible mixed-use redevelopment. Preliminary plans are described as conversion-ready, positioning the upper floors for residential or student housing.

The public remarks also reference local demand drivers, including Binghamton University’s ~19,000 students and a reported ~44% renter population, which underpin the proposed student-housing and per-bedroom approach.

Key Highlights

  • 39,520 SF mixed‑use apartment building with street‑level commercial units
  • Downtown Business District zoning supporting flexible mixed‑use redevelopment
  • Preliminary plans for 18+ units and up to 41 bedrooms

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.

Lease Details

Multi-tenant
Tenancy

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?
Apartment building - Downtown Business District mixed-use building with street-level commercial units and upper-floor residential conversion.
Where is this apartment building located?
The property is located at 41 Court St Binghamton, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 39,520 SF mixed‑use apartment building with street‑level commercial units; Downtown Business District zoning supporting flexible mixed‑use redevelopment; Preliminary plans for 18+ units and up to 41 bedrooms
(800) 844-7653 Call to check price and availability
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