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    59-61 Court St Binghamton, NY 13901

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Binghamton location, flexible lease terms.

    Lot size:
    80,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 80,000 square foot Class B office building, constructed in 1980, is situated in the heart of downtown Binghamton, Broome County, New York, at 59-61 Court Street, zip code 13901. The property offers multiple tenancy options, with available spaces ranging from 875 to 6,250 square feet. The building boasts beautiful city views and is ideally located in a premier governmental, federal court, and business district. Various office configurations are available, including private offices and shared common areas, catering to diverse business needs. Onsite management ensures efficient building operations. Furnishings are available upon request, and flexible lease terms are offered to accommodate various business requirements. The building's diverse suite sizes make it suitable for a range of businesses, from small startups to larger established firms. This central location provides easy access to local amenities and transportation. The property is a highly desirable option for businesses seeking a prominent presence in Binghamton's thriving downtown area.

    Property Features for 59-61 Court St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,000 SF
    Class
    B
    Total Rate
    83333.33

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    4th Floor
    Size
    6,250 SF
    Rate per SF
    $13
    Space
    6th Floor
    Size
    3,200 SF
    Rate per SF
    $12
    Space
    7th Floor Office 701
    Size
    1,900 SF
    Rate per SF
    $12
    Space
    7th Floor Office 702
    Size
    875 SF
    Rate per SF
    $12
    Space
    8th Floor
    Size
    3,300 SF
    Rate per SF
    $14
    Space
    2nd Floor Office 202
    Size
    800 SF
    Rate per SF
    $13

    HighLights

    • Stunning city views.
    • Prime downtown Binghamton location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waal Radio Broadcaster Nave Law Firm Attorney Electronic Links International, ... Business To Business Service Buckland Law Offices ... Attorney Le svelte Spa Skin Care Clinic

    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
    -75.9127013
    Latitude
    42.0990329

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    FAQs

    What type of property is this?
    Office space - Prime Binghamton location, flexible lease terms.
    Where is this office space located?
    The property is located at 59-61 Court St Binghamton, NY.
    What is the lease rate?
    The lease rate is $12-$14 SF/Yr.
    What are key features of this property?
    This property features: Stunning city views.; Prime downtown Binghamton location.;
    Request Owner's contact information
    59-61 Court St 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
    59-61 Court St Binghamton, NY 13901
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