59 Court StBinghamton, NY 13901

Property Details for 59 Court St

Year built

1980

Lot size

0.22 AC

Property size (Sq ft)

50,531 SF

Property type

Office properties

Property subtype

Office buildings

APN

030200 160.41-1-5

APU

302001604115

Description

This exceptional office space, located at 59 Court Street, Unit 202, in the heart of downtown Binghamton, NY, offers unparalleled access to governmental, federal court, and business centers in Broome County. Situated on the second floor, this unit boasts stunning city views from its desirable location. The space is available for lease at a competitive rate of $13.00 per square foot, with a common area maintenance (CAM) charge of $2.50 per square foot. Multiple office spaces and sizes are available, ranging from 875 to 6,000 square feet, allowing for flexibility to accommodate various business needs. Options include private offices within larger suites, entire floors, and shared common areas. The building benefits from exceptional on-site management. Furnishings may be available upon request, subject to availability. Flexible lease terms are offered to suit individual requirements. This is a truly unique opportunity to establish a presence in one of Binghamton's most prestigious business districts. Contact us to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $7,799,460

  6.5%

  $7,199,502

  7%

  $6,685,252

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,874,693

  Geo Method

  $6,602,380

• Alternative Use

  Use

  Valuation

  Residential

  $8,927,382

  Hospitality

  $8,177,434

  Educational

  $6,803,529

  Medical

  $7,037,512

  Retail

  $10,583,267

Location Insight

City

Binghamton

County

Broome

State

New York

Latitude

42.099

Longitude

-75.9127

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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