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Property profile

95 Ct St Binghamton, NY 13901

OFF-MARKET
Investment properties
Property ID
US63-0063704
View Sample
31,600 SF 0.5 ac lot Built 1929
Entity Owned 5-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 31,600-square-foot office building at 95 Court Street in Binghamton, NY, presents a unique investment opportunity. Built in 1890, the property boasts a striking blend of historical character and contemporary functionality. Its robust construction, utilizing cement and steel, ensures lasting durability. The building's prime location at the Court Street roundabout offers unparalleled visibility and accessibility within the thriving Downtown Business District. A dedicated parking lot enhances convenience for occupants and visitors. The versatile interior layout features multiple street-level units, ideal for a diverse range of businesses. Situated amidst a vibrant mix of offices, shops, and local businesses, the property enjoys proximity to key landmarks such as the Broome County Courthouse and Government Plaza. This central location provides easy access to a wealth of amenities and services, making it an attractive proposition for both investors and entrepreneurs seeking a high-profile presence in Binghamton's dynamic downtown core. The asking price is $1,995,000. The property sits on a 0-acre lot.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1929
Total area 31,600 SF
Lot 0.5 ac (21,780 SF)
APN 030200 160.41-2-20
UPID US63-0063704

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Financial Advisor
  • Property Management Company
  • Medical Clinic
  • Bank Loan Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.42M
Blend (final) Blend
$395k

Owner & transaction history

since 2021
Last sale
$1,000
7 recorded transactions
2021
Price N/A
2021
Price N/A
2018
Price N/A
2017
$775,000
2015
Price N/A
2012
$1.0M
2006
$2.1M

Zoning & alternative use

Top alternative use upside
Office building $3.4M +31.2%
Auto repair, garage $2.6M +0.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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