41 Court Street, Binghamton, NY 13901
Broome County
Key Facts
Description
Prime downtown Binghamton mixed-use opportunity (~39,500 SF) with significant value-add potential. Multiple street-level commercial units generate ~$5,000/month while upper floors are primed for residential or student housing conversion. Located in the Downtown Business District allowing flexible mixed-use redevelopment. Prior concepts support 18+ units / up to 41 bedrooms, well-suited for a per-bed leasing model. Strong rental demand driven by Binghamton University (~19,000 students) and a ~44% renter population. Preliminary plans available; conversion-ready layout. One of the largest available assets in the downtown core. This is a scale-driven, demand-backed repositioning opportunity in a market attracting institutional and private capital
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1965
Stories
4
Living Area
39,520 sq ft
Lot Dimensions
Irregular lot: approx. 40’ road frontage, 140’ rear width, 155’ max depth
Ownership
OWNER
Zoning
Downtown Business Distric
Days on Market
43
MLS® Listing#
335758
Property Features
Cooling
Heating
Flooring
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$33,818
Assessed Value
$339,900
Parcel Number
030200-160-040-0002-015-000-0000
Directions
Front St to Court St Between Water St and Washington St. Formally known as Galaxy Brewing
Affordability Calculator
$259,800
Estimated monthly payment
$6,914/mo
Principal $1,039,200 · Est. interest $1,449,776 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Binghamton, NY
- $215,957
- Median Listing Price
- 35
- Median Days on Market
- 2,035
- Median Sq Ft
- $104
- Median Price / Sq Ft
- 239
- Active Listings
- This home’s price is 502% above the area median.
- Its price per sq ft is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Binghamton, NY.
Location
Points of Interest in Binghamton, NY
Showing the Binghamton area map.
Nearby Schools
Roy Ettinger School
Secondary · 0.2 mi away
Binghamton High School
Secondary · 0.3 mi away
Binghamton City School District
School · 0.5 mi away
Columbus School
School · 0.5 mi away
St John the Evangelist School
School · 0.6 mi away
Seton Catholic Central
Elementary · 0.8 mi away
Horace Mann School
Elementary · 0.9 mi away
MacArthur School
Elementary · 0.9 mi away
Binghamton City School District
Elementary · 1.2 mi away
West Middle School
Secondary · 1.3 mi away
Thomas Jefferson School
Elementary · 1.4 mi away
Theodore Roosevelt Elementary School
Elementary · 1.5 mi away
Woodrow Wilson School
Elementary · 1.6 mi away
East Middle School
Secondary · 1.7 mi away
Binghamton City School Dist
School · 1.8 mi away
Calvin Coolidge School
Elementary · 1.8 mi away
Hillel Academy
School · 2.0 mi away
St James School
School · 2.2 mi away
Champions at Vestal Hills Elementary School
Elementary · 2.3 mi away
Vestal Hills Elementary School
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 36 & 36.5 Fayette St, Binghamton, NY | $949,900 | 18 | — | 8,024 |
| 64 Murray Avenue PORTFOLIO, Binghamton, NY | $956,000 | 24 | — | 9,254 |
| 47 Carroll St, Binghamton, NY | $1,000,000 | 18 | — | 8,420 |
| 255 Washington Street, Binghamton, NY | $1,000,000 | — | — | — |
| 29-31 Court Street, Binghamton, NY | $1,090,000 | — | — | — |
| 74 Carroll Street, Binghamton, NY | $1,340,000 | — | — | 13,020 |
Moving Cost Estimate
EXIT Agents in Binghamton
Listing Courtesy: CENTURY 21 NORTH EAST - 6077572100
Fair Housing Notice