- For Sale Subject to Offer
- Property Type Multi-Family
- Property Size 28,800 SF
- Units 10
- Lot Size 0.17 Acre
- Building Class C
- Year Built 1960
- Date Updated May 18, 2026
Description
The property is located on Court Street in Downtown Binghamton’s core commercial district, surrounded by restaurants, bars, banks, and daily needs retail. It sits within a short walk of Binghamton University’s Downtown Center, Government Plaza, and Mirabito Stadium, in a submarket that has seen sustained demand from students and young professionals.
The immediate area is one of the city’s most walkable neighborhoods, with direct access to the SUNY bus line and regional transit routes serving the broader Binghamton market. Ongoing public and private reinvestment in Downtown Binghamton has reinforced this block as a stable, central location for student housing and mixed-use assets.123 Court Street is a four story, 28,800 SF mixed use building configured for student housing with ground floor commercial space and upper floor apartments. Originally redeveloped from a commercial structure into a mixed-use asset with 10 residential dwellings totaling 54 bedrooms, the property functions as a high-density student housing hub with large multi-bedroom floor plans and modern finishes.
The residential units are accessed via a secure lobby, while the street level storefronts provide strong visibility along Court Street for retail or service tenants. Building features include high ceilings, full height storefront windows, and rear loading access that supports both residential operations and commercial tenancy.
Highlights
- 10 residential dwellings totaling 54 bedrooms with layouts suited for student demand.
- Central downtown location with consistent student and young professional activity.
- Four-story mixed-use building with ground floor commercial and upper floor student housing.
- Short walk to Binghamton University’s Downtown Center and major civic and entertainment sites.
- The Retail Space will be leased back to the current owner at closing if the buyer exercises the option at $6,000/Month for 36 Months. Rents to be escrowed at closing.
- Walkable setting with transit access that supports stable leasing and high visibility commercial space.
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Contacts
Scott Warren, CCIM
SVN | Innovative Commercial Advisors
Location
Contact Listing Broker
Scott Warren, CCIM
SVN | Innovative Commercial Advisors