162 Court Street

162 Court Street, Binghamton, NY 13901

  • For Sale $3,625,000
  • Property Type Multi-Family
  • Property Size 20,372 SF
  • Units 10
  • Lot Size 0.14 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 9, 2024
BinghamtonLee & Associates is pleased to present exclusively for sale the student housing asset located at 162 Court Street, Binghamton, NY 13901 (the “Property”). Located on the corner of Court Street and Carroll Street in the heart of Downtown Binghamton, the Property features 10 units consisting of 56 total beds. With recent capital programs completed in the building coupled with a 19% increase in undergraduate applications in 2023, the Property is poised to see outsized returns in a flourishing student rental market that continues to grow year-over-year. The Property will provide an investor with consistency and growth through residential cashflow with the opportunity to add value by leasing the approximately 2,700 feet of retail, or converting the space to self-storage.

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Attachments

Highlights

  • Located in Downtown Binghamton, servicing Binghamton University, New York’s #1 Value Public University named by U.S. News & World Report
  • 56 beds across 10 units with multiple unit sizes allows for flexibility in renting to individuals or groups
  • Consistent demand from student groups looking for larger format units

Contacts

broker

Sean Slattery

Lee & Associates - New York

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Binghamton, NY
  • Zip Code 13901

Points of Interest

  • Gulf

    0.49 miles

  • Speedway

    0.72 miles

  • Sunoco

    0.80 miles

  • Mirabito

    0.83 miles

  • Citgo

    1.03 miles

  • Tesla Supercharger

    3.20 miles

  • Lot UDC

    0.47 miles

  • UHS Summit Building Parking

    0.90 miles

  • Binghamton General Hospital Parking

    0.91 miles

  • UHS Parking

    1.03 miles

  • BAGSAI Parking

    2.29 miles

  • Lot HSC2

    2.51 miles

  • Lot HSC1

    2.62 miles

  • Lot J

    2.64 miles

  • The Grand Royale Hotel

    0.24 miles

  • DoubleTree

    0.37 miles

  • Holiday Inn Binghamton Downtown

    0.42 miles

  • Red Roof Inn Binghamton North

    1.73 miles

  • Econo Lodge

    1.78 miles

  • Fairfield Inn Marriott

    2.15 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    2.35 miles

  • Residence Inn

    2.57 miles

  • Del Motel

    2.81 miles

  • Comfort Inn

    2.93 miles

  • Tranquil Bar & Bistro

    0.17 miles

  • Amici

    0.19 miles

  • Little Venice Restaurant

    0.22 miles

  • Burger Mondays

    0.23 miles

  • Chris' Diner

    0.25 miles

  • Iron Agave

    0.28 miles

  • Remlik's

    0.28 miles

  • D.P. Dough

    0.28 miles

  • Courtside Bar and Grill

    0.29 miles

  • Dillinger's Celtic Pub & Eatery

    0.30 miles

  • Saint Mary's School

    0.14 miles

  • Christopher Columbus Public School

    0.22 miles

  • Binghamton University Downtown Center

    0.47 miles

  • Saint Paul's Parochial School

    0.52 miles

  • Saint Johns Parochial School

    0.55 miles

  • Edison School

    0.56 miles

  • Roberson Memorial Center

    0.61 miles

  • Franklin School

    0.91 miles

  • Benjamin Franklin Elementary School

    0.92 miles

  • Daniel S Dickinson School

    0.97 miles

  • Lourdes Childcare Center

    1.63 miles

  • ABC Child Care & Learning Center

    5.89 miles

  • Tutor Time

    6.84 miles

  • First Presbyerian Nursery School

    7.09 miles

Frequently Asked Questions

How much does 162 Court Street cost?

The space currently listed for sale at 162 Court Street asks for $3,625,000.

What is the total square footage of 162 Court Street?

162 Court Street totals 20,372 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Sean Slattery

Lee & Associates - New York