162 Court Street

For Sale

162 Court Street, Binghamton, NY 13901

This Binghamton property for sale is located at 162 Court Street. The current listed sale price for 162 Court Street is $3,625,000. 162 Court Street is situated on a lot that is 0.14 acre in size.

Contacts

broker

Sean Slattery

Lee & Associates - New York

Property Details

  • Property Type Multi-Family
  • Property Size 20,372 SF
  • Units 10
  • Lot Size 0.14 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 4, 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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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

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13901

Points of Interest

  • Gulf

    0.49 miles

  • Sunoco

    0.80 miles

  • Mirabito

    0.83 miles

  • Citgo

    1.03 miles

  • Sunoco

    1.30 miles

  • Speedway

    1.84 miles

  • Sunoco

    2.36 miles

  • Kwik Fill

    3.15 miles

  • Tesla Supercharger

    3.20 miles

  • Sunoco

    3.88 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

    2.63 miles

  • Lot J1

    2.71 miles

  • Lot J2

    2.73 miles

  • The Grand Royale Hotel

    0.24 miles

  • Holiday Inn Binghamton Downtown

    0.42 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

  • Motel 6

    2.99 miles

  • Quality Inn & Suites

    3.42 miles

  • Plaza 5

    0.76 miles

  • Weis

    0.98 miles

  • Weis Markets #220

    1.04 miles

  • A-1 Grocery & Halal Meat

    1.11 miles

  • Price Chopper

    1.48 miles

  • Walmart Supercenter

    2.30 miles

  • NOOR Halal Food & More

    2.53 miles

  • Dollar Depot

    2.74 miles

  • Maines Food & Party Warehouse

    3.01 miles

  • Portobello Square

    3.53 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Sean Slattery

Lee & Associates - New York