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Binghamton, NY - Family Dollar

$507,000

457 Court St, Binghamton, NY 13904

Active
Last Updated: 11/11/2025

11

Cap Rate

55,772

NOI

Details:
Cap Rate:    11%
NOI:    $55,772
Building Size:    8,120 sqft
Lot Area:    0.52 acres
Year Built:    1985
Zoning:    Service Commercial (C1)
Description:

• The lease has over one year of primary term remaining, providing stable near-term income while offering significant value-add potential through future redevelopment or re-tenanting
• Zoned C1 (Service Commercial), the property is well-positioned for a wide range of commercial uses, enhancing long-term flexibility and upside

- Situated less than 2 miles from Downtown Binghamton, the region’s commercial, governmental, and institutional hub
- Close proximity to Binghamton University, UHS Wilson Medical Center, and local government offices contributes to strong daily traffic
- Convenient access to and from the city center reinforces the property’s relevance for both residents and regional commuters

Map:
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