40 Court St.

Description:

40 Court Street is a central downtown multifamily asset configured for high-density residential use with flexible housing layouts that appeal to student housing and group leasing markets. The building offers a mix of 2-, 5- and 6-bedroom apartments with spacious floor plans, large windows and in-unit amenities. 

Several configurations offer multiple baths and efficient layouts that support strong cash flow potential. The property includes on-site laundry and all utilities can be structured into lease agreements to simplify operations and enhance net effective rents.


 

The property sits on Court Street in central downtown Binghamton, within the Court Street Historic District and proximate to retail, dining and service amenities. The downtown core provides immediate access to regional transit, pedestrian activity and civic destinations including Government Plaza and adjacent office concentrations. 

The location appeals to tenants who prioritize walkability and connectivity to Binghamton University, area employers and downtown services, supporting sustained leasing performance.


Functional interior amenities including large windows, in-unit kitchens and onsite laundry to support stable occupancy. 

All utilities included leasing options that enhance net effective rents and simplify tenant management. 

Proximity to downtown destinations and transit supports demand from students, young professionals and workforce renters.

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