41 Court Street

Description:

 

This 39,000 SF building presents an outstanding investment opportunity in the core of Downtown Binghamton. The first-floor commercial space has been newly leased for $5,000 per month on a five-year lease, providing steady cash flow and reinforcing the asset’s long-term stability. The upper floors offer substantial value-add potential, whether for additional commercial use, redevelopment, or mixed-use conversion.

Situated prominently at the intersection of Court Street and Washington Street, the property enjoys dual frontage, excellent visibility, and exposure to heavy pedestrian and vehicle traffic. Court Street sees an average daily count of 13,634 vehicles, while the area’s Walk Score of 91 underscores its accessibility and urban appeal.

Surrounded by key anchors such as Boscov’s, the MetroCenter, and Ellis Brothers Furniture, this location is positioned for continued growth and demand in Binghamton’s thriving downtown district.


Centrally located in Downtown Binghamton, this property sits in one of the city’s most active commercial corridors. The intersection of Court and Washington Streets connects major retail, dining, and entertainment destinations, making it a focal point for business and pedestrian activity. The surrounding area includes established retailers, office users, and student housing developments, all within walking distance of Government Plaza, Binghamton University’s Downtown Center, and multiple parking facilities. With a Walk Score of 91 and traffic counts exceeding 13,000 vehicles per day, this is one of the city’s most visible and accessible downtown locations.


 



Newly signed 5-year commercial lease at $5,000/month


Prime corner location with dual frontage on Court and Washington Streets


39,000 SF building offering strong value-add and redevelopment potential


Surrounded by major downtown anchors and high pedestrian traffic