123 Court St, Binghamton, NY, 13901

123 Court St Binghamton, NY 13901

123 Court St, Binghamton, NY, 13901
123 Court St, Binghamton, NY, 13901 123 Court St, Binghamton, NY, 13901
FOR SALE Auction Property
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Jan 29, 2026

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Highlights

  • Four-story mixed-use building with ground floor commercial and upper floor student housing.
  • 10 residential dwellings totaling 54 bedrooms with layouts suited for student demand.
  • Central downtown location with consistent student and young professional activity.
  • Short walk to Binghamton University’s Downtown Center and major civic and entertainment sites.
  • Walkable setting with transit access that supports stable leasing and high visibility commercial space.

Description

123 Court Street is a four story, 28,800 SF mixed use building configured for student housing with ground floor commercial space and upper floor apartments. Originally redeveloped from a commercial structure into a mixed-use asset with 10 residential dwellings totaling 54 bedrooms, the property functions as a high-density student housing hub with large multi-bedroom floor plans and modern finishes.

The residential units are accessed via a secure lobby, while the street level storefronts provide strong visibility along Court Street for retail or service tenants. Building features include high ceilings, full height storefront windows, and rear loading access that supports both residential operations and commercial tenancy.

The property is located on Court Street in Downtown Binghamton’s core commercial district, surrounded by restaurants, bars, banks, and daily needs retail. It sits within a short walk of Binghamton University’s Downtown Center, Government Plaza, and Mirabito Stadium, in a submarket that has seen sustained demand from students and young professionals.

The immediate area is one of the city’s most walkable neighborhoods, with direct access to the SUNY bus line and regional transit routes serving the broader Binghamton market. Ongoing public and private reinvestment in Downtown Binghamton has reinforced this block as a stable, central location for student housing and mixed-use assets.


Year Built: 1960
Building Size: 28800sq ft
Building Class: C
Lot Size: 0.17 acres

Map of 123 Court St, Binghamton, NY, 13901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.