212 Court St 12 Unit Apartment Building $325,000 ($27,083/Unit) Binghamton, NY 13901

Property Description
Position your investment in one of Binghamton's fastest-growing redevelopment corridors. 212 Court Street presents a rare value-add opportunity to redevelop a former 12-unit apartment building that has been completely gutted to the studs, providing a true blank canvas for a new vision. Previously configured with a mix of one- and two-bedroom apartments, the property is well suited for multifamily, student housing, or workforce housing redevelopment. Located on highly visible Court Street with approximately 7,280 vehicles per day and a Walk Score of 75, the property is within walking distance of Mirabito Stadium, Downtown Binghamton's restaurants, shopping, entertainment, and public transportation. The surrounding area continues to experience significant investment, including the new $45 million Confluence Court development just one block away, while neighboring 198 Court Street recently sold for $1.75 million, demonstrating strong investor demand. With convenient access to Binghamton University, major employers, hospitals, and Interstate 81, this is an outstanding opportunity to capitalize on the continued revitalization of Downtown Binghamton.
Location Description
212 Court Street offers a prime location just steps from Mirabito Stadium and minutes from Downtown Binghamton. The property is surrounded by restaurants, breweries, coffee shops, shopping, entertainment, and everyday conveniences, while also providing easy access to public transportation, Interstate 81, and Route 17/I-86. Its proximity to Binghamton University, SUNY Broome Community College, major employers, hospitals, and government offices supports strong demand from students, professionals, and the local workforce, making it an excellent location for investment.