$449,000
UNDER CONTRACT $50K PRICE DROP

Estimated payment $3,380/month

Total Views 5,753
8 Beds
-- Bath
4,652 Sq Ft
$97 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • Forced Air Heating System

About This Home

Now offered for sale is this well-located mixed-use building in the heart of Downtown Binghamton, positioned directly on Court Street near the intersection of Centenary. Just around the corner from the Koffman Southern Tier Incubator and steps from restaurants, shops, and public amenities, this property boasts a Walk Score of 87 and excellent transit access via public and SUNY bus lines. Zoned Downtown Business District, the building includes a ground-floor salon tenant with a lease in place through 2029 and scheduled rent increases. The upper-level apartments are currently vacant, offering immediate value-add potential for student or market-rate rentals. Included in the sale is the adjacent parking lot at 156 Court Street, providing rare off-street parking in a high-demand rental corridor.

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 06/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,431

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 24x78
  • Level Lot

Home Design

  • 4,652 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Macarthur Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-041-0003-018-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,431

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 24x78
  • Ownership: OWNER
  • Directions: Court st. 2nd Building past Centenary.
  • Above Grade Finished Sq Ft: 4652.0
  • Garage Yn: No
  • Structure Type: Apartment
  • Year Built: 1965
  • Property Sub Type Additional: Apartment
  • Special Features: 4224

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 4652.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None, Wall/Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 455.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-041-0003-018-000-0000
  • Zoning Description: Downtown Business distric
  • Zoning: Downtown Business distric

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2279.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 11431.0
  • Tax Book Number: 160.41-3-18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,432 $117,500 $21,650 $95,850
2023 $11,369 $117,500 $21,650 $95,850
2022 $11,102 $117,500 $21,650 $95,850
2021 $10,977 $117,500 $21,650 $95,850
2020 $11,013 $117,500 $21,650 $95,850
2019 $5,872 $117,500 $21,650 $95,850
2018 $10,700 $117,500 $21,650 $95,850
2017 $10,756 $117,500 $21,650 $95,850
2016 $10,819 $117,500 $21,650 $95,850
2015 $9,562 $117,500 $21,650 $95,850
2014 $9,562 $117,500 $21,650 $95,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $1,875 -6.3% --
07/18/2025 07/18/25 Price Changed $2,000 -38.5% --
07/18/2025 07/18/25 Price Changed $3,250 0.0% --
06/26/2025 06/26/25 Price Changed $449,000 0.0% $97 / Sq Ft
06/16/2025 06/16/25 For Rent $1,875 0.0% --
06/04/2025 06/04/25 For Sale $499,000 -- $107 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $330,000 None Available
Deed $163,000 Frederick Xlander
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $945,000 New Conventional
Previous Owner $75,000 Commercial
Source: Public Records

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    Scott Warren INNOVATIVE COMMERCIAL ADVISORS

    Section Image

Source: Greater Binghamton Association of REALTORS®

MLS Number: 331440

APN: 030200-160-041-0003-018-000-0000