Estimated payment $7,670/month
This is a massive complex centrally located in Downtown Binghamton. This is an excellent central Downtown location. Directly on Court St. Between State St and Chenango St. This is where everyone wants to be. This location has heavy foot and vehicle traffic. The average daily traffic count at this location is 7.687 and the location has a walk score of 87. The building includes approximately 5,500 SF of turnkey retail space as well as 13 Turnkey Student Beds. There is also room for expansion with blueprints for an additional 16 beds. The building has a $450,000 green roof. This positively cash flows as is with significant value add opportunity. 89 Court Street and 24 Centenary Street are also available to purchase as a package with 73 Court Street, creating a powerful portfolio investment opportunity. Owning all three properties offers significant advantages in terms of scale, management efficiency, and market influence within Downtown Binghamton’s growing rental market.
Listing Agent
INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 06/08/2024
| 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 | $27,427 | $281,900 | $67,800 | $214,100 |
| 2023 | $27,276 | $281,900 | $67,800 | $214,100 |
| 2022 | $26,634 | $281,900 | $67,800 | $214,100 |
| 2021 | $26,336 | $281,900 | $67,800 | $214,100 |
| 2020 | $26,422 | $281,900 | $67,800 | $214,100 |
| 2019 | $7,097 | $281,900 | $67,800 | $214,100 |
| 2018 | $12,931 | $142,000 | $67,800 | $74,200 |
| 2017 | $12,999 | $142,000 | $67,800 | $74,200 |
| 2016 | $13,075 | $142,000 | $67,800 | $74,200 |
| 2015 | $11,555 | $142,000 | $67,800 | $74,200 |
| 2014 | $11,555 | $142,000 | $67,800 | $74,200 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 02/18/2025 02/18/25 | Price Changed | $1,000,000 | -2.4% | $50 / Sq Ft |
| 01/27/2025 01/27/25 | Price Changed | $1,025,000 | -3.8% | $52 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $1,065,000 | -2.3% | $54 / Sq Ft |
| 12/04/2024 12/04/24 | Price Changed | $1,090,000 | -0.9% | $55 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $1,100,000 | -4.3% | $55 / Sq Ft |
| 08/26/2024 08/26/24 | Price Changed | $1,150,000 | -14.8% | $58 / Sq Ft |
| 06/08/2024 06/08/24 | For Sale | $1,350,000 | -- | $68 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $600,000 | -- | |
| Bargain Sale Deed | $600,000 | None Available | |
| Deed | $350,000 | Robert S Beehm |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $931,000 | Commercial | |
| Closed | $457,000 | Seller Take Back |
$850,000
This 13-unit, 19 bed apartment complex offers immense potential for investors looking for a value-add opportunity. Comprised of two buildings with a mix of 1 and 2-bedroom units, the property boasts a new roof, new hot water heaters, consistent rental income, and some recent upgrades. With long-term tenants in place and ample off-street parking, this well-maintained complex is positioned for
Tara Wetherell Hage Real Estate
Source: Greater Binghamton Association of REALTORS®
MLS Number: 325955
APN: 030200-160-041-0001-021-000-0000