212 Court Street
- -Blank Canvas Redevelopment Opportunity – Former 12-unit apartment building completely gutted to the studs, offering exceptional potential for multifamily, student housing, or workforce housing redevelopment.
- -Prime Downtown Location – Walking distance to Mirabito Stadium, restaurants, shopping, entertainment, and public transit, with approximately 7,280 vehicles per day on Court Street and a Walk Score of 75.
- -Surrounded by Major Investment – Just one block from the $45 million Confluence Court development and adjacent to 198 Court Street, which recently sold for $1.75 million, highlighting the area's strong momentum and appreciation potential.
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $325,000 |
| No. of Units: | 12 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $27,083 |
| Property Website | Click Here |
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