40 Court

For Sale

40 Court Street, Binghamton, NY 13903

This Binghamton property for sale is located at 40 Court Street. Contact the listing broker for details on the current sale price for 40 Court. 40 Court is situated on a lot that is 0.1 acre in size.

Contacts

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 11,929 SF
  • Units 20
  • Lot Size 0.1 Acre
  • Date Updated May 13, 2026
The property sits on Court Street in central downtown Binghamton, within the Court Street Historic District and proximate to retail, dining and service amenities. The downtown core provides immediate access to regional transit, pedestrian activity and civic destinations including Government Plaza and adjacent office concentrations. The location appeals to tenants who prioritize walkability and connectivity to Binghamton University, area employers and downtown services, supporting sustained leasing performance.40 Court Street is a central downtown multifamily asset configured for high-density residential use with flexible housing layouts that appeal to student housing and group leasing markets. The building offers a mix of 2-, 5- and 6-bedroom apartments, each with their own private bathroom, spacious floor plans, large windows and in-unit amenities. Several configurations offer multiple baths and efficient layouts that support strong cash flow potential. The property includes on-site laundry and all utilities can be structured into lease agreements to simplify operations and enhance net effective rents.
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Highlights

  • 2-, 5-, and 6-bedroom units with private bathrooms in every bedroom, supporting premium student housing demand.
  • Fully leased for the 2026–2027 academic year, delivering immediate cash flow and near-term income certainty.
  • Owner leaseback in place for the commercial office at $2,000 per month, adding stable supplemental income.
  • Strong Court Street frontage in Downtown Binghamton, positioned within a high-demand, walkable rental market near transit and key demand drivers.

Getting around

  • 91/100

    Walk Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13903

Points of Interest

  • Speedway

    0.39 miles

  • Sunoco

    0.48 miles

  • Mirabito

    0.68 miles

  • Gulf

    0.70 miles

  • Citgo

    1.34 miles

  • Tesla Supercharger

    3.31 miles

  • Lot UDC

    0.21 miles

  • Binghamton General Hospital Parking

    0.76 miles

  • UHS Summit Building Parking

    0.79 miles

  • UHS Parking

    0.90 miles

  • Lot HSC2

    2.24 miles

  • Lot J

    2.31 miles

  • BAGSAI Parking

    2.33 miles

  • Lot HSC1

    2.34 miles

  • Holiday Inn Binghamton Downtown

    0.11 miles

  • The Grand Royale Hotel

    0.11 miles

  • DoubleTree

    0.20 miles

  • Red Roof Inn Binghamton North

    1.81 miles

  • Econo Lodge

    1.87 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    2.14 miles

  • Residence Inn

    2.24 miles

  • Fairfield Inn Marriott

    2.26 miles

  • Comfort Inn

    3.04 miles

  • Quality Inn & Suites

    3.09 miles

  • Boscov's

    0.08 miles

  • Plaza 5

    0.62 miles

  • A-1 Grocery & Halal Meat

    0.81 miles

  • Weis

    0.87 miles

  • Big Lots

    1.21 miles

  • Price Chopper

    1.32 miles

  • Walmart Supercenter

    2.05 miles

  • Walmart

    2.12 miles

  • NOOR Halal Food & More

    2.24 miles

  • Dollar Depot

    2.47 miles

Contact Listing Broker
Scott Warren, CCIM

SVN | Innovative Commercial Advisors

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