This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Perry Building 89 Court St
16,416 SF 41% Leased Office Building Binghamton, NY 13901 $915,000 ($56/SF)
Investment Highlights
- Designed by renowned architect Isaac Perry, built in 1876.
- Steel-framed structure, one of the few remaining in the United States.
- Pre-approved plans for 9 residential units with 18 beds on upper floors.
- Centrally located at the Chenango Street Roundabout in Downtown Binghamton.
- High visibility with 8,110 daily traffic count and a walk score of 85.
- Opportunity to purchase as part of a powerful investment package with 73 Court Street and 24 Centenary Street.
Executive Summary
Centrally located at the Chenango Street Roundabout in the heart of Historic Downtown Binghamton, this property enjoys an average daily traffic count of 8,110 and substantial foot traffic. It is within walking distance to key landmarks such as the Courthouse, County Office Building, Security Mutual, State Office Building, and City Hall, with an impressive walk score of 85.
The sale includes pre-approved development plans to convert the top three floors into housing, offering an exceptional opportunity for investors. With plans for 9 units and 18 beds, the building is positioned to generate strong rental income, especially given Downtown Binghamton’s popularity for student housing, with approximately 1,300 student beds nearby.
73 Court Street and 24 Centenary Street are also available to purchase as a package with 89 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.
Property Facts
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Floor 2 is fully built out and move-in ready for office use, featuring convenient elevator and stairwell access. This floor is thoughtfully divided into several private offices, each designed for optimal functionality. Additionally, Floor 2 boasts its own private restrooms, ensuring comfort and convenience for occupants.
Floor 3 is fully built out and move-in ready for office use, with convenient elevator and stairwell access. This floor features a spacious open reception area and a number of private offices, allowing for a more flexible layout. Each floor is equipped with private restrooms, ensuring convenience and comfort for all occupants.
The 4th floor is a blank canvas, white-boxed and ready for you to transform. Bring your vision and creativity to design a space that perfectly suits your needs.
Space | Size | Space Use | Condition | Available |
2nd Floor | 4,000 SF | Office | Full Build-Out | Now |
3rd Floor | 4,000 SF | Office | Full Build-Out | Now |
4th Floor | 4,000 SF | Office | Shell Space | Now |
2nd Floor
Size |
4,000 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
3rd Floor
Size |
4,000 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
4th Floor
Size |
4,000 SF |
Space Use |
Office |
Condition |
Shell Space |
Available |
Now |
2nd Floor
Size | 4,000 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Floor 2 is fully built out and move-in ready for office use, featuring convenient elevator and stairwell access. This floor is thoughtfully divided into several private offices, each designed for optimal functionality. Additionally, Floor 2 boasts its own private restrooms, ensuring comfort and convenience for occupants.
3rd Floor
Size | 4,000 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Floor 3 is fully built out and move-in ready for office use, with convenient elevator and stairwell access. This floor features a spacious open reception area and a number of private offices, allowing for a more flexible layout. Each floor is equipped with private restrooms, ensuring convenience and comfort for all occupants.
4th Floor
Size | 4,000 SF |
Space Use | Office |
Condition | Shell Space |
Available | Now |
The 4th floor is a blank canvas, white-boxed and ready for you to transform. Bring your vision and creativity to design a space that perfectly suits your needs.
PROPERTY TAXES
Parcel Number | 030200-160-041-0001-015-000-0000 | Improvements Assessment | $238,500 |
Land Assessment | $70,500 | Total Assessment | $309,000 |
PROPERTY TAXES
Presented by
Perry Building | 89 Court St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.