41 Court St, Binghamton, NY for sale

Investment Overview

41 Court Street offers 39,520 SF of in-place income and redevelopment potential within two connected building sections. The property combines an operating restaurant and entertainment tenant, vacant commercial space, existing apartment buildouts and a significant historic component, allowing a new owner to pursue improvements in phases. The Court Street section includes Blazing Saddles Eatery & Saloon, which provides current commercial income, and the vacant former Galaxy Brewing space. Brewery and production infrastructure remain within the Galaxy portion, while apartment buildouts are located above both commercial spaces. The larger historic section faces the Metro Center plaza and provides a separate entrance to several additional floors. Its defining feature is the former Wamsutta Tribe No. 37 lodge hall, where painted murals, a wraparound balcony, original woodwork and an ornamental ceiling dome remain. DBD zoning and potential historic rehabilitation incentives support a range of residential, hospitality, entertainment, arts and mixed-use strategies, subject to approvals.

Investment Highlights

• 39,520 SF Mixed-Use Redevelopment Opportunity
• $60,000 Reported Annual Income from Blazin Saddles
• Vacant Former Galaxy Brewing Space with Brewery Infrastructure
• Apartment Buildouts Above Both Court Street Commercial Spaces
• Historic Wamsutta Lodge Hall with Murals and Wraparound Balcony
• Court Street Frontage and Metro Center Plaza Access
• DBD Zoning with Historic Rehabilitation Incentive Potential