BINGHAMTON, NEW YORK – A historic building in downtown Binghamton, vacant for over four years, is back on the market with hopes of attracting new tenants.
Local developer and broker John Maczko is marketing 95 Court Street for investors from Long Island, with an asking price near $1.8 million. Built in 1930, the property originally housed First National Bank and later served as the corporate headquarters for Crowley Foods.
Maczko highlighted the building’s striking architecture, including intricate woodwork, marble, and wrought iron detailing throughout the atrium, as well as a 40-foot-high ceiling on the second floor. The site also features Binghamton’s first escalator. Five street-level storefronts have been renovated and are move-in ready, potentially generating enough rental income to nearly cover the mortgage.
The property includes roughly 35 parking spaces in an adjacent lot on Chenango Street. The basement contains two large bank vaults, and the upper floors offer 20,000 square feet of office space. Maczko said the building could serve as a corporate headquarters or be converted to mixed-use, with potential luxury residential units on the upper levels.
Previously owned by developer Isaac Anzaroot, the building was lost to foreclosure in 2023 despite significant prior investment. Maczko confirmed the property is currently under contract but emphasized it remains available to other interested developers until the sale closes.
The building was last occupied in May 2021, when tenants, including the Broome County Arts Council and several law firms, had to relocate after the city condemned the structure due to an outdated fire alarm system.