News

Binghamton, NY – Iconic Downtown Binghamton, NY Building sells for $3.2 Million


Date Posted: April 10, 2017

Binghamton, NY, April 5, 2017

Pyramid Brokerage Company is pleased to have represented the seller in the sale of an iconic building located in the central business district of downtown Binghamton, NY. 49 Court Street, also known as The MetroCenter, is a
116,000 SF multi-tenant office building that sold to a local buyer for $3.2 million, in March 2017

John Current, MetroCenter Property Manager, and William Colucci, Associate Real Estate Broker, worked closely with the landlord for the last five years to turn the underperforming asset into a turn-key investment property with 97% occupancy at the time of the sale. Pyramid Brokerage Company was assigned the property management project in May 2012.

The property was purchased by Justin and Bernard Marchuska of Marchuska Brothers Construction LLC.

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