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215 W Fayette St
Syracuse, NY 13202

Retail Property For Sale

Retail Space New York Syracuse 215 W Fayette St, Syracuse, NY 13202

INVESTMENT HIGHLIGHTS

  • Building fully renovated 2017/18 including updated mechanicals, newer appliances including stainless steel & granite in kitchens.

EXECUTIVE SUMMARY

Armory Square five story apartment building with retail space. 14 residential units total and one retail/commercial space on ground floor. Building fully renovated 2017/18 including updated mechanicals, newer appliances including stainless steel & granite in kitchens. Every residential unit with washer/dryers. Ten (10) 1 bedroom, 1 bath apartments; Four (4) 2 bedroom, 2 bath apartments one of which is considered the penthouse with elevator opening directly to apartment and has a private rooftop deck. Building with frontage on both West Fayette Street and Walton Street. Upside to property some at or below market rents with a few vacancies. Confidentiality agreement for financials on property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
22,776 SF
Building Class
C
Year Built/Renovated
1920/2018
Price
$4,702,540 CAD
Price Per SF
$206.47 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
4.31
Lot Size
0.12 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
16
Parking
12 Spaces (0.53 Spaces per 1,000 SF Leased)
Frontage
30’ on Fayette St.

AMENITIES

  • Bus Line
  • Storage Space

PROPERTY TAXES

Parcel Number 311500-101-000-0004-005-000-0000 Improvements Assessment $1,983,858 CAD
Land Assessment $106,078 CAD Total Assessment $2,089,936 CAD

PROPERTY TAXES

Parcel Number
311500-101-000-0004-005-000-0000
Land Assessment
$106,078 CAD
Improvements Assessment
$1,983,858 CAD
Total Assessment
$2,089,936 CAD
 

  • Listing ID: 33168711

  • Date on Market: 2024-09-13

  • Last Updated:

  • Address: 215 W Fayette St, Syracuse, NY 13202

The Downtown Syracuse Retail Property at 215 W Fayette St, Syracuse, NY 13202 is currently available. Contact Cushman & Wakefield | Pyramid Brokerage Company for more information.

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