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215 W Fayette St

22,776 SF 82% Leased Retail Building Syracuse, NY 13202 £2,583,975 (£113/SF)

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/Office
Building Size
22,776 SF
Building Class
C
Year Built
1920
Price
£2,583,975
Price Per SF
£113
Percent Leased
82%
Tenancy
Multiple
Number of Floors
5
Building FAR
4.31
Land Acres
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 ft on Fayette St.

Amenities

  • Bus Route
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Office/Retail
  • 1,340-4,000 SF
  • Retail
  • -
  • Now

4,000SF retail space with alternative use as office space. The main entrance to the space will be from Fayette Street. Well located on outer part of Armory Square near many restaurants, shops, bars, and other retailers. Adjacent to paid parking lot and ample on-street parking available. Space has exposed brick interior and hard wood floors, as well as high ceilings.

Space Size Space Use Position Available
Office/Retail 1,340-4,000 SF Retail - Now

Office/Retail

Size
1,340-4,000 SF
Space Use
Retail
Position
-
Available
Now

Office/Retail

Size 1,340-4,000 SF
Space Use Retail
Position -
Available Now

4,000SF retail space with alternative use as office space. The main entrance to the space will be from Fayette Street. Well located on outer part of Armory Square near many restaurants, shops, bars, and other retailers. Adjacent to paid parking lot and ample on-street parking available. Space has exposed brick interior and hard wood floors, as well as high ceilings.

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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 311500-101-000-0004-005-000-0000 Improvements Assessment £1,088,978
Land Assessment £58,228 Total Assessment £1,147,206

PROPERTY TAXES

Parcel Number
311500-101-000-0004-005-000-0000
Land Assessment
£58,228
Improvements Assessment
£1,088,978
Total Assessment
£1,147,206
(315) 445-8520

  • Listing ID: 33168711

  • Date on Market: 13/09/2024

  • Last Updated:

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

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

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© 2024 CoStar Group

215 W Fayette St
(315) 445-8520 x

215 W Fayette St

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Elaina Pirro

(315) 445-8520

(315) 445-8520

Michael DeLaney

(315) 445-8526

(315) 445-8526

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