839-841 N Salina St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
839-841 N Salina St
7,360 SF 100% Leased Retail Building Syracuse, NY 13208 £869,011 (£118/SF) 7.07% Net Initial Yield
Investment Highlights
- 100% FULLY LEASED
- LT COMMERCIAL TENANT
- RENOVATED in 2023!
Executive Summary
NEWLY RENOVATED and 100% fully leased with long-term commercial tenant. Very low maintenance/engagement!
Property contains:
1 retail space (~1,000 SF)
Four 2-BR, 1-Ba apartments
One 1-BR unit
One Studio Unit
All fully leased and current.
Landlord pays utilities on about half the units.
Property includes inbuilding washer & dryer! (NEW!)
All of the apartments have been renovated with new countertops, cabinets, appliances, floors, carpets, light fixtures and in most units, vanities. It's a really nice building and makes an excellent investment property.
Property contains:
1 retail space (~1,000 SF)
Four 2-BR, 1-Ba apartments
One 1-BR unit
One Studio Unit
All fully leased and current.
Landlord pays utilities on about half the units.
Property includes inbuilding washer & dryer! (NEW!)
All of the apartments have been renovated with new countertops, cabinets, appliances, floors, carpets, light fixtures and in most units, vanities. It's a really nice building and makes an excellent investment property.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,360 SF
Building Class
C
Year Built
1920
Price
£869,011
Price Per SF
£118
Net Initial Yield
7.07%
NOI
£61,435
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.69
Land Acres
0.10 AC
Opportunity Zone
Yes
Zoning
20
Frontage
51 ft on Salina St
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 311500-008-000-0001-009-000-0000 | Total Assessment | £82,845 |
| Land Assessment | £16,490 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £66,355 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
311500-008-000-0001-009-000-0000
Land Assessment
£16,490
Improvements Assessment
£66,355
Total Assessment
£82,845
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
-
Ryan Benz - Redev CNY
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Redev CNY
839-841 N Salina St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.