1313 Butternut St - Apartments FOR SALE


Syracuse, NY 13208- Northside
$1,825,000 USD
315-720-5270
1313 Butternut St, Syracuse, NY for Sale
$1,825,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1313 Butternut St
Syracuse, NY 13208
Northside


HIGHLIGHTS

  • Attractive Basis with Clear Value Add Potential
  • Strong Rental Upside
  • Desirable Unit Mix & Stable Demand

OVERVIEW

Cushman & Wakefield | Pyramid Brokerage Company has been retained to exclusively represent ownership (“Owner) in the sale of existing apartment building located at 1313 Butternut Street, Syracuse, New York 1320 8, (the “Property”). The property is a 100% occupied, 36-unit apartment building situated on the northside of the City of Syracuse. The property offers a mix of studio, 1 - and 2-bed units. Situated just minutes from Downtown Syracuse with easy access to public transportation and major highways. The Northside neighborhood is renowned for its diverse dining options, cultural attractions, and historic architecture. For more information, please reach out directly to receive the NDA.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$72 USD /SF

# OF UNITS

36

PRICE/UNIT

$50,694

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kimton Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

28,057 SF

ZONING

C

APN/PARCEL ID

311500-010-000-0018-020-000-0000

ASK ABOUT THIS PROPERTY

Jonathan WeinsteinCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-720-5270

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Jonathan WeinsteinCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-720-5270

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.