709 E Genesee St - Office FOR SALE


Syracuse, NY 13210- Eastside
$1,850,000 USD
315-427-7816
709 E Genesee St, Syracuse, NY for Sale
$1,850,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

709 E Genesee St
Syracuse, NY 13210
Eastside


HIGHLIGHTS

  • 4,500± SF retail ideal for user investor for having the benefit of 2nd floor (5) apartments fully renovated and fully leased
  • Walking distance to Syracuse University, regional hospitals, downtown Syracuse, municipal government, and East Genesee Street retail district
  • 4,500± SF of wide-open retail or office space on the first-floor space available for lease or for user/buyer
  • Building renovated in 2011 with 23-car parking
  • Within two blocks to 2,000-bed student housing (new construction)

OVERVIEW

Investment property (all apartments are fully occupied as of 9/22/25). Passthrough operating expenses equal $7.94/SF. All five (5) apartments contain hardwood floors, granite counter tops, stainless steel appliances, in-unit washing machines and dryers, flat screen televisions, and three (3) of the five (5) apartments have gas fireplaces. Total interior was taken down to the studs and rebuilt on both floors in 2014 including new porous 23 car parking lot, new exterior facade, windows and roof. Lot dimensions: 49'x357' and runs from East Genesee Street to East Fayette Street. Well located within walking distance to downtown Syracuse, Syracuse University, ESF, and State University of NY Hospital and three (3) new privately owned student housing developments within 3 city blocks of 709 East Genesee Street (1200+ new student beds). Property is adjacent to the former Crown Plaza Hotel, being converted to market rate apartments, Syracuse Stage and across the street from a proposed $40,000,000 mid-rise, new market rate apartment building.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

010

APN/PARCEL ID

311500-048-000-0001-010-000-0000

ASK ABOUT THIS PROPERTY

Michael KaletCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-427-7816

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Michael KaletCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-427-7816

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