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    121-129 W Fayette St Syracuse, NY 13202

    For Sale
    $3,500,000

    SINGLE_FAMILY - Syracuse, NY

    Type:Office
    Property size:
    23,410 SF
    Lot size:
    0.12 Acres
    Days on Market:
    193
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 121-129 W Fayette St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Com
    APN
    311500-101-000-0005-001-001-0000
    Size
    23,410 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1825
    Floors in Building
    4
    Roof type
    Membrane, Rubber

    Rooftop Realty Group, LLC (315) 944-2198 [email protected]

    Listing agent Jacob Kippen (315) 944-2198 License #10301220490

    Listing date Jun 5, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment in Downtown Syracuse

    Located in downtown Syracuse, 121-129 W Fayette Street is a mixed-use property featuring approximately 5,300 square feet of street-level commercial space suitable for retail, office, or hospitality purposes. The commercial unit benefits from high visibility and heavy foot traffic due to its frontage on W Fayette Street and Clinton St. The property also includes 13 residential apartments, a mix of 1- and 2-bedroom units, offering comfortable layouts and updates. The upper floors of the building provide city views and proximity to downtown employers, entertainment venues, and public transportation. The property, situated on a 0.1213-acre lot, has a total size of 23,410 square feet. This property offers both commercial potential and residential income in a downtown corridor.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.153403
    Latitude
    43.048588

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential apartments in Syracuse.
    Where is this mixed-use property located?
    The property is located at 121-129 W Fayette St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime mixed-use property in downtown Syracuse offering both commercial and residential income streams.; - Approximately 5,300 sq ft of street-level commercial space with high visibility and heavy foot traffic.; - Thirteen residential apartments providing steady rental income.
    (315) 944-2198
    Request Owner's contact information
    121-129 W Fayette St Syracuse, NY 13202
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    Syracuse, NY 13202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121-129 W Fayette St Syracuse, NY 13202
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