Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    401 Wolf St Syracuse, NY 13208

    Sponsored
    For Sale
    $250,000

    COMMERCIAL - Syracuse, NY

    Property size:
    1,920 SF
    Lot size:
    0.08 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 28 at 10:06 am

    Property Features for 401 Wolf St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Comm
    APN
    311500-002-000-0005-020-000-0000
    Parking
    6
    Size
    1,920 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Listing Contact
    Jan Nastri

    Keller Williams Realty Syracuse (315) 701-6900

    Listing agent Jan H Nastri Jr. (315) 701-6900 License #10401205853

    Listing date Jan 28, 2026

    MLS# S1659634

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Syracuse Commercial Building For Sale

    This commercial building in Syracuse, NY, features 12 ft overhead doors and includes 1,520 square feet of heated warehouse space with tall ceilings. The property also contains a small office space in the front. A new roof has been installed. The building is located close to all amenities. The lot size is 0.0841 acres and the total property size is 1,920 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MLJ Auto & Truck ... Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    CubeSmart Self Storage, Byrne Dairy - Syracuse Cold Storage, The Savings Warehouse, Allied Van Lines Householding & Commercial Storage, Empire Archives Inc

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.147606
    Latitude
    43.065514

    Nearby Similar for Sale

    • New
      $299,000
      3,961 SF

      Spacious Income-Producing 9-Bedroom Home

      Versatile 9-bedroom home, ideal for residential or income use.
      1039 Midland Ave, Syracuse, NY 13205
      View Details
    • $399,000
      4,408 SF

      Syracuse Commercial/Industrial Building For Sale

      4,408 sq ft commercial/industrial building in a busy area.
      6730 Townline Rd, Syracuse, NY 13211
      View Details
    • $450,000
      Pending

      Turnkey Restaurant Opportunity in Syracuse

      Fully renovated restaurant with equipment included, ready for immediate operation.
      210 W Seneca Tpke, Syracuse, NY 13205
      View Details
    • $229,000
      2,028 SF

      Well-Maintained Syracuse Two-Family Property

      Fully occupied two-family property in a prime Syracuse location.
      309 Mildred Ave, Syracuse, NY 13206
      View Details
    • Contact for pricing
      2,388 SF

      Syracuse Two-Family Renovation Opportunity

      Two-family property in Syracuse, NY, needing major renovation.
      244 Garfield Ave, Syracuse, NY 13205
      View Details
    • $149,000
      2,382 SF

      Fully Occupied Syracuse Triplex

      Three-family property with positive cash flow and convenient access.
      3720 S Salina St, Syracuse, NY 13205
      View Details
    • $160,000
      2,480 SF

      Strathmore Area Duplex Opportunity

      Two 3-bedroom units with refinished hardwood floors and updates.
      403 Laforte Ave, Syracuse, NY 13207
      View Details
    • Contact for pricing
      2,232 SF

      Syracuse Two-Family Home for Sale

      Two-family home in lakefront neighborhood needing major renovation.
      106 Giminski Dr, Syracuse, NY 13204
      View Details
    • $249,900
      4,208 SF

      Syracuse Mixed-Use Redevelopment Opportunity

      Mixed-use property in Syracuse's Near West Side redevelopment area.
      200 W Seneca St & Marcellus St, Syracuse, NY 13204
      View Details
    • $199,900
      Pending

      Spacious Two-Family Home with Updates

      Two-family home with renovated upper unit and long-term tenant.
      177 Kuhl Ave, Syracuse, NY 13208
      View Details
    • $225,000
      2,534 SF

      Victorian Triplex in Syracuse, NY

      Classic Victorian triplex with versatile units, ideal for owner-occupancy.
      615 Park Ave, Syracuse, NY 13204
      View Details
    • $254,900
      Pending

      Syracuse Two-Family House with Garage

      Two-family house with three-car garage in Syracuse, New York.
      116 Pleasantview Ave, Syracuse, NY 13208
      View Details

    FAQs

    What type of property is this?
    Warehouse - Commercial building with heated warehouse space and office, Syracuse, NY.
    Where is this warehouse located?
    The property is located at 401 Wolf St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - 1520sqft heated warehouse space with TALL CEILINGS.; - 12 ft OVERHEAD DOORS for easy access.; - New roof.
    (315) 701-6900
    Request Owner's contact information
    401 Wolf St Syracuse, NY 13208
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Wolf St
    Syracuse, NY 13208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    401 Wolf St Syracuse, NY 13208
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jan Nastri
    Real Estate License ID: 10401205853
    (315) 701-6900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.