Historic Three-Story Mixed-Use
For Sale
$1,400,000
100 Brooklea Dr, Fayetteville, NY 13066
Fully leased historic property combines storefront, office, and apartment space within Fayetteville’s business district.
Property Size10,295 SF
Price / SF$135.99
Days on Market47
Property Features for 100 Brooklea Dr
General Information
Standard status
Active
Size
10,295 SF
Building Details
Year Built
1840
Listing Agency:
Coldwell Banker Prime Prop,Inc
Listed By:
Deborah Burr
(315) 857-7166
Source:
Rooftoprealtygroup
Added: Sep 4
Changed: Oct 9
Last Checked: Oct 7 at 1:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Prop,Inc
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Investment Insights
Based on property information with market context.
Built in 1840, this three-story mixed-use property contains 10,295 square feet across retail, office, and residential components. Two ground-level storefronts measure approximately 1,200 square feet each, while additional leased commercial space occupies the second floor with exterior access. Five apartments are separately metered and occupied by long-term tenants. The building is listed on the Historic Registry and has received ongoing maintenance and updates, including exterior painting completed within the last three years.
The property is fully leased and positioned just off E Genesee St in Fayetteville’s business district. The corridor records more than 24,000 vehicles daily and is surrounded by restaurants, shops, and professional services. Nearby parking options support access for occupants and visitors, while the central business-district setting provides walkable connections to surrounding commercial activity.
The property is fully leased and positioned just off E Genesee St in Fayetteville’s business district. The corridor records more than 24,000 vehicles daily and is surrounded by restaurants, shops, and professional services. Nearby parking options support access for occupants and visitors, while the central business-district setting provides walkable connections to surrounding commercial activity.
Key Highlights
- 10,295 SF, three‑story mixed‑use building constructed in 1840
- Two ground‑level storefronts, each approximately 1,200 sq ft
- Five apartments with separate utilities and long‑term tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,269
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,485,380
$2.5M
Cap Rate 7%
$1,775,271
$1.8M
Cap Rate 9%
$1,380,767
$1.4M
Market Conditions
NOI Build-Up for 10,295 SF
Gross rent
$185.3K $18.00/SF
− Vacancy
−$7.8K −$0.76/SF
EGI
$177.5K $17.24/SF
− OpEx
−$53.3K −$5.17/SF
NOI
$124.3K $12.07/SF
Area
Onondaga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,485,380
Cap Rate 7%
$1,775,271
Cap Rate 9%
$1,380,767
Alternative Uses
Best Use
Retail
$1.78M
$1.55M – $2.07M
NOI $124,269 @ 7.0% cap · market cap 8.88%
Second Best
Office B
$1.55M
$1.36M – $1.81M
NOI $108,573 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,240 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 13066, NY
12,949
Population
5,971
Households
2.2
Avg Household Size
48
Median Age
65%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
875
Density / Sq Mi
$121,599
Median Household Income
$70,284
Median Earnings
$1,218
Median Rent
$265,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased historic property combines storefront, office, and apartment space within Fayetteville’s business district.
Where is this mixed-use property located?
The property is located at 100 Brooklea Dr Fayetteville, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 10,295 SF, three‑story mixed‑use building constructed in 1840; Two ground‑level storefronts, each approximately 1,200 sq ft; Five apartments with separate utilities and long‑term tenants
