Renovated Duplex with Paved
For Sale
$269,900
101 Dillaye Ave Unit 3, Syracuse, NY 13206
Fully occupied two-family property with updated building systems and a fenced grassy yard.
Property Size2,012 SF
Price / SF$134.15
Days on Market72
Property Features for 101 Dillaye Ave Unit 3
General Information
Standard status
Active
Size
2,012 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Amenities
yard
privacy fence
deck
Building Details
Year Built
1890
Listing Agency:
Candy Costa Real Estate LLC
Listed By:
Christina Dischiave · License #10401345577
(315) 505-6609
Source:
Skinnercnyrealty
Added: Aug 6
Changed: Oct 4
Last Checked: Oct 7 at 1:06PM
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 Candy Costa Real Estate LLC
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Investment Insights
Based on property information with market context.
This duplex contains 2,012 SF and was comprehensively renovated with a new roof, kitchens, bathrooms, flooring, plumbing, electrical, decks, windows, interior finishes, and mechanical systems. The property was built in 1890 and has been maintained during occupancy by the owner and tenants.
The home includes a grassy yard enclosed by a privacy fence and a five-car paved parking area. It is situated on a quiet street at 101 Dillaye Ave Unit 3 in Syracuse, with access to the highway and downtown Syracuse. The property is fully occupied by long-term tenants who want to remain, and showings require an approved appointment.
The home includes a grassy yard enclosed by a privacy fence and a five-car paved parking area. It is situated on a quiet street at 101 Dillaye Ave Unit 3 in Syracuse, with access to the highway and downtown Syracuse. The property is fully occupied by long-term tenants who want to remain, and showings require an approved appointment.
Key Highlights
- 2,012 SF duplex built in 1890
- Renovated roof, kitchens, bathrooms, flooring, plumbing, electrical, windows, decks, and mechanicals
- Fully occupied by long‑term tenants who want to remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,408
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,160
$428.2K
Cap Rate 7%
$305,829
$305.8K
Cap Rate 9%
$237,867
$237.9K
Market Conditions
NOI Build-Up for 2,012 SF
Gross rent
$32.6K $16.20/SF
− Vacancy
−$2.0K −$1.00/SF
EGI
$30.6K $15.20/SF
− OpEx
−$9.2K −$4.56/SF
NOI
$21.4K $10.64/SF
Area
Syracuse, NY
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,160
Cap Rate 7%
$305,829
Cap Rate 9%
$237,867
Alternative Uses
Best Use
Multifamily LT 5
$305.8K
$267.6K – $356.8K
NOI $21,408 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$271.4K
$237.5K – $316.6K
NOI $18,997 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$349.7K
$306.0K – $407.9K
NOI $24,476 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Explore this area
Business Placement
Demographics for 13206, NY
16,599
Population
8,460
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,049
Density / Sq Mi
$60,314
Median Household Income
$40,429
Median Earnings
$952
Median Rent
$130,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-family property with updated building systems and a fenced grassy yard.
Where is this duplex located?
The property is located at 101 Dillaye Ave Unit 3 Syracuse, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2,012 SF duplex built in 1890; Renovated roof, kitchens, bathrooms, flooring, plumbing, electrical, windows, decks, and mechanicals; Fully occupied by long‑term tenants who want to remain
