115 Coral Avenue, Syracuse, NY 13207
- Added:
- Apr 23, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 25 at 2:06 am
Property Features for 115 Coral Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
- Appliances
- ElectricWaterHeater, GasWaterHeater
- Standard status
- Pending
- APN
- 311500-073-000-0014-006-001-0000
- Size
- 1,296 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3095
Utilities
- Heating system
- Electric (Heating), Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1932
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Laminate
- Building materials
- WoodSiding
Listing agent Tonya Britton License #10401333644 (315) 807-1751
Listing office Empire Realty Group 5720 S Bay Road, Webster, NY (585) 347-4900
Listing date Apr 23, 2026
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.
HighLights
- Two‑unit multifamily property built in 1932
- Both units are fully occupied for immediate rental income
- Large driveway with ample off‑street parking
- Spacious side porch
- Public water source
- Heating includes electric and natural gas forced air
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $16.20 |
| − Vacancy | −$1.3k | −$1.00 |
| EGI | $19.7k | $15.20 |
| − OpEx | −$5.9k | −$4.56 |
| NOI | $13.8k | $10.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.150282
- Latitude
- 43.010001
