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    1030 Danforth St Syracuse, NY 13208

    For Sale
    $1,440,000

    Three-story apartment building with 18 units, fully leased.

    Lot size:
    0.31 Acres

    Property Features for 1030 Danforth St

    General Information

    Lot size
    0.31 Acres

    Building Details

    Year built
    1980

    Source: Howard Hanna Real Estate Agent Paul Esposito

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained 18-Unit Apartment Building

    Constructed in 1980, this well-maintained three-story building features 18 units, consisting of 14 two-bedroom units, 3 one-bedroom units, and one efficiency unit. The property includes a laundry room and storage compartments for tenants. All units are currently leased. A new flat roof was installed in 2020. Ample on-site parking is available. The building is currently self-managed and has a current Certificate of Compliance, making it a potential investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.15168
    Latitude
    43.0737879

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    FAQs

    What type of property is this?
    Apartment building - Three-story apartment building with 18 units, fully leased.
    Where is this apartment building located?
    The property is located at 1030 Danforth St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $1,440,000.
    What are key features of this property?
    This property features: - Fully leased 18-unit building providing immediate income.; - New flat roof installed in 2020.; - Ample on-site parking available.
    (315) 682-9500
    Request Owner's contact information
    1030 Danforth St Syracuse, NY 13208
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    Syracuse, NY 13208
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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
    1030 Danforth St Syracuse, NY 13208
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