Industrial Warehouse with
For Sale
Contact for pricing
1207 Erie Blvd E, Syracuse, NY 13210
Updated warehouse with 195 SF office and 11’ x 11’ overhead door on Erie Blvd E near I-690 access.
Property Size5,595 SF
Price / SF$75.96
Days on Market106
Property Features for 1207 Erie Blvd E
General Information
Standard status
Active
Size
5,595 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
21 ft
Heavy Power
Yes
Listing Agency:
Cushman & Wakefield | Pyramid Brokerage - Syracuse
(315) 415-2505
Listed By:
Donald O’Leary
(315) 415-2505
Source:
Moodyscre
Added: Apr 17
Changed: Jul 26
Last Checked: Jul 26 at 4:10AM
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 Cushman & Wakefield | Pyramid Brokerage - Syracuse
Investment Insights
Based on property information with market context.
This flex-style industrial property includes approximately 5,400 SF of warehouse space plus an attached 195 SF office. Improvements include a new roof, LED lighting, and a heating unit. The warehouse offers 15’ to 21’ ceiling height, with three-phase power. A single 11’ x 11’ overhead door is in place, and there may be an opportunity to add a second door.
The building is described as having great visibility and accessibility along Erie Blvd E and I-690, with a new I-690 on and off-ramp noted near the property. It is also positioned near Syracuse University, hospitals, and downtown.
Designed for functional loading and straightforward office support, the space combines warehouse utility with a modest dedicated office area for day-to-day operations.
The building is described as having great visibility and accessibility along Erie Blvd E and I-690, with a new I-690 on and off-ramp noted near the property. It is also positioned near Syracuse University, hospitals, and downtown.
Designed for functional loading and straightforward office support, the space combines warehouse utility with a modest dedicated office area for day-to-day operations.
Key Highlights
- 5,400± SF warehouse plus 195± SF office on Erie Blvd E
- Updated building with new roof, LED lighting, and heating unit
- 3‑phase power and 15’ to 21’ ceiling height in the warehouse
Financial Insights For Warehouse
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 | $38.3k | $6.84 |
| − Vacancy | −$2.6k | −$0.47 |
| EGI | $35.6k | $6.37 |
| − OpEx | −$5.3k | −$0.96 |
| NOI | $30.3k | $5.41 |
5,595 SF · lease $6.84/SF/yr · vacancy 6.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$768.8K
$672.7K – $897.0K
NOI $53,817 @ 7.0% cap · market cap 12.66%
Second Best
Flex RnD
$724.8K
$634.2K – $845.6K
NOI $50,733 @ 7.0% cap · market cap 11.94%
Theoretical Best
Office A
$972.3K
$850.8K – $1.13M
NOI $68,064 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
21 ft
Clear height
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,235
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13210, NY
23,150
Population
9,774
Households
2.4
Avg Household Size
27
Median Age
50%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
6,092
Density / Sq Mi
$38,783
Median Household Income
$20,554
Median Earnings
$1,081
Median Rent
$167,200
Median Home Value
Market
Vacancy Rate% for Office in Syracuse, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Updated warehouse with 195 SF office and 11’ x 11’ overhead door on Erie Blvd E near I-690 access.
Where is this flex space located?
The property is located at 1207 Erie Blvd E Syracuse, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 5,400± SF warehouse plus 195± SF office on Erie Blvd E; Updated building with new roof, LED lighting, and heating unit; 3‑phase power and 15’ to 21’ ceiling height in the warehouse
