3-Unit Multifamily
121-123 Pulaski Street 23, Syracuse, NY 13204
For Sale
New
$339,000
Two separate buildings provide a duplex and a single-family residence, with access points for each unit.
Property Size3,203 SF
Days on Market7
Property Features for 121-123 Pulaski Street 23
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Blue Diamonds Property Manage.
Listed By:
Carlotta Brown · License #35BR0732897
(315) 458-4636
Source:
Griffith-realty
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 1:53PM
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 Blue Diamonds Property Manage.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1910 multifamily property comprises two buildings and three units: a two-family home at the front and a separate single-family residence behind it. The front apartments each have entrances at both the front and rear. The rear residence has a front entrance and a basement exit. Updates have been made to the property over the past few years.
The property is within walking distance of the planned aquarium and the developing lakefront park and entertainment areas. Destiny Mall is 4–5 blocks away, and Routes 81 and 690 and downtown Syracuse are nearby.
The property is within walking distance of the planned aquarium and the developing lakefront park and entertainment areas. Destiny Mall is 4–5 blocks away, and Routes 81 and 690 and downtown Syracuse are nearby.
Key Highlights
- Three units across two buildings: a front duplex and a rear single‑family residence
- Front apartments have both front and rear entry; rear residence has front access and a basement exit
- Built in 1910; updated over the past few years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,242
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,840
$604.8K
Cap Rate 7%
$432,029
$432.0K
Cap Rate 9%
$336,022
$336.0K
Market Conditions
NOI Build-Up for 3,203 SF
Gross rent
$58.8K $18.36/SF
− Vacancy
−$3.8K −$1.19/SF
EGI
$55.0K $17.17/SF
− OpEx
−$24.7K −$7.72/SF
NOI
$30.2K $9.44/SF
Area
Syracuse, NY
Vacancy
6.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,840
Cap Rate 7%
$432,029
Cap Rate 9%
$336,022
Alternative Uses
Best Use
Apartment 5plus
$432.0K
$378.0K – $504.0K
NOI $30,242 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$556.6K
$487.1K – $649.4K
NOI $38,965 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
Demographics for 13204, NY
19,752
Population
10,410
Households
1.9
Avg Household Size
31
Median Age
26%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
4,593
Density / Sq Mi
$42,585
Median Household Income
$35,609
Median Earnings
$1,054
Median Rent
$97,400
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Syracuse, NY
Properties on Market for Multifamily properties in Syracuse
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate buildings provide a duplex and a single-family residence, with access points for each unit.
Where is this multifamily property located?
The property is located at 121-123 Pulaski Street 23 Syracuse, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Three units across two buildings: a front duplex and a rear single‑family residence; Front apartments have both front and rear entry; rear residence has front access and a basement exit; Built in 1910; updated over the past few years
