Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1639 N Salina St Syracuse, NY 13208

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $615,000

    Corner lot with commercial space and four apartments, fully rented.

    Lot size:
    0.04 Acres

    Property Features for 1639 N Salina St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1940

    Source: Coldwell Banker Prime Prop,Inc Agent Susan Li

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

    Overview

    Mixed-Use Property with High Occupancy

    This mixed-use property features a corner lot with a commercial store on the first level, currently operating as an art studio with a modern design. The upper level contains four 2-bedroom apartments. The property maintains 100% occupancy and is well-maintained, with updated kitchens and bathrooms. It generates over $90,000 in rental income annually, offering a cash-on-cash return exceeding 12%. This property is presented as a turnkey operation and a solid investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -76.165162
    Latitude
    43.0697036

    Nearby Similar for Sale

    • New
      $299,000
      3,961 SF

      Spacious Income-Producing 9-Bedroom Home

      Versatile 9-bedroom home, ideal for residential or income use.
      1039 Midland Ave, Syracuse, NY 13205
      View Details
    • $995,000
      3,380 SF

      Mixed-Use Investment in Armory Square

      Prime mixed-use property in Syracuse's vibrant Armory Square neighborhood.
      317 W Fayette St, Syracuse, NY 13202
      View Details
    • $399,000
      4,408 SF

      Syracuse Commercial/Industrial Building For Sale

      4,408 sq ft commercial/industrial building in a busy area.
      6730 Townline Rd, Syracuse, NY 13211
      View Details
    • $450,000
      Pending

      Turnkey Restaurant Opportunity in Syracuse

      Fully renovated restaurant with equipment included, ready for immediate operation.
      210 W Seneca Tpke, Syracuse, NY 13205
      View Details
    • $225,000
      Pending

      Charming Two-Family Home with Fireplaces

      Spacious two-family home with fireplaces, ideal for investors or owners.
      1403 Oak St, Syracuse, NY 13203
      View Details
    • $130,000
      Pending

      Syracuse Multifamily Investment Opportunity

      Two-unit property with rental history in Strathmore area.
      214-16 Reed Ave, Syracuse, NY 13207
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Corner lot with commercial space and four apartments, fully rented.
    Where is this mixed-use property located?
    The property is located at 1639 N Salina St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - High Rental Income: Generates over $90,000 annually.; - Excellent Cash-on-Cash Return: Offers over 12% return.; - Fully Occupied: Currently at 100% occupancy.
    (315) 446-2910
    Request Owner's contact information
    1639 N Salina St Syracuse, NY 13208
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1639 N Salina St
    Syracuse, NY 13208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1639 N Salina St Syracuse, NY 13208
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.