108 Washington St Manlius, NY 13104
Two mixed-use properties with redevelopment potential in the heart of Manlius.
- Added:
- May 20, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 3 at 2:50 am
Property Features for 108 Washington St
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing office (607) 316-1689
Listing date May 20, 2026
Source Elliman
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 Eric Burrell
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Village of Manlius location: Steps from shops, restaurants, and amenities.
- Significant redevelopment potential: Ideal for mixed‑use, residential conversion, boutique commercial space, or live/work concepts.
- Substantial square footage: 13,000 sq ft (108 Washington St) + 3,000 sq ft (102 Washington St) offers expansive space.
Local Financial Insights For Office B
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 | $210.6k | $16.20 |
| − Vacancy | −$27.8k | −$2.14 |
| EGI | $182.8k | $14.06 |
| − OpEx | −$45.7k | −$3.52 |
| NOI | $137.1k | $10.55 |
