Renovated Syracuse Apartment
For Sale
$3,645,000
1312 Butternut St 20, Syracuse, NY 13208
Newly renovated, stabilized 48-unit apartment complex near Schiller Park.
Property Size41,991 SF
Days on Market158
Property Features for 1312 Butternut St 20
General Information
Standard status
Active
Size
41,991 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$39,034
Building Details
Building Size
41,991 SF
Year Built
1960
Stories
3
Units
48
Listing Agency:
Yaman Commercial
Listed By:
Stephanie Jacobson
(607) 857-3864
Source:
Elliman
Added: Mar 31
Changed: Aug 16
Last Checked: Sep 1 at 10:11PM
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 Yaman Commercial
Investment Insights
Based on property information with market context.
Available for sale is the newly-renovated and stabilized Butternut by the Park complex, centrally located in the city of Syracuse. The complex consists of 48 units that benefit from strong rental demand, easy access to public transportation, a well-established neighborhood, and immediate proximity to Schiller Park. Tenants are offered plenty of parking, bright and airy units, refreshed wood floors and many updated kitchens and baths at attractive prices, though there remains room for improvement. The location has a walk score of 64, indicating it is somewhat walkable, a bike score of 42, indicating it is somewhat bikeable, and a transit score of 42, indicating some transit options are available. This well-established and reliable complex can benefit from Syracuse's growth and increased need for workforce housing.
Key Highlights
- Newly‑renovated and stabilized 48‑unit complex.
- Strong rental demand in Syracuse.
- Centrally located with easy access to public transportation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
Demographics for 13208, NY
23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly renovated, stabilized 48-unit apartment complex near Schiller Park.
Where is this apartment building located?
The property is located at 1312 Butternut St 20 Syracuse, NY.
What is the asking price?
The asking price for this property is $3,645,000.
What are key features of this property?
This property features: Newly‑renovated and stabilized 48‑unit complex.; Strong rental demand in Syracuse.; Centrally located with easy access to public transportation.
