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Renovated 48-Unit Apartment Complex
New
For Sale
$3,645,000

1312 Butternut St Unit 20, Syracuse, NY 13208

Renovated apartment community with updated kitchens, baths, and wood flooring.

Property Size41,991 SF
Price / SF$86.80
Days on Market5

Property Features for 1312 Butternut St Unit 20

General Information

Standard status Active
Size 41,991 SF
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 48

Building Details

Year Built 1960
Listing Agency: Yaman Commercial Industrial
Listed By: Stephanie Jacobson
Source: Skinnercnyrealty
Added: Sep 7 Last Checked: Sep 11 at 2:20PM

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 Industrial

Investment Insights

Based on property information with market context.

Butternut by the Park is a 48-unit apartment complex totaling 41,991 square feet. The buildings were constructed in 1960 and have undergone renovation, including refreshed wood flooring and updates to numerous kitchens and bathrooms. Units are described as bright and airy, with on-site parking serving the community.

The property is located at 1312 Butternut St Unit 20 in Syracuse, NY 13208, near Schiller Park and public transportation. Its established surrounding neighborhood and access to transit support day-to-day residential use. The apartment community is presented as stabilized and serves a workforce-housing market.

Key Highlights

  • 48‑unit apartment complex totaling 41,991 square feet
  • Renovated buildings with refreshed wood flooring
  • Updated kitchens and bathrooms in numerous units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated apartment community with updated kitchens, baths, and wood flooring.
Where is this apartment building located?
The property is located at 1312 Butternut St Unit 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: 48‑unit apartment complex totaling 41,991 square feet; Renovated buildings with refreshed wood flooring; Updated kitchens and bathrooms in numerous units
More about this property
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