Mixed-Use Retail with Residential
135 W MANLIUS ST East Syracuse, NY 13057
135 W MANLIUS ST, East Syracuse, NY, 13057
$549,900
For Sale
$549,900
Storefront space on the first floor with three fully rented apartments above, plus a full basement and private parking.
Property Size6,083 SF
Price / SF$90.40
Days on Market233
Property Features for 135 W MANLIUS ST
General Information
- Standard status
- Active
- Size
- 6,083 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1940
Listing agency
eXp Realty
(888) 276-0630
Listed by
Esmir Omerovic
(888) 276-0630
Source
Xome
Added: Nov 30, 2025 Updated: Jul 20 at 7:15PM Checked: Jul 21 at 3:11AM
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 eXp Realty
Investment Insights
Based on property information with market context.
135 W. Manlius St. in East Syracuse, NY is a mixed-use property offering a retail storefront on the first floor and three fully rented apartments upstairs. The building also includes a full basement suitable for storage or inventory needs.
The property features a private parking lot and a spacious backyard that could support outdoor seating or other events. The site is designated under mixed-use zoning, aligning with the existing combination of commercial and residential space.
Downstairs, the storefront provides a flexible space for a variety of concepts, while the upstairs units are currently rented, creating a built-in income component within a single, multi-level structure.
The property features a private parking lot and a spacious backyard that could support outdoor seating or other events. The site is designated under mixed-use zoning, aligning with the existing combination of commercial and residential space.
Downstairs, the storefront provides a flexible space for a variety of concepts, while the upstairs units are currently rented, creating a built-in income component within a single, multi-level structure.
Key Highlights
- Mixed‑use building with a first‑floor storefront plus three fully rented apartments upstairs
- Full basement for storage (interior includes 3 basement levels listed)
- Brick and vinyl exterior with brick wall fencing and rectangular lot dimensions (43 x 150)
Local Financial Insights For Specialty Retail
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 | $26.3k | $4.32 |
| − Vacancy | −$1.1k | −$0.18 |
| EGI | $25.2k | $4.14 |
| − OpEx | −$6.3k | −$1.03 |
| NOI | $18.9k | $3.10 |
6,083 SF · lease $4.32/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Retail
$1.05M
$917.8K – $1.22M
NOI $73,427 @ 7.0% cap · market cap 13.35%
Second Best
Multifamily LT 5
$924.6K
$809.1K – $1.08M
NOI $64,725 @ 7.0% cap · market cap 11.77%
Theoretical Best
Office A
$1.06M
$925.0K – $1.23M
NOI $74,000 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
American Legion
Association / Organization
Serres Donut Shop
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Storefront space on the first floor with three fully rented apartments above, plus a full basement and private parking.
Where is this triplex located?
The property is located at 135 W MANLIUS ST East Syracuse, NY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Mixed‑use building with a first‑floor storefront plus three fully rented apartments upstairs; Full basement for storage (interior includes 3 basement levels listed); Brick and vinyl exterior with brick wall fencing and rectangular lot dimensions (43 x 150)
