1810 Erie Blvd E, Syracuse, NY 13210
4,200 SF commercial building on Erie Blvd available for sale.
- Added:
- Oct 8, 2024
- Days on Market:
- 637
- Last Refresh:
- Jun 28 at 8:41 am
Property Features for 1810 Erie Blvd E
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Office, Retail
Listing office Cushman & Wakefield Pyramid Brokerage Company Syracuse (315) 445-8517
Listing date Oct 8, 2024
Source Crexi
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 Cushman & Wakefield Pyramid Brokerage Company Syracuse
HighLights
- Freestanding 4,200 SF commercial building
- Ample parking
- Recently renovated with modern finishes
- Currently built out as office/medical space
- Desirable Erie Blvd location
- Minutes from I‑690 Teall Ave interchange, downtown Syracuse, Erie Blvd retail corridor, and major area employers
Overview
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 | $63.0k | $15.00 |
| − Vacancy | −$9.1k | −$2.18 |
| EGI | $53.9k | $12.83 |
| − OpEx | −$13.5k | −$3.21 |
| NOI | $40.4k | $9.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1187399
- Latitude
- 43.0491685
