Entitled Multifamily Development
201 S Crouse Ave, Syracuse, NY 13210
For Sale
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Shovel-ready 0.58-acre site for 88-unit studio apartment project.
Property Size25,254 SF
Lot Size0.58 Acres
Price / SF$104.54
Days on Market280
Property Features for 201 S Crouse Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Listing Agency:
University Hill Realty
Listed By:
Dan Murphy · License #NY10301206321
(315) 460-0024
Source:
Crexi
Added: Feb 3
Changed: Oct 26
Last Checked: Nov 8 at 6:11AM
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 University Hill Realty
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Investment Insights
Based on property information with market context.
This 0.58-acre development site offers a multifamily opportunity in Syracuse’s University Hill neighborhood. All municipal approvals, permissions, and design work are in place for an 88-unit studio apartment project. The site is located off the Syracuse University campus and within the city’s primary medical district, near Syracuse University, Crouse Hospital, SUNY Upstate Medical University, and the VA Medical Center. The location is near Interstate 81 and I-690, providing access to Downtown Syracuse, Armory Square, arts and cultural venues, dining, shopping, and neighborhood services. The property lies within a federally designated Opportunity Zone. The site is suitable for an 88-unit studio community.
Key Highlights
- Shovel‑ready multifamily development site with full municipal approvals and design work in place for an 88‑unit studio apartment project.
- Located in the highly desirable University Hill neighborhood, a strong and resilient rental market.
- Strategically positioned near Syracuse University, Crouse Hospital, SUNY Upstate Medical University, and the VA Medical Center.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,898
Businesses Nearby
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Business Placement
Demographics for 13210, NY
23,150
Population
9,774
Households
2.4
Avg Household Size
27
Median Age
50%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
6,092
Density / Sq Mi
$38,783
Median Household Income
$20,554
Median Earnings
$1,081
Median Rent
$167,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready 0.58-acre site for 88-unit studio apartment project.
Where is this residential land & home lot located?
The property is located at 201 S Crouse Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $2,640,000.
What are key features of this property?
This property features: Shovel‑ready multifamily development site with full municipal approvals and design work in place for an 88‑unit studio apartment project.; Located in the highly desirable University Hill neighborhood, a strong and resilient rental market.; Strategically positioned near Syracuse University, Crouse Hospital, SUNY Upstate Medical University, and the VA Medical Center.
