Renovated Office
New
For Sale
Contact for pricing
207 Pine Street, Syracuse, NY 13210
Reception space and private rooms support a range of professional office layouts.
Property Size951 SF
Price / SF$1.31
Days on Market4
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Property Features for 207 Pine Street
General Information
Standard status
Active
Size
951 SF
Listing Agency:
Century 21 Leah's Signature
Listed By:
Patrick D Haggerty · License #10301221169
(315) 652-1165
Source:
Nicholcityrealty
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 10:28PM
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 Century 21 Leah's Signature
Investment Insights
Based on property information with market context.
This renovated office unit offers approximately 951 square feet arranged with a lobby and reception area, along with individual rooms that can function as exam rooms or private offices. Utilities are included, and parking is available on site.
The property is at 207 Pine Street in Syracuse, just off Erie Boulevard. Its configuration supports professional office use, including medical, legal, accounting, or financial practices.
The property is at 207 Pine Street in Syracuse, just off Erie Boulevard. Its configuration supports professional office use, including medical, legal, accounting, or financial practices.
Key Highlights
- Approximately 951 square feet of office space
- Renovated interior with reception area and individual private rooms
- Utilities included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,867
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,340
$177.3K
Cap Rate 7%
$126,671
$126.7K
Cap Rate 9%
$98,522
$98.5K
Market Conditions
NOI Build-Up for 951 SF
Gross rent
$16.0K $16.80/SF
− Vacancy
−$1.2K −$1.26/SF
EGI
$14.8K $15.54/SF
− OpEx
−$5.9K −$6.22/SF
NOI
$8.9K $9.32/SF
Area
Syracuse, NY
Vacancy
7.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,340
Cap Rate 7%
$126,671
Cap Rate 9%
$98,522
Alternative Uses
Best Use
Office B
$130.7K
$114.3K – $152.5K
NOI $9,147 @ 7.0% cap · market cap 731.76%
Second Best
Healthcare Medical
$126.7K
$110.8K – $147.8K
NOI $8,867 @ 7.0% cap · market cap 709.36%
Theoretical Best
Office A
$165.3K
$144.6K – $192.8K
NOI $11,569 @ 7.0% cap · market cap 925.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Syracuse, NY
Frequently Asked Questions
What type of property is this?
Office units - Reception space and private rooms support a range of professional office layouts.
Where is this office units located?
The property is located at 207 Pine Street Syracuse, NY.
What are key features of this property?
This property features: Approximately 951 square feet of office space; Renovated interior with reception area and individual private rooms; Utilities included
