Office Unit with Private
212 E Manlius Street, Dewitt, NY 13057
For Sale
Contact for pricing
A first-floor workspace in a two-tenant building has its own entrance and a dedicated reception area.
Property Size1,445 SF
Price / SF$1.31
Days on Market32
Property Features for 212 E Manlius Street
General Information
Standard status
Size
Total Parking Spaces
Site & Location
Highway Access
Road Access
Additional Details
Floor
Office Units
Property Use
Amenities
own entrance
reception area
kitchenette
conference room
5 private offices
printer room
shared restrooms
central air
new flooring
new LED lighting
Building Details
Tenancy
Listing Agency:
Acropolis Realty Group LLC
Listed By:
Christopher Newman · License #10301218603
(315) 396-0493
Source:
Nicholcityrealty
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 5:56AM
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 Acropolis Realty Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This first-floor office unit is part of a two-tenant building and has a separate entrance. Its layout includes a reception area, five private offices, a conference room, kitchenette, and printer room; restrooms are shared. Central air, updated flooring, and LED lighting are also in place.
The property is at the intersection of Bridge Street and E Manlius Street in East Syracuse, with access to I-690 via the Bridge Street onramp. On-site parking includes 23 spaces.
The property is at the intersection of Bridge Street and E Manlius Street in East Syracuse, with access to I-690 via the Bridge Street onramp. On-site parking includes 23 spaces.
Key Highlights
- First‑floor office suite with separate entrance
- Five private offices, conference room, kitchenette, reception area, and printer room
- 23 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,899
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,980
$278.0K
Cap Rate 7%
$198,557
$198.6K
Cap Rate 9%
$154,433
$154.4K
Market Conditions
NOI Build-Up for 1,445 SF
Gross rent
$21.7K $15.00/SF
− Vacancy
−$3.1K −$2.18/SF
EGI
$18.5K $12.83/SF
− OpEx
−$4.6K −$3.21/SF
NOI
$13.9K $9.62/SF
Area
Syracuse, NY
Vacancy
14.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,980
Cap Rate 7%
$198,557
Cap Rate 9%
$154,433
Alternative Uses
Best Use
Office B
$198.6K
$173.7K – $231.7K
NOI $13,899 @ 7.0% cap · market cap 731.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.1K
$219.7K – $293.0K
NOI $17,579 @ 7.0% cap · market cap 925.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Explore this area
Business Placement
Demographics for 13057, NY
14,676
Population
6,744
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
93%
High-School Grad
27.7 sq mi
ZIP Area
530
Density / Sq Mi
$77,908
Median Household Income
$47,531
Median Earnings
$990
Median Rent
$159,800
Median Home Value
Market
Average Price Trend$/SF for Office Units in Onondaga County, NY
Properties on Market for Office Units in Onondaga County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A first-floor workspace in a two-tenant building has its own entrance and a dedicated reception area.
Where is this office unit located?
The property is located at 212 E Manlius Street Dewitt, NY.
What are key features of this property?
This property features: First‑floor office suite with separate entrance; Five private offices, conference room, kitchenette, reception area, and printer room; 23 parking spaces
