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    Syracuse Multi-Tenant Investment Opportunity Title is generated by Realmo AI

    223 Pulaski St, Syracuse, NY

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    11,858 SF multi-tenant building on 2.1+/- acres for sale.

    Type:INDUSTRIAL
    Property size:
    11,858 SF
    Lot size:
    2.25 Acres
    Price / SF:
    $151/SF
    Added:
    Jul 23, 2025
    Days on Market:
    327
    Last Refresh:
    May 19 at 10:33 pm

    Property Features for 223 Pulaski St

    General Information

    Standard status
    Active
    Size
    11,858 SF
    Lot size
    2.25 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Tom Lischak
    Tom Lischak

    Listing agent Tom Lischak

    Listing office Bridgeway Commercial Realty | Syracuse

    Listing date Jul 23, 2025

    Source Moodyscre

    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 Bridgeway Commercial Realty | Syracuse

    HighLights

    • 100% occupancy with a long‑term tenant, ensuring immediate returns.
    • 11,858 SF multi‑tenant building on a 2.1+\/- acre parcel.
    • Highly visible location between two corners, one signalized.
    • Versatile space suitable for various businesses.
    • Features include 16' ceiling height and two drive‑in doors.
    • Includes a fenced yard and upstairs offices.

    Overview

    Located at 223 Pulaski Street, Syracuse, NY, this property presents an investment opportunity. The multi-tenant building spans 11,858 square feet and is situated on a 2.1+/- acre parcel. The property benefits from high visibility and is positioned between two corners, one of which is signalized. The building is currently 100% occupied with a long-term tenant. Features include a 16' ceiling height, two drive-in doors, a fenced yard, and upstairs offices. These attributes make the property versatile and suitable for various business needs.

    Local Financial Insights For Flex RnD

    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 $177.9k $15.00
    − Vacancy −$12.5k −$1.05
    EGI $165.4k $13.95
    − OpEx −$57.9k −$4.88
    NOI $107.5k $9.07
    11,858 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.54M
    $1.34M – $1.79M (±1% cap)
    NOI $107,522 @ 7.0% cap · market cap 5.97%
    Second Best
    Warehouse
    $916.9K
    $802.3K – $1.07M (±1% cap)
    NOI $64,185 @ 7.0% cap · market cap 3.57%
    Theoretical Best
    Office A
    $2.06M
    $1.80M – $2.40M (±1% cap)
    NOI $144,254 @ 7.0% cap · market cap 8.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Universal Sales & Accessories (Bike/Boat/Book/etc) Store First Roofing Roofing Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Planet Self Storage — 901 Hiawatha Blvd W, Syracuse, NY 13204
    • Detail Office Inc. — 1224 W Genesee St, Syracuse, NY 13204
    • B&C Storage — 100 Wilkinson St, Syracuse, NY 13204
    • The Savings Warehouse — 1323 N Salina St, Syracuse, NY 13208
    • Life Storage - Syracuse — 430 Spencer St, Syracuse, NY 13204

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1727
    Latitude
    43.059

    FAQs

    What type of property is this?
    Warehouse - 11,858 SF multi-tenant building on 2.1+/- acres for sale.
    Where is this warehouse located?
    The property is located at 223 Pulaski St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 100% occupancy with a long‑term tenant, ensuring immediate returns.; 11,858 SF multi‑tenant building on a 2.1+\/- acre parcel.; Highly visible location between two corners, one signalized.
    (315) 430-0443 Call to check price and availability
    More about this property
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