Two-Unit Duplex with
250 Buckingham Avenue #50, Syracuse, NY 13210
For Sale
Contact for pricing
Main-floor apartment available now with off-street parking and tenant-paid utilities.
Property Size2,184 SF
Days on Market63
Property Features for 250 Buckingham Avenue #50
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
off street parking
Building Details
Building Size
Year Built
Listing Agency:
FM Realty Group
Listed By:
Donald S. Radke
(315) 637-5195
Source:
Stacyfaunce.kw
Added: Sep 13
Changed: Nov 9
Last Checked: Nov 12 at 4:18AM
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 FM Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two apartments and was built in 1920. The main-floor residence is currently available and includes three bedrooms and one bathroom, providing a straightforward residential layout for occupancy. Off-street parking is included, and the tenant is responsible for all utilities. A no-pet policy applies to the available apartment.
Key Highlights
- Two apartments in a duplex property
- Main‑floor apartment available now
- Three bedrooms and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,621
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,420
$412.4K
Cap Rate 7%
$294,586
$294.6K
Cap Rate 9%
$229,122
$229.1K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$40.1K $18.36/SF
− Vacancy
−$2.6K −$1.19/SF
EGI
$37.5K $17.17/SF
− OpEx
−$16.9K −$7.72/SF
NOI
$20.6K $9.44/SF
Area
Syracuse, NY
Vacancy
6.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,420
Cap Rate 7%
$294,586
Cap Rate 9%
$229,122
Alternative Uses
Best Use
Multifamily LT 5
$332.0K
$290.5K – $387.3K
NOI $23,238 @ 7.0% cap
Second Best
Apartment 5plus
$294.6K
$257.8K – $343.7K
NOI $20,621 @ 7.0% cap
Theoretical Best
Office A
$379.6K
$332.1K – $442.8K
NOI $26,569 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
430
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
$167,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Syracuse, NY
Properties on Market for Duplexes in Syracuse
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Main-floor apartment available now with off-street parking and tenant-paid utilities.
Where is this duplex located?
The property is located at 250 Buckingham Avenue #50 Syracuse, NY.
What are key features of this property?
This property features: Two apartments in a duplex property; Main‑floor apartment available now; Three bedrooms and one bathroom
