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    Downtown Syracuse Office Building Title is generated by Realmo AI

    359 S Salina St, Syracuse, NY

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    26,000 SF office building for sale in Syracuse.

    Type:OFFICE
    Property size:
    26,000 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $137/SF
    Added:
    Nov 21, 2025
    Days on Market:
    202
    Last Refresh:
    May 20 at 9:37 pm

    Property Features for 359 S Salina St

    General Information

    Standard status
    Active
    Size
    26,000 SF
    Lot size
    0.05 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Todd J Drowlette

    Listing agent Todd J Drowlette

    Listing office TITAN Commercial Realty Group

    Listing date Nov 21, 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 TITAN Commercial Realty Group

    HighLights

    • 26,000 SF office building
    • For sale in Syracuse

    Overview

    A 26,000 square foot office building is available for purchase in Syracuse, New York.

    Local Financial Insights For Office B

    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 $390.0k $15.00
    − Vacancy −$56.5k −$2.18
    EGI $333.5k $12.83
    − OpEx −$83.4k −$3.21
    NOI $250.1k $9.62
    26,000 SF · lease $15.00/SF/yr · vacancy 14.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.57M
    $3.13M – $4.17M (±1% cap)
    NOI $250,088 @ 7.0% cap · market cap 7.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.52M
    $3.95M – $5.27M (±1% cap)
    NOI $316,293 @ 7.0% cap · market cap 8.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Cuse Smoothies and Refreshers Specialty Food Shop

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.152
    Latitude
    43.0472

    FAQs

    What type of property is this?
    Office building - 26,000 SF office building for sale in Syracuse.
    Where is this office building located?
    The property is located at 359 S Salina St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $3,567,324.
    What are key features of this property?
    This property features: 26,000 SF office building; For sale in Syracuse
    (518) 400-0668 Call to check price and availability
    More about this property
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