Mixed-Use Corner
New
For Sale
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400-402 Butternut Street, Syracuse, NY 13208
Corner asset positioned within Syracuse’s established Near Northeast neighborhood, close to institutional, retail, residential, and transportation resources.
Property SizeContact for details
Days on Market7
Property Features for 400-402 Butternut Street
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Listing Agency:
Cushman & Wakefield Pyramid Brokerage Company Syracuse
Listed By:
Michael Kalet · License #NY 30KA0534709
(315) 445-8534
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 15 at 7:43AM
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 Cushman & Wakefield Pyramid Brokerage Company Syracuse
Investment Insights
Based on property information with market context.
This mixed-use property occupies the southeast corner of Butternut Street and North Townsend Street in Syracuse’s Near Northeast neighborhood. The surrounding area combines commercial and institutional uses with predominantly older residential rental properties, along with neighborhood retail, restaurants, schools, parks, and multifamily housing.
The property is less than one mile from Downtown Syracuse and offers access to Interstate 81 and Butternut Street. St. Joseph’s Health Hospital is immediately south and functions as a major employment and institutional presence in the area. Nearby redevelopment has added retail and apartment uses, while broader North Side initiatives have included streetscape work, training-center redevelopment, and planning focused on the Butternut Street corridor. The neighborhood is substantially developed and has experienced continued public and private investment.
The property is less than one mile from Downtown Syracuse and offers access to Interstate 81 and Butternut Street. St. Joseph’s Health Hospital is immediately south and functions as a major employment and institutional presence in the area. Nearby redevelopment has added retail and apartment uses, while broader North Side initiatives have included streetscape work, training-center redevelopment, and planning focused on the Butternut Street corridor. The neighborhood is substantially developed and has experienced continued public and private investment.
Key Highlights
- Southeast corner of Butternut Street and North Townsend Street
- Located in Syracuse’s Near Northeast neighborhood
- Less than one mile from Downtown Syracuse
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,182
Businesses Nearby
Explore this area
Business Placement
Demographics for 13208, NY
23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner asset positioned within Syracuse’s established Near Northeast neighborhood, close to institutional, retail, residential, and transportation resources.
Where is this mixed-use property located?
The property is located at 400-402 Butternut Street Syracuse, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Southeast corner of Butternut Street and North Townsend Street; Located in Syracuse’s Near Northeast neighborhood; Less than one mile from Downtown Syracuse
