Search
Multifamily Apartment Building
For Sale
Contact for pricing

408 James St, Syracuse, NY 13203

Six-story, 175-unit multifamily building for sale with off-street parking and an included surface lot with about 30 spaces.

Property Size68,256 SF
Price / SF$84.97
Days on Market184

Property Features for 408 James St

General Information

Standard status Active
Size 68,256 SF
Class B
Total Parking Spaces 30
Property subtype Multifamily
Zoning MX-3, MX-5
Occupancy 47%
Investment Type Value Add

Additional Details

Multifamily Units 175

Building Details

Year Built 1902
Year Renovated 2026
Buildings 1
Stories 6
Units 175
Tenancy Multi
Listing Agency: Cushman & Wakefield/Pyramid Brokerage Company
Listed By: David Carnie · License #NY 10301215521
Source: Crexi
Added: Mar 7 Changed: Aug 31 Last Checked: Sep 4 at 7:49PM

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

Investment Insights

Based on property information with market context.

This six-story multifamily apartment building features 175 units and is offered for sale as a residential income property. The offering includes off-street parking on the main site and an additional parcel at 106 Burnet Avenue, Tax Map No. 103.-03-01.0.

That additional parcel is a surface lot providing approximately 30 parking spaces, supporting the property’s overall parking capacity.

Together, the two parcels present a sizable multifamily asset with current residential occupancy and dedicated off-street parking.

Key Highlights

  • Six‑story multifamily building built in 1902 in Syracuse, NY
  • 175‑unit apartment building
  • Off‑street parking included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Pet Store Florist Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

175
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,574
Businesses Nearby

Demographics for 13203, NY

16,240
Population
9,092
Households
1.8
Avg Household Size
37
Median Age
28%
College-Educated
84%
High-School Grad
1.7 sq mi
ZIP Area
9,553
Density / Sq Mi
$46,526
Median Household Income
$38,240
Median Earnings
$953
Median Rent
$148,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Six-story, 175-unit multifamily building for sale with off-street parking and an included surface lot with about 30 spaces.
Where is this apartment building located?
The property is located at 408 James St Syracuse, NY.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Six‑story multifamily building built in 1902 in Syracuse, NY; 175‑unit apartment building; Off‑street parking included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message