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Retail Space
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4453 E Genesee Street, Dewitt, NY 13214

Commercial property presented for retail, office, studio, gallery, and service-oriented uses.

Property Size14,760 SF
Price / SF$0.07
Days on Market48

Property Features for 4453 E Genesee Street

General Information

Standard status Active
Size 14,760 SF
Listing Agency: Berkshire Hathaway CNY Realty
Listed By: Maria Fong Sheehan · License #10401205543
Source: Nicholcityrealty
Added: Aug 30 Changed: Oct 4 Last Checked: Oct 14 at 10:45PM

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 Berkshire Hathaway CNY Realty

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Investment Insights

Based on property information with market context.

This 14,760-square-foot retail property is located at 4453 E Genesee Street in Dewitt, New York. The space is presented for a range of commercial applications, including retail, office, dance studio, art gallery, service-oriented business, and take-out food service uses.

Key Highlights

  • 14,760‑square‑foot retail property
  • Located at 4453 E Genesee Street, Dewitt, NY 13214
  • Presented for retail, office, studio, gallery, service, and take‑out food service uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$130,654
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,613,080 $2.6M
Cap Rate 7%
$1,866,486 $1.9M
Cap Rate 9%
$1,451,711 $1.5M
Market Conditions
NOI Build-Up for 14,760 SF
Gross rent
$194.8K $13.20/SF
− Vacancy
−$8.2K −$0.55/SF
EGI
$186.6K $12.65/SF
− OpEx
−$56.0K −$3.79/SF
NOI
$130.7K $8.85/SF
Area
Syracuse, NY
Vacancy
4.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,613,080
Cap Rate 7%
$1,866,486
Cap Rate 9%
$1,451,711

Alternative Uses

Best Use
Retail
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,654 @ 7.0% cap · market cap 13,065.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.24M – $2.99M (±1% cap)
NOI $179,557 @ 7.0% cap · market cap 17,955.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Perfect Eyebrow Threading ... Hair Salon

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Electrical Service Big Box & Wholesale Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Groceries 33% Shops & Services 27% Apparel 2%
Tops Friendly Markets Groceries
17,235 visits/mo 0.1 miles
Chili's Grill & Bar Dining
17,071 visits/mo 0.1 miles
Chase Bank Shops & Services
4,644 visits/mo 0.1 miles
Carvel Ice Cream Dining
2,790 visits/mo 0.1 miles
KeyBank Shops & Services
2,756 visits/mo 0.5 miles

Demographics for 13214, NY

9,072
Population
3,417
Households
2.7
Avg Household Size
35
Median Age
52%
College-Educated
95%
High-School Grad
3.5 sq mi
ZIP Area
2,592
Density / Sq Mi
$93,200
Median Household Income
$34,909
Median Earnings
$998
Median Rent
$218,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Commercial property presented for retail, office, studio, gallery, and service-oriented uses.
Where is this retail space located?
The property is located at 4453 E Genesee Street Dewitt, NY.
What are key features of this property?
This property features: 14,760‑square‑foot retail property; Located at 4453 E Genesee Street, Dewitt, NY 13214; Presented for retail, office, studio, gallery, service, and take‑out food service uses
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