Flex Investment Property For
6085 Old Ct St, Syracuse, NY
For Sale
Contact for pricing
42,000 SF flex space on 4.35 acres, 100% occupied.
Property Size42,000 SF
Lot Size30.10 Acres
Price / SF$69.05
Days on Market546
Property Features for 6085 Old Ct St
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Sutton Real Estate Company - Corporate
(315) 424-1111
Listed By:
Karen Cannata-LaRocca · License #NY 10401285697
(315) 391-3409
Source:
Moodyscre
Added: May 13, 2025
Changed: Oct 26
Last Checked: Nov 8 at 6:11AM
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 Sutton Real Estate Company - Corporate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 42,000 square foot flex investment property is situated on 4.35 acres. The building, originally constructed by General Electric, is currently 100% occupied. It features a sprinkler system, heating, and air conditioning throughout. The property includes five 12-foot overhead doors. Electrical capacity is supported by 800 to 1,600 amps and 3-phase power. Parking is available in a free open lot.
Key Highlights
- 100% occupied investment property
- 42,000 +/- sf flex space
- Situated on a 4.35 acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$187,220
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,744,400
$3.7M
Cap Rate 7%
$2,674,571
$2.7M
Cap Rate 9%
$2,080,222
$2.1M
Market Conditions
NOI Build-Up for 42,000 SF
Gross rent
$287.3K $6.84/SF
− Vacancy
−$19.8K −$0.47/SF
EGI
$267.5K $6.37/SF
− OpEx
−$80.2K −$1.91/SF
NOI
$187.2K $4.46/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,744,400
Cap Rate 7%
$2,674,571
Cap Rate 9%
$2,080,222
Alternative Uses
Best Use
Flex RnD
$5.44M
$4.76M – $6.35M
NOI $380,835 @ 7.0% cap · market cap 13.13%
Second Best
Industrial
$2.67M
$2.34M – $3.12M
NOI $187,220 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$7.30M
$6.39M – $8.52M
NOI $510,935 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Average Price Trend$/SF for Flex space in Syracuse, NY
Properties on Market for Flex space in Syracuse
Vacancy Rate% for Industrial in Syracuse, NY
Frequently Asked Questions
What type of property is this?
Flex space - 42,000 SF flex space on 4.35 acres, 100% occupied.
Where is this flex space located?
The property is located at 6085 Old Ct St Syracuse, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 100% occupied investment property; 42,000 +/- sf flex space; Situated on a 4.35 acre lot
