717-19 Ackerman Avenue, Syracuse, NY 13210
Duplex offers two three-bedroom units with modern kitchens, on-premises laundry, and off-street parking near Syracuse University.
- Added:
- Jun 10, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 8:21 am
Property Features for 717-19 Ackerman Avenue
General Information
- Standard status
- Active
- Size
- 2,538 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing agent Mark Rupprecht License #NY 30RU1016227
Listing office CBRE - Syracuse (315) 422-4200
Listing date Jun 10, 2026
Source Crexi
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 CBRE - Syracuse
HighLights
- Duplex built in 1920 with two 3‑bedroom units
- Each unit features a modern kitchen
- On‑premises laundry available
- Off‑street parking included
- Close to Syracuse University—about five short blocks to campus and three blocks to Westcott Street
Overview
The property is positioned in an off-campus area near Syracuse University, with about five short blocks to campus and roughly three blocks to Westcott Street. That proximity can make day-to-day commuting more convenient for occupants who want to be close to campus and nearby retail and services.
For buyers seeking a student housing investment, the layout provides multiple bedrooms per unit and standalone in-unit laundry access. The off-street parking added to each side may help improve day-to-day usability compared with street-only options. The duplex structure also offers straightforward ownership of two residential units within a single asset.
Local Financial Insights For Multifamily LT 5
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 | $41.1k | $16.20 |
| − Vacancy | −$2.5k | −$1.00 |
| EGI | $38.6k | $15.20 |
| − OpEx | −$11.6k | −$4.56 |
| NOI | $27.0k | $10.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1242636
- Latitude
- 43.0377466
