Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0000 Newbrook Ave Syracuse, NY 13206

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime East Syracuse industrial land, excellent location.

    Property Features for 0000 Newbrook Ave

    General Information

    Property type
    Land
    Lot Size
    334,541 SF

    We can help!

    Listing Contact
    Anthony Paone Jr
    Anthony Paone Jr

    Listing Agency: RE/MAX ONE Listing Agent: Anthony Paone Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 7.68-acre parcel of commercially zoned land presents a remarkable investment opportunity in the thriving East Syracuse commercial district of Onondaga County, New York. Located at 0000 Newbrook Avenue, Syracuse, NY 13206, this property boasts an ideal location with convenient access to major transportation arteries. Its proximity to the New York State Thruway, Route 481, and Route 690 ensures seamless connectivity for logistics and distribution businesses. The property is zoned for industrial use, offering a wide range of development possibilities. Furthermore, its strategic location places it approximately 2.9 miles from the Amazon Last Mile Facility, providing significant advantages for businesses seeking proximity to a major e-commerce hub. The asking price for this substantial land parcel is $279,000. This presents a unique chance to acquire a strategically positioned industrial property in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this exceptional investment opportunity. The property's latitude and longitude coordinates are 43.0699678 and -76.1030007 respectively.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1030007
    Latitude
    43.0699678

    Nearby Similar for Sale

    • $389,000
      4,408 SF

      Versatile Commercial Building in Syracuse

      4,408 sq ft commercial/industrial building in a busy area.
      6730 Townline Rd, Syracuse, NY 13211
      View Details
    • $450,000
      Pending

      Turnkey Restaurant Opportunity in Syracuse

      Fully renovated restaurant with equipment included, ready for immediate operation.
      210 W Seneca Tpke, Syracuse, NY 13205
      View Details
    • $149,000
      Pending

      Syracuse Two-Family Home Near University

      Two-unit property near Syracuse University with renovation potential.
      643 Westmoreland Ave, Syracuse, NY 13210
      View Details
    • $165,000
      2,080 SF

      Upgraded Two-Unit Investment Property

      Two-unit investment property with upgraded features and reliable tenants.
      314 Elliott St, Syracuse, NY 13204
      View Details
    • $1,350,000
      Pending

      Multi-Tenant Income Property in Syracuse

      Well-maintained multi-tenant property with income potential, close to amenities.
      404 Oak St, Syracuse, NY 13203
      View Details
    • $149,000
      Pending

      Fully Occupied Syracuse Triplex

      Three-family property with positive cash flow and convenient access.
      3720 S Salina St, Syracuse, NY 13205
      View Details
    • $299,000
      3,961 SF

      Spacious Income-Producing 9-Bedroom Home

      Versatile 9-bedroom home, ideal for residential or income use.
      1039 Midland Ave, Syracuse, NY 13205
      View Details
    • $159,900
      Pending

      Syracuse Two-Family Home with Garage

      Two-unit property in Syracuse with a two-car garage.
      107 Oak Pl, Syracuse, NY 13203
      View Details
    • $250,000
      1,920 SF

      Syracuse Commercial Building For Sale

      Commercial building with heated warehouse space and office, Syracuse, NY.
      401 Wolf St, Syracuse, NY 13208
      View Details
    • Contact for pricing
      1,976 SF

      Syracuse Two-Family Home for Renovation

      Two-family home in Syracuse requiring full renovation.
      226 Sabine St, Syracuse, NY 13204
      View Details
    • $160,000
      2,480 SF

      Strathmore Area Duplex Opportunity

      Two 3-bedroom units with refinished hardwood floors and updates.
      403 Laforte Ave, Syracuse, NY 13207
      View Details
    • $425,000
      6,755 SF

      610 Oak St, Syracuse

      Historic Firehouse Converted to Office Space
      610 Oak St, Syracuse, NY 13203
      View Details

    FAQs

    What type of property is this?
    Land - Prime East Syracuse industrial land, excellent location.
    Where is this land located?
    The property is located at 0000 Newbrook Ave Syracuse, NY.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: 7.68-acre commercially zoned land parcel in East Syracuse, Onondaga County, NY.; Located at 0000 Newbrook Avenue, Syracuse, NY 13206, with easy access to NY State Thruway, Route 481, and Route 690.; Zoned for industrial use, offering diverse development options.
    (315) 480-5555 Call to check price and availability
    Request Owner's contact information
    0000 Newbrook Ave Syracuse, NY 13206
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0000 Newbrook Ave
    Syracuse, NY 13206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Newbrook Ave Syracuse, NY 13206
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Anthony Paone Jr
    Anthony Paone Jr
    Real Estate License ID: 10311201430
    (315) 480-5555 (315) 420-4555 (315) 284-1700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!