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    415 Clinton St Syracuse, NY 13202

    Sponsored
    For Sale
    Contact for pricing

    Historic building, 15 apartments, restaurant space.

    Property size:
    27,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 415 S Clinton St, Syracuse, NY 13202 presents a unique investment opportunity. The four-story building, originally constructed in 1920 and extensively renovated in 2020, boasts a total of 27,080 square feet situated on a 0.12-acre lot. The property is zoned for commercial use and features a compelling blend of residential and commercial space. The residential component comprises fifteen one-bedroom apartments, complemented by a luxurious four-bedroom penthouse suite offering exclusive roof access. Adding to its appeal is a substantial commercial space exceeding 2,000 square feet, currently leased to an operating restaurant. This turnkey investment offers immediate income potential from the existing tenant. The building's recent renovation ensures modern amenities and efficient operation, minimizing future capital expenditures. Located in Onondaga County, this property benefits from its prime location in Syracuse, NY, offering convenient access to local amenities and transportation. This is an ideal opportunity for investors seeking a diversified portfolio with strong rental income and potential for future appreciation. The property's blend of residential and commercial spaces provides a resilient investment strategy, minimizing risk and maximizing returns. Don't miss this chance to acquire a well-maintained, income-generating asset in a thriving urban setting.

    Property Features for 415 Clinton St

    General Information

    Property type
    Restaurants
    Square Feet
    27,080 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built/Renovated
    1920/2020
    Stories
    4

    HighLights

    • Mixed‑use property totaling 27,080 square feet.
    • Four‑story building constructed in 1920, completely renovated in 2020.
    • Features 15 one‑bedroom apartments and a four‑bedroom penthouse with roof access.
    • Includes a 2,000+ square foot ground floor commercial space, currently leased.
    • Located on a 0.12‑acre lot at 415 S Clinton St, Syracuse, NY 13202, with Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    GILDED CLUB Cocktail Bar

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1533772
    Latitude
    43.0475638

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    FAQs

    What type of property is this?
    Restaurant - Historic building, 15 apartments, restaurant space.
    Where is this restaurant located?
    The property is located at 415 Clinton St Syracuse, NY.
    What are key features of this property?
    This property features: Mixed-use property totaling 27,080 square feet.; Four-story building constructed in 1920, completely renovated in 2020.; Features 15 one-bedroom apartments and a four-bedroom penthouse with roof access.
    Request Owner's contact information
    415 Clinton St Syracuse, NY 13202
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    Syracuse, NY 13202
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    Realmo Value Estimation

    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.

    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.

    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
    415 Clinton St Syracuse, NY 13202
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