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DeWitt Multifamily Investment Opportunity
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101 Waldorf Pkwy, Syracuse, NY 13224

15-unit apartment building near Syracuse University with upcoming upgrades.

Property SizeContact for details
Days on Market743

Property Features for 101 Waldorf Pkwy

General Information

Standard status Active
Class B
Property subtype Multifamily
Investment Type Stabilized
Net Operating Income $136,189

Building Details

Year Built 1975
Buildings 3
Stories 3
Units 15
Listing Agency: University Hill Realty
Listed By: Dan Murphy · License #NY10301206321
Source: Crexi
Added: Aug 23, 2024 Changed: Sep 3 Last Checked: Sep 2 at 8:41PM

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 University Hill Realty

Investment Insights

Based on property information with market context.

Located in DeWitt, New York, this three-story apartment building features 15 units. Situated on a quiet cul-de-sac, the property is located within a desirable school district and offers convenient access to Syracuse University, Interstate 81, and public transportation. The location provides residents with a peaceful living environment, while remaining close to restaurants, shopping, and essential services. On-site parking is available. Roofing and sidewalks/walkways are scheduled for replacement in 2024. The property's location near Syracuse University and in the high-demand DeWitt area positions it for strong rental income and potential appreciation. This building is suited for investors or those looking to expand their property portfolio.

Key Highlights

  • Prime Location: Just 4‑5 minutes from Syracuse University with easy access to Interstate 81 and public transportation.
  • Excellent School District: Located within one of DeWitt's most desirable school systems.
  • Upcoming Upgrades: All roofing and sidewalks/walkways are scheduled for replacement in 2024.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Dental Office

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

254
Businesses Nearby

Demographics for 13224, NY

8,705
Population
3,948
Households
2.2
Avg Household Size
40
Median Age
57%
College-Educated
91%
High-School Grad
2.9 sq mi
ZIP Area
3,002
Density / Sq Mi
$81,667
Median Household Income
$50,043
Median Earnings
$1,029
Median Rent
$215,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 15-unit apartment building near Syracuse University with upcoming upgrades.
Where is this apartment building located?
The property is located at 101 Waldorf Pkwy Syracuse, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Prime Location: Just 4‑5 minutes from Syracuse University with easy access to Interstate 81 and public transportation.; Excellent School District: Located within one of DeWitt's most desirable school systems.; Upcoming Upgrades: All roofing and sidewalks/walkways are scheduled for replacement in 2024.
(315) 460-0024 Call to check price and availability
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