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135-Unit Apartment Building
For Sale
Contact for pricing
Pending

923 James St, Syracuse, NY 13203

Apartment community in active lease-up following completed physical and operational improvements.

Property SizeContact for details
Days on Market144

Property Features for 923 James St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Opportunity Zone Yes
Multifamily Units 135
Listing Agency: Clear Investment Group LLC
Listed By: Elina Esther Margolina-Chumak · License #475196230
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 9:30AM

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 Clear Investment Group LLC

Investment Insights

Based on property information with market context.

This 135-unit apartment property is being marketed for sale while ownership continues the lease-up process. Physical and operational improvements have been completed, creating an updated operating platform for continued stabilization. The asset is located within an opportunity zone.

The property is in Syracuse, New York, near Clay and the announced Micron manufacturing project. The area is described as facing a workforce housing shortage, with Micron’s presence expected to bring 40,000 jobs over the next ten years. These regional employment and housing factors provide relevant context for the property’s ongoing lease-up.

Key Highlights

  • 135‑unit apartment property
  • Located within an opportunity zone
  • Ownership is continuing the lease‑up process

Property Analytics

Current Use

Lifestyle Apartments Syracuse Apartment Building Chestnut Crossing Syracuse Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Travel Agency Pet Store Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

135
Residential units

Location Intelligence

Trade Area within ½ mile

1,811
Businesses Nearby

Demographics for 13203, NY

16,240
Population
9,092
Households
1.8
Avg Household Size
37
Median Age
28%
College-Educated
84%
High-School Grad
1.7 sq mi
ZIP Area
9,553
Density / Sq Mi
$46,526
Median Household Income
$38,240
Median Earnings
$953
Median Rent
$148,700
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 - Apartment community in active lease-up following completed physical and operational improvements.
Where is this apartment building located?
The property is located at 923 James St Syracuse, NY.
What are key features of this property?
This property features: 135‑unit apartment property; Located within an opportunity zone; Ownership is continuing the lease‑up process
More about this property
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