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    120 Washington St Syracuse, NY 13202

    Sponsored
    For Lease
    $12 SF/Yr

    Historic Charm, Modern Amenities, CBD Location

    Lot size:
    140,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The University Building, a stunning 10-story, 140,000 square foot traditional office building located at 120 E. Washington St., at the corner of E. Washington St. and S. Warren St. in Onondaga County, offers refined office space with historic charm. Built in 1897 and extensively renovated in 2010, this landmark property boasts unique, historical finishes and beautiful hardwood floors throughout. The building is zoned 025 and features a single building with multiple tenancies, offering flexible space options. Units range from a minimum of 500 square feet to a maximum contiguous space of 5,000 square feet, with larger spaces potentially available through combination. The building includes on-site management, high 12-foot ceilings, and convenient elevator access. A shared conference room is available for tenant use, adding to the building's collaborative atmosphere. Leasing incentives are available, making this a prime opportunity for businesses seeking a prestigious address in the heart of the Central Business District. This property presents a rare blend of historical character and modern functionality, ideal for a variety of office uses.

    Property Features for 120 Washington St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,000 SF
    Total Rate
    151083.33

    Building Details

    Year Built/Renovated
    1897/2010
    Buildings
    1
    Stories
    10

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,900 SF
    Rate per SF
    $12
    Space
    Suite 300
    Size
    500 SF
    Rate per SF
    $12
    Space
    Suite 310
    Size
    910 SF
    Rate per SF
    $12

    HighLights

    • 140,000 SF, 10‑story, traditional office building in Onondaga County.
    • Multiple tenants, spaces from 500 to 5,000 contiguous SF available.
    • Built in 1897, renovated in 2010, featuring 12' ceilings and hardwood floors.
    • Located in the Central Business District at 120 E. Washington St., corner of E. Washington & S. Warren Streets.
    • Amenities include on‑site management, leasing incentives, and a common conference room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freshy - Website Design Website Designer Elisabeth A. Barker, Attorney ... Law Firm Zimmer Law Office, ... Attorney The Grenis Law Office ... Divorce Lawyer Kenneth M. Christopher, ... Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.150811772222
    Latitude
    43.049565694356

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Charm, Modern Amenities, CBD Location
    Where is this office property / space located?
    The property is located at 120 Washington St Syracuse, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 140,000 SF, 10-story, traditional office building in Onondaga County.; Multiple tenants, spaces from 500 to 5,000 contiguous SF available.; Built in 1897, renovated in 2010, featuring 12' ceilings and hardwood floors.
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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
    120 Washington St Syracuse, NY 13202
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