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    221 Herald Pl Syracuse, NY 13202

    Sponsored
    For Lease
    $225 SF/Yr

    Updated 1,600 sq ft Office in Syracuse

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,600 square foot commercial space, located at 221 Herald Place in Syracuse, Onondaga County, presents a fantastic opportunity for a single tenant. The property is classified as both traditional and creative office space, making it suitable for a variety of businesses. Situated on the first floor, this unit boasts abundant natural light, creating a bright and inviting atmosphere. The space is currently vacant and ready for immediate occupancy. Its "wide open" layout offers significant flexibility in design and configuration to suit your specific needs. The address is conveniently located near N. Franklin Street, providing easy access to major transportation routes and local amenities. The property type is listed as retail and office, reflecting its versatility and potential for a range of uses. This updated space is an ideal location for a business seeking a well-lit, spacious, and conveniently located office in a thriving area. The single-tenant occupancy ensures privacy and control over the entire space. This is a rare opportunity to secure a prime commercial space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 221 Herald Pl

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF

    Unit(s) available at that property

    Space
    Size
    1,600 SF
    Rate per SF
    $225

    HighLights

    • 1,600 square feet of updated first‑floor retail/office space in Onondaga County.
    • Single‑tenant occupancy.
    • Located at 221 Herald Place, near N. Franklin Street.
    • Features abundant natural light.
    • Property type is Retail and Office; Subtype is Traditional and Creative Office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.154824305019
    Latitude
    43.053356678101

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    FAQs

    What type of property is this?
    Office space - Updated 1,600 sq ft Office in Syracuse
    Where is this office space located?
    The property is located at 221 Herald Pl Syracuse, NY.
    What is the lease rate?
    The lease rate is $225 SF/Yr.
    What are key features of this property?
    This property features: 1,600 square feet of updated first-floor retail/office space in Onondaga County.; Single-tenant occupancy.; Located at 221 Herald Place, near N. Franklin Street.
    Request Owner's contact information
    221 Herald Pl 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
    221 Herald Pl Syracuse, NY 13202
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