Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Robert Dr Syracuse, NY 13210

    For Sale
    $16,120,000

    52 Units, High Occupancy, Prime Location

    Property size:
    58,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a portfolio of 52 student housing townhomes situated on a substantial 4-acre lot in Syracuse, NY, just steps from Syracuse University. The property comprises 26 separate duplex buildings, each featuring three bedrooms and 1.5 bathrooms. Many units have undergone complete renovations within the last decade, ensuring high-quality accommodations. The townhomes are fully furnished, contributing to consistently excellent occupancy rates and a strong tenant base. The property's strategic location, directly on the South Campus bus line, provides unparalleled convenience for students. One unit currently serves as a management office. Detailed financial information is available upon request. The property consists of 26 separate tax parcels, with a combined total square footage of 58,240. This is a rare chance to acquire a significant, contiguous parcel in a highly desirable university-adjacent location. The two-story buildings offer a comfortable and efficient layout, maximizing space and appeal to students. This is an ideal investment for those seeking a stable, high-yield property with significant growth potential.

    Property Features for 0 Robert Dr

    General Information

    Property type
    Multifamily properties
    Square Feet
    58,240 SF
    Lot Size
    174,240 SF

    Building Details

    Buildings
    26
    Stories
    2
    Units
    52
    Property Profile Location Intelligence

    Current Use by Public Records

    Dormitories

    Map

    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.13138392
    Latitude
    43.02513523

    Nearby Similar for Sale

    • $284,900
      Pending

      Spacious Two-Family Near University

      Well-maintained two-family near university, ideal for investors or owner-occupants.
      108 Judson St, Syracuse, NY 13210
      View Details
    • $299,000
      3,961 SF

      Spacious Income-Producing 9-Bedroom Home

      Versatile 9-bedroom home, ideal for residential or income use.
      1039 Midland Ave, Syracuse, NY 13205
      View Details
    • $995,000
      3,380 SF

      Mixed-Use Investment in Armory Square

      Prime mixed-use property in Syracuse's vibrant Armory Square neighborhood.
      317 W Fayette St, Syracuse, NY 13202
      View Details
    • $399,000
      4,408 SF

      Syracuse Commercial/Industrial Building For Sale

      4,408 sq ft commercial/industrial building in a busy area.
      6730 Townline Rd, Syracuse, NY 13211
      View Details
    • $450,000
      Pending

      Turnkey Restaurant Opportunity in Syracuse

      Fully renovated restaurant with equipment included, ready for immediate operation.
      210 W Seneca Tpke, Syracuse, NY 13205
      View Details
    • $160,000
      2,874 SF

      Three-Unit Property in Syracuse, NY

      Three-unit property configured as a two-family home, sold as-is.
      163 W Matson Ave, Syracuse, NY 13205
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 52 Units, High Occupancy, Prime Location
    Where is this multifamily property located?
    The property is located at Robert Dr Syracuse, NY.
    What is the asking price?
    The asking price for this property is $16,120,000.
    Request Owner's contact information
    Robert Dr Syracuse, NY 13210
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Robert Dr
    Syracuse, NY 13210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Robert Dr Syracuse, NY 13210
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.