Property profile

1911 Salina St Syracuse, NY 13205

OFF-MARKET
Warehouses
6,750 SF 0.58 ac lot Built 1930
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Property summary

AI-generated overview

This exceptional mixed-use property in Syracuse, NY, offers 6,750 square feet across a two-story building on a 0.58-acre lot. Originally built in 1930 with extensive renovations in 1960, 2020, 2021, and 2022, the property includes a spacious first floor with office and lobby areas, a large industrial storage space, two half-bathrooms, a utility sink, and a dishwasher. A large garage, now heated, offers ample parking and storage. The second floor features a private, approximately 1500 square foot, three-bedroom loft apartment with two full bathrooms and a half-bath in the laundry room. The apartment includes a kitchen with gas stove/oven, microwave, refrigerator, and a sitting area. The building boasts original tin ceilings on the first floor, a full basement with an open floor plan, and convenient access to the basement from both the interior and exterior. The property also includes four parcels, with two on S. Salina St. and two on E. Borden Ave., connected by a large parking lot and a right-of-way on E. Borden Ave. Recent upgrades include a new roof with 75-year shingles, approximately 50 new windows, new vinyl siding, fresh paint on the metal garage, a complete electrical upgrade, and an energy-efficient gas fire boiler. The property is vacant as of October 1, 2024, and zoned 010. The asking price is $599,999.

Property profile

Verified
Property type Warehouses
Year built 1930
Total area 6,750 SF
Lot 0.58 ac (25,265 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

1911 Salina St Syracuse, NY 13205
Syracuse metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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