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Property profile & analytics

117 Townsend St Syracuse, NY 13203

  • Office buildings
  • 3,960 SF
  • 0.20 lot acres
Value Estimation
Location Intelligence
Property ID
US63-2416031
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Red Shoes Marketing / Marketing Consultant
  • Grenick Management Co / Fast Food Restaurant / Professional Services

Property Details for 117 Townsend St

Year built
1963
Lot size
0.20 lot acres
Property size
3,960 SF
Zone code
20
Property type
Office buildings
APN
311500 103.-09-04.0
APU
31150010309040

Description

This exceptional 3,960 square foot office building presents a unique opportunity for businesses seeking a prominent location in Syracuse, New York. Situated on a 0.2-acre lot, the property boasts unparalleled convenience, being within walking distance of the vibrant downtown core and enjoying immediate access to major highways. This strategic positioning ensures effortless commutes for employees and clients alike, maximizing accessibility and minimizing travel time. The building itself is ready for immediate occupancy, offering ample space to accommodate a variety of business needs. Its substantial size provides flexibility for diverse layouts and configurations, catering to expanding businesses or those requiring significant workspace. The building's prime location, combined with its generous square footage and convenient access to transportation networks, makes it an ideal investment for businesses seeking to establish or expand their presence in a thriving urban environment. The asking price of $425,000 represents a compelling value proposition for a property of this caliber in such a desirable location. Serious inquiries are encouraged to explore this exceptional opportunity further.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $330,000
    6.5%
    $320,000
    7%
    $350,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $330,000
    Geo Method
    $365,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $295,000
    Retail
    $365,000
    Mixed-Use
    $280,000
    Hospitality
    $315,000
    Educational
    $325,000
    Residential Income
    $295,000
    Energy
    $330,000
    Income-Based Land
    $310,000
    Food Service
    $285,000

Location Insight

  • Map
  • Local Demand
City
Syracuse
County
Onondaga
State
New York
Longitude
-76.1458
Latitude
43.052
CBSA code
45060
CBSA name
SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$31,100
$167,900
$199,000
-
$48,217
$260,310
$308,527
More about this property
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