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    Property profile & analytics
    OFF-MARKET Estimated value $1,280,000
    Office buildings

    1101 Erie E Blvd, Syracuse, NY 13210-1148

    33,936 SF 0.84 ac lot Built 1980
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-3120220
    Property summary
    AI-generated overview

    This exceptional two-story, 31,062 square foot medical office building in Syracuse, NY, presents a compelling investment opportunity. Recently renovated, the first floor boasts a modern lobby and elevator access. The upper level features numerous individual office suites arranged around a central hallway. The property offers approximately 81 parking spaces, including surface lots, street parking, and a seven-car garage, providing ample parking for patients and staff. Its strategic location within one mile of major hospitals (St. Joseph's, Crouse, SUNY Upstate, and the VA) and its proximity to downtown Syracuse and major thoroughfares make it highly desirable. Currently zoned industrial, a proposed rezoning to MX-3 is underway. The 1.09-acre lot provides significant potential for future development or expansion. This property is ideal for medical practices, traditional office users, or mixed-use development, offering a blend of convenience, accessibility, and modern amenities. The building was constructed in 1980 and sits on two stories. The APN is 311500-030-000-0008-002-000-0000 & 03000000040220000000. The asking price is $1,500,000.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1980
    Total area 33,936 SF
    Lot 0.84 ac (36,380 SF)
    Zoning code 22
    APN 311500 030.-08-02.0
    UPID US63-3120220
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Allan Yozawitz Physician
    • Dr. Allan I. Kanter, MD Ophthalmologist
    • Dr. Leon-Paul Noel, MD Ophthalmologist
    • Spitzer Kenneth H MD Ophthalmologist
    • Dr. Shari A. Carney, MD Ophthalmologist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $860k
    Blend (final) Blend
    $1.28M
    Owner & transaction history
    Tenekqua Cauthen · 4 yrs held
    Tenekqua Cauthen
    since 2021
    Last sale
    $1.4M
    1 recorded transaction
    2021
    $128,000
    Zoning & alternative use
    22 · Syracuse, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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