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Property profile & analytics
OFF-MARKET
Showrooms
1117 Fayette St Syracuse, NY 13204-2757
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-6117635
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Total area
29,063 SF
Lot
0.46 ac (20,125 SF)
Zoning code
22
APN
311500 099.-03-03.0
UPID
US63-6117635
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1117 Newco Corp · 1 yrs held
1117 Newco Corp
since 2024
Last sale
$91,248
7 recorded transactions
Zoning & alternative use
22 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$240,000
Assessed 2023
Previous assessed
$240,000
+0.0% YoY
Assessed land
$70,000
Assessed improvement
$170,000
Land market value
$108,527
Improvement market value
$263,566
Total market value
$372,093
Applied tax rate
311,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
3
Total area
29,063 SF
Lot
0.46 ac (20,125 SF)
Zoning code
22
APN
311500 099.-03-03.0
UPID
US63-6117635
Jurisdiction
ONONDAGA
Zoning & alternative use
22 · Syracuse, NYZoning 22 · permitted uses
22 · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
3
Buildings
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
1117 Newco Corp
Entity
Free & Clear · 1 yrs held
Mailing address
321 S SALINA ST FL #1, SYRACUSE, NY 13202-1603
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
—
1117 Newco Corp
—
Deed
related
$7,625,265 · Cpc Funding Spe 1 LLC
Dec 23, 2024
—
1117 Newco Corp
Stephen F Case
Warranty Deed
—
Dec 23, 2024
$91,248
Case1117 LLC
Dannan Realty LLC
Warranty Deed
$1,861,327 · Cpc Funding Spe 1 LLC
Mar 21, 2024
—
Bnz1117llc
—
Deed
related
$600,000 · Community Cap Ny INC
Nov 17, 2022
$609,375
Bnz1117 LLC
Nestfirst LLC
Deed
—
Feb 1, 2022
$320,000
Nestfirst LLC
Becko Associates LLC
Warranty Deed
$300,000 · Becko Associates LLC
Feb 23, 2021
—
Scott A Harmer
—
Deed
related
$143,800 · Empower FCU
Jul 19, 2005
$100,000
Becks Assocates LLC
Ward Sales Co INC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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