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Property profile & analytics
OFF-MARKET
Office buildings

117 Townsend St Syracuse, NY 13203-2336

3,960 SF 0.2 ac lot Built 1963
Entity Owned Free & Clear
Property ID
US63-2416031
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Total area 3,960 SF
Lot 0.2 ac (8,712 SF)
Zoning code 20
APN 311500 103.-09-04.0
UPID US63-2416031
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
  • Red Shoes Marketing Advertising Agency Marketing & Advertising
  • Grenick Management Co Restaurant Take-out & Catering
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
Build With Bricks LLC
Build With Bricks LLC
since 2025
1 recorded transaction
2025
$350,000
Zoning & alternative use
20 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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