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Financial
Distress signals
Property profile

1370 Burnet Ave Syracuse, NY 13206

FOR SALE
Turn key restaurants
Property ID
US63-2863115
6,936 SF 0.61 ac lot Built 1960
Last sale Jan 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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1370 Burnet Ave, Syracuse, NY 13206 For Sale
$550,000 6,936 SF
1370 Burnet Ave, Syracuse, NY 13206
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Property summary

AI-generated overview

This restaurant property encompasses approximately 6,936 square feet and is configured with a well-defined guest and service layout. Interior features include a dessert case, a coat closet, and restrooms located near a lounge area with booths that provides access to a bar/tavern room. The dining areas include two sections separated by a half wall, each designed to seat approximately 40 patrons, and a larger room with a centered four-sided brick gas-fired fireplace and French doors from the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$661k
Assessed land$41k
Assessed improvement$620k

Value estimate

· Oct 2026
$345k
$311k – $380k
Submarket $/SF estimate$594k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 5.62% cap applied$31k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$67 – $170
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.62%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionONONDAGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency25.1
Law Firm22.5
Hair Salon13.0

Location

1370 Burnet Ave Syracuse, NY 13206
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1707 Burnet, Syracuse, NY 13206-3341 $190,000 Jul 2024 3,100 SF
3701 James, Syracuse, NY 13206-2537 $350,000 Aug 2023 3,558 SF
6594 Thompson, Syracuse, NY 13206-1307 $700,000 May 2023 4,534 SF
3898 New Ct, Syracuse, NY 13206-1650 $300,000 Aug 2022 3,500 SF
6555 Ridings, Syracuse, NY 13206-1202 $260,000 Apr 2022 4,076 SF
2026 Teall, Syracuse, NY 13206-1563 $200,000 Nov 2021 3,234 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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