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Property profile & analytics
FOR SALE
Investment properties

1516 Valley Dr Syracuse, NY 13207

2,019 SF 0.1 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
Property ID
US63-0570284
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming, one-story, three-unit building situated on a 0.1-acre lot in Syracuse, NY. Built in 1935, the property, located at 1516 & 1522 Valley Dr (APN: 311500-070-000-0015-010-000-0000), is currently generating a monthly rental income of $1,450. The property consists of a storefront and apartment units, offering a blend of retail and multifamily uses under permitted zoning 010. The building features three units in total. This property is being sold as-is, with all faults. The seller reserves the right to set an offer deadline. A minimum 48-hour notice is required for showings due to tenant occupancy. Conveniently located near various stores, restaurants, and shops, this property offers easy access to downtown Syracuse's amenities and boasts ample off-street parking. While currently rented, this property presents a compelling cash-flow opportunity for investors. This property may be sold as a package with the adjacent property at 1516 Valley Dr, but it is not required. The asking price for this property is $117,500.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Total area 2,019 SF
Lot 0.1 ac (4,240 SF)
Zoning code 10
APN 311500 070.-15-09.0
UPID US63-0570284
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
  • Infinite design hair studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1516 Valley LLC · 3 yrs held
1516 Valley LLC
since 2023
4 recorded transactions
2025
Price N/A
2023
Price N/A
2023
Price N/A
2023
$110,000
Zoning & alternative use
10 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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