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Property profile & analytics
FOR LEASE
Medical Office Space
2112 Erie Blvd E, Syracuse, NY 13224
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US63-1448977
For Lease
1 / 2
Contact for pricing
2112 Erie Blvd E, Syracuse, NY 13224
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1948
Total area
15,511 SF
Lot
1.14 ac (49,658 SF)
Zoning code
21
APN
311500 036.-03-01.0
UPID
US63-1448977
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
-
Staffworks Employment Agency
-
Dr. Anumba Physician, P.C. Medical Clinic
-
The Concordia Group Wellness Center Gym & Fitness Center Alternative Medicine Practice
-
Perigord Syracuse Advertising Agency Marketing & Advertising
-
Tony Woods Corporate Office
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
Erie Bruce Corp · 14 yrs held
Erie Bruce Corp
since 2011
2 recorded transactions
Zoning & alternative use
21 · 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
$570,300
Assessed 2023
Previous assessed
$570,300
+0.0% YoY
Assessed land
$110,600
Assessed improvement
$459,700
Land market value
$171,473
Improvement market value
$712,713
Total market value
$884,186
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
For Lease
Year built
1948
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
15,511 SF
Lot
1.14 ac (49,658 SF)
Zoning code
21
APN
311500 036.-03-01.0
UPID
US63-1448977
Jurisdiction
ONONDAGA
Zoning & alternative use
21 · Syracuse, NY
Zoning 21 · permitted uses
21 · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Erie Bruce Corp
Entity
Mailing address
2112 ERIE BLVD E, SYRACUSE, NY 13224-1041
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2011
$545,000
Erie Bruce Corp
LLC Sam H Stedman Management
Deed
—
Mar 31, 2005
—
Sam H Stedman Mngmnt LLC
Sam H Stedman
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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