Financial
Distress signals
Property profile

217 Montgomery St Syracuse, NY 13202

FOR LEASE
Office buildings
Property ID
US63-4068035
53,748 SF 0.12 ac lot Built 1950
Last sale Feb 2021 · $20,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property, located at 217 Montgomery St in Syracuse, NY (13202), offers 1,000 square feet of immediately available space within the Hills Building. The building is classified as a Class "A" property and features a desirable location at the corner of Fayette and Montgomery Streets in the heart of Downtown Syracuse. This versatile space is ideal for a variety of commercial uses, including retail, office, or a combination thereof. The property boasts ample natural

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.

Mortgages

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$1.84M
Assessed land$99k
Assessed improvement$1.74M

Value estimate

· Sep 2026
$3.44M
$3.09M – $3.78M
Submarket $/SF estimate$4.05M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$99/SF
Submarket average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$62 – $153
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
13
JurisdictionONONDAGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand index
Auto Parts Store18.5
Garden Center16.5
Wholesale Shop14.7

Location

217 Montgomery St Syracuse, NY 13202
County assessor Recorded deeds · 2 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
344 Genesee, Syracuse, NY 13202-1100 $1,100,000 Feb 2025 39,245 SF
500-50 Salina S Onondaga, Syracuse, NY 13202 $8,200,000 Jul 2023 159,936 SF
235 Harrison St, Syracuse, NY 13202-3127 $950,000 Jan 2023 47,178 SF
430 Genesee, Syracuse, NY 13202-2197 $2,500,000 Jun 2022 47,952 SF
420 Genesee, Syracuse, NY 13202-2129 $2,500,000 Jun 2022 16,236 SF
600 Montgomery, Syracuse, NY 13202 $1,150,000 Feb 2022 36,684 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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