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Property profile & analytics
OFF-MARKET
Investment properties

223 Marcellus St Syracuse, NY 13204-2919

1,785 SF 0.05 ac lot Built 2011
Individually Owned ~ Est. High Equity
Property ID
US63-0165446
Property summary
AI-generated overview

This exceptional commercial property, located at 223 Marcellus Street in Syracuse, New York, presents a fantastic opportunity for business owners seeking a versatile and well-situated space. The building boasts a generous 3,045 square feet of usable area, offering ample room for a variety of commercial ventures. Its prime location within Syracuse provides excellent visibility and accessibility, ensuring convenient access for both customers and employees. The property sits on a 0.05-acre lot, providing sufficient space for parking or potential expansion. The asking price for this property is $189,900, representing a compelling investment opportunity in a thriving market. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment costs. This makes it an attractive option for businesses looking to establish a presence in Syracuse without extensive renovation requirements. The flexible layout allows for customization to suit diverse business needs, making it suitable for a wide range of commercial applications. Given its size, location, and price point, this property is expected to generate significant interest. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional commercial space. Don't miss this chance to secure a valuable asset in a dynamic and growing city.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2011
Total area 1,785 SF
Lot 0.05 ac (2,046 SF)
Zoning code 10
APN 311500 100.-08-01.0
UPID US63-0165446
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
  • Isaiah's Table Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rafiki Fulgence
Rafiki Fulgence
since 2025
Last sale
$169,000
4 recorded transactions
2025
$169,000
2007
Price N/A
2007
$21,000
2006
$16,000
Zoning & alternative use
10 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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