Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2740 Erie E Blvd, Unit 56 Syracuse, NY 13224-1204

    • Investment properties
    • 9,108 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US63-3181169
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • lucky foot spa / Massage Therapist
    • 紅頂山莊 / Soup Kitchen
    • Red Chili Restaurant - Syracuse / Sichuan Restaurant / Chinese Restaurant

    Property Details for 2740 Erie E Blvd

    Year built
    1965
    Lot size
    0.92 lot acres
    Property size
    9,108 SF
    Zone code
    21
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    311500 034.-01-05.0
    APU
    31150003401050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $400,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $440,000
      Mixed-Use
      $450,000
      Hospitality
      $435,000
      Educational
      $395,000
      Residential Income
      $415,000
      Energy
      $465,000
      Income-Based Land
      $505,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.0961
    Latitude
    43.0539
    CBSA code
    45060
    CBSA name
    SYRACUSE, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $78,100
    $321,900
    $400,000
    -
    $121,085
    $499,070
    $620,155

    Comparable in this City

    • Value Estimation by Request
      2,720 SF

      2628 Erie E Blvd

      STORE/OFFICE (MIXED USE) • 2,720 SF
      2628 Erie E Blvd, Syracuse, NY 13224-1202
      View Details
    • Value Estimation by Request
      2,100 SF

      2572 Erie E Blvd, Unit 74

      STORE/OFFICE (MIXED USE) • 2,100 SF
      2572 Erie E Blvd, Syracuse, NY 13224-1110
      View Details
    • Value Estimation by Request
      2,624 SF

      120 Westmoreland Ave

      STORE/OFFICE (MIXED USE) • 2,624 SF
      120 Westmoreland Ave, Syracuse, NY 13224-1043
      View Details
    • Value Estimation
      $550,000
      6,720 SF

      2700 Erie E Blvd

      STORE/OFFICE (MIXED USE) • 6,720 SF
      2700 Erie E Blvd, Syracuse, NY 13224-1204
      View Details
    • Value Estimation
      $345,000
      6,800 SF

      2620 Erie E Blvd, Unit 26

      STORE/OFFICE (MIXED USE) • 6,800 SF
      2620 Erie E Blvd, Syracuse, NY 13224-1202
      View Details
    • Value Estimation
      $295,000
      4,000 SF

      2211 Erie E Blvd

      STORE/OFFICE (MIXED USE) • 4,000 SF
      2211 Erie E Blvd, Syracuse, NY 13224-1103
      View Details

    Similar Nearby for Sale

    • $180,000
      2,860 SF

      Syracuse Investment Property For Sale

      Well-maintained, fully occupied duplex with hardwood floors and ample parking.
      283 Genesee Park Dr, Syracuse, NY 13224
      View Details
    • $1,900,000

      DeWitt Apartment Complex

      15-Unit Multifamily Investment
      101 Waldorf Pkwy, Syracuse, NY 13224
      View Details
    • $399,000

      Commercial Land For Sale

      Commercial land available for sale.
      2002 E Fayette St, Syracuse, NY 13224
      View Details
    • $600,000

      Land For Sale Near I-690

      Land with frontage on Simon Drive, near I-690.
      119 Simon Dr, Syracuse, NY 13224
      View Details
    • $1,800,000
      9,049 SF

      Retail Building on Erie Boulevard

      Three-tenant retail building on a busy corridor, built in 2009.
      2043 Erie Blvd East, Syracuse, NY 13224
      View Details
    • $270,000

      Updated Multifamily Property Near Universities

      Three-unit property with updated apartments, garage, and income potential.
      240 Genesee Park Dr, Syracuse, NY 13224
      View Details

    Similar Nearby for Lease

    • $1,290,000

      Erie Blvd E Retail Space

      Retail space available for lease on Erie Blvd E.
      3011 Erie Blvd E, Syracuse, NY 13224
      View Details
    • $399,000

      Turnkey Medical Office Space Available

      Professionally renovated medical office with suites, kitchen, and ample parking.
      127-29 Seeley Rd, Syracuse, NY 13224
      View Details
    • Contact for pricing
      1,740 SF

      Syracuse Automotive Repair Shop

      Prime East Side Location, 1740 sq ft
      2970 Genesee St, Syracuse, NY 13224
      View Details
    • $16 SF/Yr
      2,029 SF

      Professional Office Space Available

      2,029 SF office space with highway and university access.
      3125 East Genesee St, Syracuse, NY 13224
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2740 Erie E Blvd, Unit 56
    Syracuse, NY 13224-1204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.