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Property profile & analytics
FOR LEASE
Office buildings

287 Genesee St Utica, NY 13501

15,600 SF 0.45 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US63-0423442
Property summary
AI-generated overview

This exceptional 900-square-foot office space is ideally situated in Utica, New York's vibrant downtown core, within the Genesee-Dakin building. The property boasts a newly renovated interior, offering a modern and efficient workspace suitable for a variety of professional uses. Its versatile design caters to traditional office setups, coworking arrangements, medical practices, creative agencies, or executive suites. The space is available for immediate occupancy as a single-tenant lease. Enjoy the convenience of on-site parking located at the rear of the building. This prime location offers unparalleled accessibility, being within walking distance of key city amenities. These include the newly constructed Wynn Hospital, Utica City Hall, and the Oneida County Office Building, ensuring easy access to essential services and a thriving professional community. The address is 287 Genesee Street, Utica, NY 13501. This property presents a unique opportunity to establish a presence in a dynamic and rapidly developing area of Utica. The building's strategic location and modern amenities make it an attractive option for businesses seeking a high-quality, conveniently located office space. The single-tenant occupancy ensures privacy and control over the entire space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 15,600 SF
Lot 0.45 ac (19,712 SF)
APN 301600 318.57-2-47
UPID US63-0423442
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
  • Secure Network Solutions Tech Support Center IT Consulting Firm
  • ACR Health Charitable Organization Social Service Agency
  • Temporary Site: ACR Health Care Facility Community Health Centre
  • Central Ny Labor Agency Charitable Organization Social Service Agency
  • Central New York Labor Council Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
by Request
Comparable Approach Comparable
$867k
Blend (final) Blend
$710k
Owner & transaction history
287 Genesee St LLC · 5 yrs held
287 Genesee St LLC
since 2021
Last sale
$575,000
6 recorded transactions
2021
$575,000
2020
Price N/A
2018
Price N/A
2012
$60,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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