Financial
Distress signals
Property profile

3229 E Genesee St Syracuse, NY 13214

FOR SALE
Office buildings
Property ID
US63-3648878
22,988 SF 3.44 ac lot Built 1990
Last sale Jul 2021 · $2,400,000
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 23,500-square-foot medical office building in Syracuse, New York, presents a unique investment opportunity. Located at 3229 E Genesee St, Syracuse, NY 13214, this Class B building sits on a substantial 149,500-square-foot lot and offers a single, spacious unit. Previously occupied by a fully functioning diabetes and dialysis center until July 31, 2023, the property boasts a large waiting area, numerous exam and dialysis rooms, a laboratory, ample practitioner offices,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$2.54M
Assessed land$581k
Assessed improvement$1.96M

Value estimate

· Sep 2026
$3.52M
$3.16M – $3.87M
AI approach$3.74M
CAP approach$3.63M
Sales comparison$3.51M
NOI build-up
Gross scheduled income$395k
Vacancy & credit loss−$30k
Operating expenses−$146k
NOI · 6.86% cap applied$219k

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?
6.86%
$219k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
27
JurisdictionONONDAGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency51.8
Restaurant36.8
Building Supply35.4

Location

3229 E Genesee St Syracuse, NY 13214
County assessor Recorded deeds · 1 transfer 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4306 Genesee, Syracuse, NY 13214-2165 $480,000 Dec 2022 1,614 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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