Property profile & analytics
404 Oak St Syracuse, NY 13203-2997
- Office buildings
- 19,650 SF
- 0.92 lot acres
OFF-MARKET
Value Estimations
$1,390,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1625458
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
- Willingham Cleaning Services / General Contractor
- Simply Precious Hands / Alternative Medicine Practice
- Tammy Balamut, NP in Psychiatry, PLLC / Physician
- Nana’s beauty / Hair Salon
- Northern Pike Tax Solutions / Tax Preparation
Property Details for 404 Oak St
- Year built
- 1970
- Lot size
- 0.92 lot acres
- Property size
- 19,650 SF
- Zone code
- 08 - GOVERNMENTAL
- Property type
- Office buildings
- APN
- 311500 019.-08-25.0
- APU
- 31150001908250
Description
This three-story, 19,650 square foot office building at 404 Oak Street in Syracuse, NY, is offered at $1,350,000 ($68.70/sq ft). Built in 1970, the property boasts 65 parking spaces on a 39,799 sq ft lot. Currently 98% occupied, this multi-tenant building provides a strong income stream, having maintained this high occupancy rate for the past nine years. Its excellent condition and well-maintained structure represent a low-risk investment opportunity. The building enjoys a prime location in a busy traffic corridor with easy access to major highways (690), universities, hospitals, downtown Syracuse, the post office, and the Thruway. It's also minutes from the airport and situated in the Non-Profit Mile. This property is available for purchase individually or as part of a package deal with another property (2000 Teall Ave, Syracuse, NY 13206), potentially offering a discounted price. A new owner could explore converting one or more floors to housing, leveraging grant opportunities, although the building's current high occupancy makes it a reliable income generator. Ample off-street parking is available for tenants and clients. The zip code is 13203, and the property is located in Onondaga County.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,512,000
Market price range: $1.22M - $3.00M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,950,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,105,000 Change: +8% Conversion: Difficult
- RESTAURANT
- $1,915,000 Change: -2% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1331
- Latitude
- 43.0584
- 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
$75,800
$504,200
$580,000
-
$117,519
$781,706
$899,225
