Property profile

405 Spencer St Syracuse, NY 13204

OFF-MARKET
Turn key restaurants
Property ID
US63-0185840
9,460 SF 0.46 ac lot Built 2018
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Total area 9,460 SF
Lot 0.46 ac (20,090 SF)
Zoning code 16
APN 311500 118.-01-05.1
UPID US63-0185840

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bar & Pub Restaurant
  • Furniture & Home Goods Home Decor Store

Location

405 Spencer St Syracuse, NY 13204-1339
Syracuse metro Census 100 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2025
Last sale
$2.2M
4 recorded transactions
2025
$2.2M
2018
Price N/A
2013
$172,500
2007
$117,345

Zoning & alternative use

16 · Syracuse, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 405 Spencer St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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