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

    406 Main St Syracuse, NY 13212-1666

    • Investment properties
    • 2,944 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Apr 14, 2022
    $314,000
    Location Intelligence
    Property ID
    US63-2237367
    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

    • Hoa's Custom Tailoring / Tailor
    • N Main Street Deli & Convenience / Deli
    • Beauty Nail & Spa / Nail Salon

    Property Details for 406 Main St

    Year built
    1966
    Lot size
    0.41 lot acres
    Property size
    2,944 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    312201 015.-04-50.0
    APU
    31220101504500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $325,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $385,000
      Mixed-Use
      $295,000
      Hospitality
      $315,000
      Educational
      $385,000
      Residential Income
      $370,000
      Energy
      $380,000
      Income-Based Land
      $315,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1276
    Latitude
    43.14
    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
    $10,000
    $170,000
    $180,000
    -
    $13,889
    $236,111
    $250,000

    Comparable in this City

    • Value Estimation by Request
      2,036 SF

      5606 Bear Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,036 SF
      5606 Bear Rd, N Syracuse, NY 13212-1648
      View Details
    • Value Estimation by Request
      6,759 SF

      5344 Taft Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,759 SF
      5344 Taft Rd, N Syracuse, NY 13212-2706
      View Details
    • Value Estimation by Request
      3,801 SF

      5260 Taft Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,801 SF
      5260 Taft Rd, N Syracuse, NY 13212-2704
      View Details
    • Value Estimation by Request
      2,206 SF

      511 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,206 SF
      511 Main St, N Syracuse, NY 13212-2813
      View Details
    • Value Estimation
      $345,000
      3,895 SF

      427 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,895 SF
      427 Main St, N Syracuse, NY 13212-2863
      View Details
    • Value Estimation
      $145,000
      2,101 SF

      207 Melrose Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,101 SF
      207 Melrose Dr, N Syracuse, NY 13212-3620
      View Details

    Similar Nearby for Sale

    • $1,195,000
      9.00 Acres

      9 Acres Buckley Rd, Clay, NY

      Prime Senior Housing Development Land
      0 Buckley Rd, Salina, NY 13212
      View Details
    • $175,000
      1.67 Acres

      Allen Road Office Park Land

      Syracuse Commercial Land: Build-to-Suit Opportunity
      5248 Witz Dr, Syracuse, NY 13212
      View Details
    • $1,900,000
      1.35 Acres

      Taft Road Retail Site

      Prime 1.35-acre commercial land
      109 Taft Rd, North Syracuse, NY 13212
      View Details
    • $2,415,252
      10,640 SF

      Retail Property Near Syracuse Airport

      Long-term NNN lease with investment grade tenant near airport.
      6054 E Taft Rd, Syracuse, NY 13212
      View Details
    • $299,000

      Commercial Land Near Route 81

      1.3 acre commercial lot with direct access to Route 81.
      6225 E Taft Rd, Syracuse, NY 13212
      View Details
    • $2,500,000

      Land Adjacent to Interstate Rt.

      11.69 acre site with excellent visibility and accessibility.
      7224 Eastman Rd, Syracuse, NY 13212
      View Details

    Similar Nearby for Lease

    • $4,900 /Mo
      6,528 SF

      Renovated Warehouse with Flexible Space

      Stand-alone, renovated warehouse with potential for two separate units.
      6263 E Taft Rd, Syracuse, NY 13212
      View Details
    • $18 SF/Yr
      96,084 SF

      Class A Office Park Space

      Class A office space available in Syracuse, New York.
      301 Plainfield Rd, Syracuse, NY 13212
      View Details
    • $18 SF/Yr
      53,992 SF

      Class A Suburban Office Park

      Class A office space available for rent in Syracuse, NY.
      231 Salina Meadows Pkwy, Syracuse, NY 13212
      View Details
    • $18 SF/Yr
      53,992 SF

      Class A Suburban Office Space

      Available November 2025, Class A office park with amenities.
      231 Salina Meadows Pkwy, Syracuse, NY 13212
      View Details
    • Contact for pricing
      4,440 SF

      Retail Space with Road Frontage

      Retail space with frontage on Bear and Buckley Roads.
      7575 Buckley Rd, Syracuse, NY 13212
      View Details
    • $16 SF/Yr
      21,422 SF

      Prime Office Building, N. Syracuse

      Free-standing, 21,422 SF, 110 parking spaces
      125 Elwood Davis Rd, Syracuse, NY 13212
      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.
    406 Main St
    Syracuse, NY 13212-1666
    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.