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    Property profile & analytics

    701 Genesee St, Unit 5 Syracuse, NY 13210-1505

    • Hotels
    • 172,066 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 23, 2024
    $17,000,000
    Location Intelligence
    Property ID
    US63-1577575
    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

    • Amazon Locker - Burgundy / Mailing Service / E-Commerce Service
    • Redfield's Restaurant / American Restaurant / Bistro
    • Weighlock Lounge / Pub / Bar
    • Crowne Plaza Syracuse / Hotel

    Property Details for 701 Genesee St

    Year built
    1969
    Lot size
    1.22 lot acres
    Property size
    172,066 SF
    Zone code
    10
    Property type
    Hotels
    APN
    311500 048.-01-11.0
    APU
    31150004801110

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1418
    Latitude
    43.048
    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
    $1,100,000
    $9,000,000
    $10,100,000
    -
    $1,705,426
    $13,953,489
    $15,658,915

    Comparable in this City

    • Value Estimation by Request
      42,984 SF

      713 Genesee St, Unit 15

      HOTEL • 42,984 SF
      713 Genesee St, Syracuse, NY 13210-1505
      View Details
    • Value Estimation by Request
      180,000 SF

      801 University Ave

      HOTEL • 180,000 SF
      801 University Ave, Syracuse, NY 13210-1720
      View Details
    • Value Estimation by Request
      115,908 SF

      1030 Genesee St, Unit 60

      HOTEL • 115,908 SF
      1030 Genesee St, Syracuse, NY 13210-1809
      View Details
    • Value Estimation by Request
      88,790 SF

      411 University Ave

      Multifamily properties • 88,790 SF
      411 University Ave, Syracuse, NY 13210
      View Details
    • Value Estimation by Request
      58,240 SF

      Robert Dr

      Multifamily properties • 58,240 SF
      0 Robert Dr, Syracuse, NY 13210
      View Details
    • Value Estimation by Request
      0.56 Acres

      715 Fayette E To Washington E St

      VACANT COMMERCIAL LAND • 0.56 Acres
      715 Fayette E To Washington E St, Syracuse, NY 13210
      View Details

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    Similar Nearby for Lease

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      Class A office space for rent with separate delivery entrance.
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    Property Visit Statistics

    • Visits by month
      10.7k
    • Visitors by month
      2.0k
    • Avg Time on site
      346 min
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    Syracuse, NY 13210-1505
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    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
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