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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Office buildings

    711 Genesee St, Syracuse, NY 13210-1552

    6,754 SF 0.15 ac lot Built 1930
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-0645754
    Property summary
    AI-generated overview

    This exceptional 6,800 square foot free-standing office building, located at 711 E Genesee St in Syracuse, NY, presents a rare investment opportunity. Currently configured as a multi-tenant property, 3,400 square feet are immediately available for lease or purchase. The building is meticulously maintained and enjoys a prime location within the vibrant Syracuse University neighborhood, catering to both university-affiliated businesses and downtown professionals. Its strategic position benefits from the proximity to a burgeoning residential area, with over 400 new apartments planned nearby, ensuring a strong and growing tenant pool. The property's creative and executive office subtypes offer versatile space suitable for a variety of businesses. The address is 711 E Genesee St, Syracuse, NY 13210. This is a unique chance to acquire a well-situated property in a rapidly developing area of Syracuse, offering significant potential for growth and return on investment. The building's size and location make it ideal for a single large tenant or multiple smaller businesses. The existing infrastructure is in excellent condition, minimizing upfront capital expenditures. The high visibility and convenient access further enhance the property's appeal. This is a truly exceptional opportunity to own a piece of Syracuse's thriving commercial landscape.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1930
    Total area 6,754 SF
    Lot 0.15 ac (6,370 SF)
    Zoning code 10
    APN 311500 048.-01-09.0
    UPID US63-0645754
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Robert E. Lahm Law Firm
    • Pamela J. Hunter Council
    • Zimmerman Golda Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $420k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Zayns World LLC · 1 yrs held
    Zayns World LLC
    since 2024
    Last sale
    $625,000
    2 recorded transactions
    2024
    $625,000
    2011
    $135,000
    Zoning & alternative use
    10 · Syracuse, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $725,000 +8.0%
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