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    711 Genesee St Syracuse, NY 13210-1552
    Property profile & analytics

    711 Genesee St Syracuse, NY 13210-1552


    • Office buildings
    • 6,754 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Aug 19, 2024
    $625,000
    Property ID
    US63-0645754
    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.

    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Robert E. Lahm / Law Firm
    • Pamela J. Hunter / Council
    • Zimmerman Golda / Law Firm

    Property Details for 711 Genesee St

    Year built
    1930
    Lot size
    0.15 lot acres
    Property size
    6,754 SF
    Zone code
    10
    Property type
    Office buildings
    APN
    311500 048.-01-09.0
    APU
    31150004801090

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $420,000
      Market price range: $420k - $1.03M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $670,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $725,000
      Change: +8% Conversion: Difficult
      RESTAURANT
      $660,000
      Change: -2% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $610,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1412
    Latitude
    43.0477
    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
    $130,000
    $170,000
    $300,000
    -
    $201,550
    $263,566
    $465,116
    More about this property
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