400-408 James St | Syracuse, NY 13203
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- LoopNet Team
400-408 James St
Syracuse, NY 13203
The Snowdon · Multifamily Property For Sale
·
166 Units
Investment Highlights
- Landmark multifamily/single-room occupancy (SRO) apartment building situated at the gateway to Downtown Syracuse.
- Near Interstate 81, The Snowdon is also within walking distance of Armory Square, Landmark Theatre, Salt City Market, Everson Museum of Art, and more.
- Capitalize on this attractive, value-add opportunity through stabilizing and increasing rents with a strong double-digit cash flow already in place.
- Uniquely positioned to benefit from a surrounding infrastructure overhaul, a pending housing shortage, and the arrival of 50,000 new jobs in Syracuse.
Property Facts
| No. Units | 166 | Building Size | 68,250 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1902 |
| Building Class | B | Parking Ratio | 0.44/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | 009 - Residential and commercial | ||
| No. Units | 166 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 68,250 SF |
| Average Occupancy | 80% |
| No. Stories | 6 |
| Year Built | 1902 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | 009 - Residential and commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Controlled Access
- Laundry Facilities
- Furnished Units Available
- Laundry Service
- Trash Pickup - Curbside
- Elevator
- Lounge
Property Taxes
| Parcel Number | 311500-103-000-0003-001-000-0000 | Improvements Assessment | $2,065,000 |
| Land Assessment | $122,000 | Total Assessment | $2,187,000 |
Property Taxes
Parcel Number
311500-103-000-0003-001-000-0000
Land Assessment
$122,000
Improvements Assessment
$2,065,000
Total Assessment
$2,187,000
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