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416 W Onondaga St
Syracuse, NY 13202
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Excellent Redevelopment opportunity for multi-family. In Opportunity Zone.
  • $247,000.00 National Grid Brownfield Redevelopment Grant Previously Awarded to the property.
  • Property is located adjacent to vibrant downtown Syracuse
  • New PATHFINDER BANK under construction next door,
  • $33,400.00 Onondaga County Green Improvement Fund Previously awarded to the property.
  • Recently complete Save The Rain 92-car parking lot ($325,000.00 investment)

PROPERTY FACTS

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
18,430 SF
Building Class
C
Year Built
1965
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,143 SF
Building FAR
0.35
Lot Size
1.20 AC
Zoning
10
Parking
30 Spaces (1.63 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

ABOUT 416 W ONONDAGA ST , SYRACUSE, NY 13202

MAJOR PRICE REDUCTION! NOW $425,000.00 ($23.00/s.f.) 3-story 18,500 s.f. former office building ready for redevelopment. NEW PATHFINDER BANK under construction next door. Existing 92-car parking lot that was recently overhauled (2013) with grant by Onondaga County's Green Improvement Fund (Save-the-Rain program)--a $325,000.00 investment in the property. There is an available $247,000.00 grant that was previously awarded to the property by National Grid 's Brownfield Redevelopment Program for the interior demolition and clean out including all environmental issues. There is an available $33,400.00 grant that was previously awarded to the property by Onondaga County Department of Water Environmental Protection (WEP) for certain roof replacement items.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
311500-096-000-0014-007-000-0000
Land Assessment
$124,000
Improvements Assessment
$1,000
Total Assessment
$125,000
  • Listing ID: 18581104

  • Date on Market: 2/20/2020

  • Last Updated:

  • Address: 416 W Onondaga St, Syracuse, NY 13202

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