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- LoopNet Team
720-722 East Fayette
Syracuse, NY 13210
Syracuse University Development Site · Land For Sale
·
0.90 AC
INVESTMENT HIGHLIGHTS
- Located in the Heart of Syracuse's University Hill neighborhood
- Located in designated Opportunity Zone
- 3-parcel offering including an existing 30,000 s.f. historic building plus two development parcels totaling .67 acres.
- Properties border planned $2 billion infrastructure project starting in 2022
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.90 AC |
| Property Subtype | Commercial | Cross Streets | Forman St |
| Proposed Use | Apartment Units | ||
| Zoning | 005 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.90 AC |
| Cross Streets | Forman St |
| Zoning | 005 |
DESCRIPTION
Three-parcel assembly in the heart Syracuse's University Hill neighborhood. Assembly includes: Parcel #1-719 East Genesee Street-A 3-story, 30,000 s.f. historic building in excellent condition ready for a new mixed-use conversion. Parcel #2-720-722 East Fayette Street (.23-acre parcel) Parcel #3-712-714 East Fayette Street (.44-acre parcel) Combined with Parcel #2 produces a .67-acre development site (163' x 179') Parcel #1 & #2 are offered together for $2,225,000.00 Parcel #3 is offered at $1,100,000.00
PROPERTY TAXES
| Parcel Number | 311500-048-000-0001-003-001-0000 | Improvements Assessment | $0 |
| Land Assessment | $234,000 | Total Assessment | $234,000 |
PROPERTY TAXES
