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208 University Ave
Syracuse, NY 13210 Eastside

$2,100,000 USD

Land For Sale  •  0.9 AC

Property Details

  • Property Type Land
  • Lot Size 0.9 AC
  • Zoning CA/MX-5
50 Transit Score
80 Walk Score

Description 

A PRIME residential development site suitable for multi-family or student housing construction.  Also ideal for Hotel.
The attached plans show 126-units in a 4-story building with on-site parking for 60 cars.
The property is graded, paved and fenced and currently operates as paid parking lot. 
The property is located at the intersection of University Avenue and East Fayette Street.
In the surrounding 1/4 mile, over $100 million in new student housing development has occurred over the last few years.
Excellent access to I-690 and the proposed new Crouse/Irving Exit/Entrance ramps (The new Gateway to Syracuse University).
The property is located in the Syracuse designated Opportunity Zone.

Highlights

Prime location for University Student Housing or other multi-family development or Hotel
Located in Syracuse Designated Opportunity Zone
Attached preliminary plans show a 124-unit, 5-level residential building with 60 on-site parking spaces
Located adjacent to over $100 million in Student housing development
Located on Syracuse University's Connective Corridor Bus Loop.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Syracuse Regional Transportation Center (Empire Service - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak) 6 min - 3.2 mi
AirportDriveWalkDistance
Syracuse Hancock International 13 min - 7.8 mi
Martin McDermott 315-427-5737 JF Real Estate
Martin McDermott 315-427-5737 JF Real Estate