208 University Ave
Syracuse, NY 13210 Eastside

Price Upon Request

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. ALternate designs could yield substantially more units. 
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 $400 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 plan show one concept of 124-unit, 5-level residential building with 60 on-site parking spaces.  Alternate design could yield more units.
                            
                                Located adjacent to over $400 million in recent Student housing development within a 4-block radius
                            
                                Located on Syracuse University's Connective Corridor Bus Loop.