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620 W Erie Blvd
Syracuse, NY 13204 Westside

$8,200,000 USD

Medical For Sale • 203,768 SF

Property Details

Property Type Medical
Total Building Size 125,000 SF
Lot Size 2.21 AC
Building Class B
Year Built 1988
Tenancy Multiple
Zoning MX-3

49 Transit Score

74 Walk Score

                
                    Highlights
                
                                This Central Syracuse Investment Opportunity is located adjacent to Downtown Syracuse and near Syracuse University 
                            
                                Tremendous upside with existing NOI of $700,000.00 (8.5% cap rate) with only 70% occupancy.
                            
                                Historically strong tenant based anchored by Federal and New York State Agencies
                            
                                350 parking spaces located in lower-level garage and surrounding lots.
                            
                                Strong redevelopment opportunity with a residential component.  Over $100 million of residential investment with 1-mile of site over the last 5 years.

Amenities

Bus Line
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	2.7 mi
	6 min	-	2.7 mi
Airport	Drive	Walk	Distance
Syracuse Hancock International	12 min	-	7.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	265
Type:	Surface
Included in Rent:	Yes

Martin McDermott 315-427-5737 JF Real Estate

620 W Erie Blvd Syracuse, NY 13204 Westside