Apartment Buildings /NY /Onondaga County /Syracuse /220 Herald Pl
Apartment Buildings /NY /Onondaga County /Syracuse /220 Herald Pl

220 Herald Pl - Apartments FOR SALE


Syracuse, NY 13202- Downtown Syracuse | 
$12,000,000 USD
315-569-4345
220 Herald Pl, Syracuse, NY for Sale
$12,000,000 USD
Apartments - FOR SALE
1/28
null | 7% Cap Rate
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220 Herald Pl
Syracuse, NY 13202
Downtown Syracuse

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HIGHLIGHTS

  • Heavy daytime foot traffic
  • Lots of natural light
  • Open plan with exposed brick walls
  • 5,000 sf Restaurant on first floor
  • Walking distant to Armory Square

OVERVIEW

27 Market rate apartments with 17,000sf of retail and 1/2 acre parking lot Full set of approved right to build plans, 20 story 240 unit apartment building

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

27

PRICE/UNIT

$444,444

CAP RATE

7%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Herald Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2000

PARKING SPACES

129

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

015

APN/PARCEL ID

311500-104-000-0002-002-000-0000

ASK ABOUT THIS PROPERTY

Thomas HornsteinHorn CompaniesMore Info
315-569-4345

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Thomas HornsteinHorn CompaniesMore Info
315-569-4345

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