400-408 James St - Apartments FOR SALE


Syracuse, NY 13203
$5,000,000 USD
315-807-1751
400-408 James St, Syracuse, NY for Sale
$5,000,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

400-408 James St
Syracuse, NY 13203


HIGHLIGHTS

  • Beautiful brick building built in 1902.
  • Marble stairs going up to the front porch with large white pillars.

OVERVIEW

Prime investment .A great opportunity to own 179 units in downtown Syracuse area. The Snowdon is also within walking distance from downtown Syracuse (Armory Square, Landmark Theatre, Salt City Market, Everson Museum of Art, and much more). There are one (1) and two (2) bedroom apartments as well as studios apartments and single-room occupancy. The building has six (6) floors and was designed by architect Archimedes Russell and built in 1902. Cash flow already in place. It has four-foot-thick limestone foundation, and charming balconies, and also a parking lot. Snowdon is a little over a mile away from Syracuse University, Saint Joseph's hospital, SUNY Upstate Medical University, Crouse Irving, SUNY ESF, and Le Moyne College. The Snowdon is located within an 11-minute drive to the Syracuse Hancock International Airport and minutes from the Route 81 & 690.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

179

PRICE/UNIT

$27,933

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Snowdon Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1902

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

009

APN/PARCEL ID

311500-103-000-0003-001-000-0000

ASK ABOUT THIS PROPERTY

Tonya BrittonArquette & Associates,realtorsMore Info
315-807-1751

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Tonya BrittonArquette & Associates,realtorsMore Info
315-807-1751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.