605-609 E Fayette St - Residential LAND FOR SALE


Syracuse, NY 13202 24,829 SF
$1,300,000 USD
315-427-5737
605-609 E Fayette St, Syracuse, NY for Sale
$1,300,000 USD
Residential LAND - FOR SALE
1/9
24,829 SF

605-609 E Fayette St
Syracuse, NY 13202


HIGHLIGHTS

  • Ideally situated between University Hill and Downtown Syracuse
  • Adjacent Land (Under I-81 Viaduct to be removed) is NYS owned and will expand future potential development lot to over 2 acres
  • MX-5 Zoning allows for maximum density for development
  • New public incentives for the creation of new housing units.

OVERVIEW

CENTRAL SYRACUSE DEVELOPMENT SITE at the crossroads of Downtown Syracuse and University Hill. Property sits next to the soon-to-be demolished I-81 Viaduct that will open up additonal contiguous development land in access of 2 acres! Area has seen tremendous growth over the last 5 years including 100's of new apartments offering a central location and easy access to the vibrant Downtown Syracuse market as well Syracuse University and the three major area Hospitals. New zoning in place allows for the maximum development under MX-5 designation that incentivizes new housing construction.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/ACRE

$2,280,720/AC

PRICE/SF

$52 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

DOWNTOWN/UNIVERSITY HOTEL/RESIDENTIAL SITE

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Dorms, Bank, Convenience Store, Drug Store, Fast Food, Health Care, Hold for Development, Loft/Creative Space, Medical, Restaurant

LAND ACRES

0.57 AC

LAND SF

24,829 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MX-5

APN/PARCEL ID

311500-103-000-0024-001-000-0000

ASK ABOUT THIS PROPERTY

Martin McDermottJF Real EstateMore Info
315-427-5737

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Martin McDermottJF Real EstateMore Info
315-427-5737

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