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108-122 W Jefferson St - LOEWS LANDMARK BUILDING CONDOMINIUMS
1,576 - 4,260 SF Office Condo Units Offered at $205,000 - $555,000 Per Unit in Syracuse, NY 13202
Investment Highlights
- Iconic Historic property located in the heart of downtown Syracuse
- Residential condominium conversion opportunity for up to 7 units. (Average sale price in the building is $230.00/s.f.)
- 5th floor provides windows and views from all directions with private outdoor space
- Office condominium ownership opportunities from 1,500 sf - 10,000 sf
- Property located at the entrance to Armory Square, an arts, entertainment, dining and residential historic district
- Two existing tenants with short-term leases are a great source of income.
Executive Summary
Be a part of history in this iconic downtown Syracuse property. On the main floor, the recently renovated and expanded historic Landmark Theatre is home to traveling Broadway shows and other local and national productions. The upper floors have been converted into condominiums. The 6th, 7th and 8th floors are home to 24 newly created residential condominiums. Recent sales of these units are averaging over $230.00/s.f. The 5th Floor offers a full floor with 4 existing office condominiums that can provide a unique opportunity for downtown ownership for innovative companies. Ownership opportunities range from 1,500 sf up to the entire 10,000 sf floor. Alternate development plans would allow for the entire 5th floor to be easily converted into 7 new residential condominiums.
Property Facts
4 Units Available
Unit 500
| Unit Size | 1,648 SF | Condo Use | Office |
| Price | $215,000 | Sale Type | Investment or Owner User |
| Price Per SF | $130.46 |
| Unit Size | 1,648 SF |
| Price | $215,000 |
| Price Per SF | $130.46 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 501
| Unit Size | 4,260 SF | Condo Use | Office |
| Price | $555,000 | Sale Type | Investment or Owner User |
| Price Per SF | $130.28 |
| Unit Size | 4,260 SF |
| Price | $555,000 |
| Price Per SF | $130.28 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Sale Notes
Includes 455 sf of private outdoor space
Unit 503
| Unit Size | 1,576 SF | Condo Use | Office |
| Price | $205,000 | Sale Type | Investment or Owner User |
| Price Per SF | $130.08 |
| Unit Size | 1,576 SF |
| Price | $205,000 |
| Price Per SF | $130.08 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 504
| Unit Size | 2,507 SF | Condo Use | Office |
| Price | $250,000 | Sale Type | Investment or Owner User |
| Price Per SF | $99.72 |
| Unit Size | 2,507 SF |
| Price | $250,000 |
| Price Per SF | $99.72 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Sale Notes
Current tenant has the right to purchase the unit during their lease which expires on 8/31/26
Amenities
- 24 Hour Access
- Controlled Access
- Outdoor Seating
- Air Conditioning
- Balcony
zoning
| Zoning Code | MX-5 (Allows for a variety of high-density commercial uses as well as residential condominiums.) |
| MX-5 (Allows for a variety of high-density commercial uses as well as residential condominiums.) |
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108-122 W Jefferson St - LOEWS LANDMARK BUILDING CONDOMINIUMS
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