411-413 University Ave
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411-413 University Ave
0.29 Acres of Residential Land Offered at $6,000,000 in Syracuse, NY 13210
Investment Highlights
- Great redevelopment opportunity.
- Ideal location for apartments.
Executive Summary
The .29 acre site offers an opportunity to develop a residential building or hotel in an emerging Syracuse University neighborhood.
Property Facts
| Price | $6,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.29 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Price | $6,000,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.29 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 0.29 AC |
| Price Per AC | $20,689,655 |
| Price | $6,000,000 |
| Price Per AC | $20,689,655 |
| Lot Size | 0.29 AC |
Two parcels located in a prime location for a new apartment complex. Located in a hot Syracuse market, this lot is perfect for a developer to come in and create something amazing.
Description
2 Multi-family buildings with a total of 10 units are currently on the property and would need to be demolished.
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 311500-048-000-0011-012-000-0000 | Improvements Assessment | $110,000 |
| Land Assessment | $113,000 | Total Assessment | $223,000 |
PROPERTY TAXES
Parcel Number
311500-048-000-0011-012-000-0000
Land Assessment
$113,000
Improvements Assessment
$110,000
Total Assessment
$223,000
zoning
| Zoning Code | MX-4 (The MX-4 Zone District is established to provide for pedestrian-friendly, transit-supportive areas of higher density residential development.) |
| MX-4 (The MX-4 Zone District is established to provide for pedestrian-friendly, transit-supportive areas of higher density residential development.) |
-
Norman Roth -
University Hill Realty
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411-413 University Ave
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