600 James St | Syracuse, NY 13203
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- LoopNet Team
600 James St
Syracuse, NY 13203
Lifestyle Apartments Syracuse at 600 · Multifamily Property For Sale · 63 Units
Investment Highlights
- Seven-story apartment building featuring intercom entry, an elevator, on-site parking, and a laundry facility.
- Prime location just outside of downtown Syracuse, approximately a half-mile north of I-80 and I-81.
- Opportunity to acquire a cash-flowing asset with the ability to add value through leasing, approximately 93.7%-occupied as of December 14th, 2020.
- With a vacancy rate of around 4.5%, apartment rents in the Syracuse market have seen 12-month rent growth at a ±3.5% annual rate.
PROPERTY FACTS
| No. Units | 63 | Building Size | 44,485 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid Rise | Year Built/Renovated | 1922/1998 |
| Building Class | C | Parking Ratio | 0.85/1,000 SF |
| Lot Size | 0.42 AC |
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 44,485 SF |
| Average Occupancy | 94% |
| No. Stories | 7 |
| Year Built/Renovated | 1922/1998 |
| Parking Ratio | 0.85/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Crown Molding
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Gated
- Breakfast/Coffee Concierge
- Doorman
- Package Service
- Pet Play Area
- Elevator
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | - |
| 1+1 | 25 | - | - |
| 2+1 | 7 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,809,000 | |
| Land Assessment | $351,000 | Total Assessment | $4,160,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$351,000
Improvements Assessment
$3,809,000
Total Assessment
$4,160,000
zoning
| Zoning Code | MX-4 Urban Core (The MX-4 district is established to provide for pedestrian-friendly, transit-supportive areas of higher density.) |
| MX-4 Urban Core (The MX-4 district is established to provide for pedestrian-friendly, transit-supportive areas of higher density.) |
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