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Monroe Building Portfolio Sale

3 Properties Offered at $900,000 in Syracuse, NY

Investment Highlights

  • Great location

Executive Summary

Own a controlling share in The Monroe Building, 2nd, 3rd, and 4th floors available individually or together. Buy as an investment or an owner occupant. Great location near the court house, Civic Center, City Hall, Public Safety building. Every floor has a reception area, waiting room, conference room, resource room, kitchenette, multiple offices, and support staff areas. Desirable location for attorneys and title companies.
located in the heart of downtown Syracuse, near court house, city hall, civic center(county offices) and the public safety building.
Proforma
Year 2015
Scheduled Gross Income $213,000
Operating Expenses $130,269
Net Operating Income $82,731
-Great location
-Controlling Interest in Office Condo
-Desirable location for attorneys and title companies
-updated finishes

Property Facts

Price $900,000
Price / SF $45.49 / SF
Cap Rate 9.20%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 19,785 SF

Amenities

  • 24 Hour Access
  • Bus Line
  • Kitchen
  • Basement
  • Central Heating
  • Open-Plan
  • Listing ID: 6857546

  • Date on Market: 9/17/2015

  • Last Updated:

  • Address: Monroe Building Portfolio Sale, Syracuse, NY

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