Office for Sale in Syracuse, NY

  • Price: $1.5M
  • Listing type: For sale
  • Asset type: Office
  • Location: Syracuse, NY 13224
  • Size: 25,871 SF

Description

Former Chris the King Retreat House housed in meticulously maintained historic former mansion and dormitory style addition. Facility nestled into picturesque area of the City of Syracuse/Town of DeWitt but near universities and local schools, Downtown Syracuse and close to highways for easy access to areas within Central New York.

Market Context

This office in Syracuse, NY is listed for sale at $1,495,000 across 25,871 SF ($58/SF). It has been on the market for 206 days. Compare it against other office listings for sale in Syracuse, NY — <a href="/search/sale/office/new-york/syracuse">view the full market</a>.

As of Q4 2023, the Syracuse office market showed a 3.7% vacancy rate, and average asking rents near $16.64/SF/yr. Source: Cushman & Wakefield Q4 2023 market report.

Tight vacancy keeps competition for quality space elevated.

Office market FAQ

Is the Syracuse office market tightening or softening?
Vacancy is around 3.7% (Q4 2023).

Unified Estimate

Very Low Confidence

$26.13/SF – $35.35/SF

Mid: $30.74/SF

Total estimate for 25,871 SF: $795,275

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market cincinnati (similarity: 100%) with 23 comparable listings.

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