Office for Sale in Syracuse, NY

  • Price: $425K
  • Listing type: For sale
  • Asset type: Office
  • Location: Syracuse, NY 13210
  • Size: 11,514 SF

Description

Well maintained and recently renovated freestanding 4,200 SF commercial building with ample parking on desirable Erie Blvd available for lease or purchase. Currently built out as office/medical with modern finishes. Minutes from I-690 Teall Ave interchange, downtown Syracuse, Erie Blvd retail corridor, and major area employers.

Market Context

This office in Syracuse, NY is listed for sale at $425,000 across 11,514 SF ($37/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

$48.73/SF – $65.92/SF

Mid: $57.33/SF

Total estimate for 11,514 SF: $660,098

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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