Industrial Property for Sale in Syracuse, NY
- Price: $495K
- Listing type: For sale
- Asset type: Industrial Property
- Location: Syracuse, NY 13210
- Size: 5,595 SF
Description
Clear span industrial building with retail location and exposure. New roof, LED lighting and heating unit. Very close to downtown, Syracuse University, Interstates and the bus line. High traffic visibility along Erie Blvd East. Street parking (up to 17 spaces on the block) will be available on both sides of Canal Street per owner via new current road re-paving.
Market Context
This industrial in Syracuse, NY is listed for sale at $495,000 across 5,595 SF ($88/SF). It has been on the market for 206 days. Compare it against other industrial listings for sale in Syracuse, NY — <a href="/search/sale/industrial/new-york/syracuse">view the full market</a>.
As of Q4 2023, the Syracuse industrial market showed a 4.1% vacancy rate, and rents up 2.5% year over year. Source: Cushman & Wakefield Q4 2023 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Syracuse industrial market tightening or softening?
- Vacancy is around 4.1%, with asking rents rising year over year (Q4 2023).
Unified Estimate
Very Low Confidence$59.66/SF – $80.72/SF
Mid: $70.19/SF
Total estimate for 5,595 SF: $392,713
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 fort-lauderdale (similarity: 100%) with 7 comparable listings.
Contact
- Donald R. O'Leary — Associate Real Estate Broker - Pyramid Brokerage
- Donald R. O'Leary · doleary@pyramidbrokerage.com
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