Office for Sale in Syracuse, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Syracuse, NY 13202

Description

123,400 Class A Office Building Washington Station is the premier Class A multi-tenant office building in downtown Syracuse. A prime location for office tenants with corporate environmental, social, and governance (ESG) policies in place, the property was constructed in 2010 to LEED Silver standards with advanced energy management technology, and one of the region‘s first "green" roofs to maximize surface water management. The 123,400 SF property currently has one 3,041 SF suite available for lease on the first floor. The floor plan consists of mostly an open layout, two private offices, two conference rooms, and a break room.

Market Context

This office in Syracuse, NY is listed for sale. It has been on the market for 163 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

Medium Confidence

$18.50/SF – $22.00/SF

Mid: $20.60/SF

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

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