CCertihomes
831 W Fayette Street, Syracuse, NY 13204

$1,999,999

0 beds 0 baths 54,802 sqft Built 1835101 days on marketActive

About this home

The historical Engelberg Huller warehouse is now available for sale. Property can also be available for lease and features heavy 3-phase power, 1 recessed dock, and 2 grade-level doors. Zoned Commercial 1 industrial (022), which allows for almost all uses. The property is situated on approximately 1.4 acres in the city limits of Syracuse, with 55, 000 SF of warehouse now available for immediate lease or use. This redevelopment project could offer exceptional value for a developer, owner-user user or investor. The building is directly adjacent to a National Grid substation and could be suitable for a battery storage facility, solar project, and more. The property has both city water and sewer connected with multiple lines into the building. Located a minute's walk from downtown and surrounded by several multi-million dollar redevelopments currently underway, including the new Syracuse Police headquarters, this property has plenty of potential for owner-user or investor. A possible multi-family redevelopment opportunity or commercial use would be ideal. The property is also eligible for all housing tax credits and historical tax credit incentives programs, as well as multiple state and federal grant programs.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$30,521/mo

Real estate (PITI + HOA + PMI)
$18,253
Principal + interest$9,071
Property tax + insurance$8,432
PMI / 2nd mortgage$750
Utilities
$25,846
Heating + cooling$12,770
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$30,521/mo TLC
Budget$31,021/mo
Remaining after TLC$500/mo
Purchase price
$1,999,999
Down payment
$100,000 (5%)
Loan amount
$1,899,999
APR
4%

Quick facts

Type
Commercial
Style
Year built
1835
Lot size
1.3591 ac
Stories
3
Heating
Gas, Individual, ForcedAir
Cooling
OneUnit
Water
HOA
Annual tax
MLS #
S1521841
County
Onondaga

Home features

Roof
Membrane, Rubber
Sewer
PublicSewer

Lot features

IrregularLot

Neighborhood — 13204

MetricThis ZIPCountyUSA
Population20,53819,351,094299,088,112
Population Change Since1990-15.00%8.00%20.00%
Population Density4,027395
Male9,8059,381,926147,432,321
Female10,7339,969,168151,655,844
Never Married6,7784,946,39163,775,926
Married4,5407,166,701123,120,365
Separated1,1251,159,67312,639,686
Widowed1,2591,110,24515,467,586
Divorced1,8841,210,44823,075,029
Number Of House Hold8,4377,102,016111,826,380
Average House Hold Size2.412.642.60
Medial Age30.0036.5335.46
Median House Hold Income$25,867$49,847$48,276
Average House Hold Income$34,236$70,032$63,629
P C I$14,466$26,569$24,529
M D I$23,761$42,210$41,133
A T H E$34,408$54,185$50,898
S T R8.00%4.00%
W C J76.52%81.55%77.74%
(Zip) Code
13204

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 2/17/2024. Provided courtesy of Acropolis Realty Group LLC via Buffalo MLS. Information deemed reliable but not guaranteed.