$1,250,000
About this home
An incredible opportunity to own a high-visibility, mixed-use gem in the heart of Downtown Syracuse’s Armory Square. 321 W Fayette Street features a fully equipped, move-in-ready restaurant space on the ground floor, paired with a beautifully renovated 4-bedroom luxury penthouse above—making this property ideal for owner-occupants, investors, or hospitality entrepreneurs. The street-level restaurant boasts a modern interior, bar setup, updated kitchen infrastructure, and seating-ready dining space—perfect for launching your own concept or leasing to an operator in a thriving dining district. Upstairs, the spacious 4-bedroom penthouse is a showstopper, offering a rare blend of urban sophistication and residential comfort. Featuring high ceilings, exposed brick, hardwood floors, an updated kitchen, and stylish finishes throughout, this unit is ideal for upscale living or short-term rental income. Whether you're a restaurateur, investor, or someone looking to live above your business in one of Syracuse’s most desirable locations, 321 W Fayette St delivers versatility, quality, and opportunity. Now offered at $1.25M – schedule your private showing today.
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.
- Real estate (PITI + HOA + PMI)
- $9,572
- Utilities
- $5,448
- Transportation
- $0
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 13202
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 6,714 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -7.00% | 8.00% | 20.00% |
| Population Density | 6,431 | 395 | — |
| Male | 3,555 | 9,381,926 | 147,432,321 |
| Female | 3,159 | 9,969,168 | 151,655,844 |
| Never Married | 2,945 | 4,946,391 | 63,775,926 |
| Married | 566 | 7,166,701 | 123,120,365 |
| Separated | 657 | 1,159,673 | 12,639,686 |
| Widowed | 337 | 1,110,245 | 15,467,586 |
| Divorced | 716 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 2,896 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 1.97 | 2.64 | 2.60 |
| Medial Age | 27.77 | 36.53 | 35.46 |
| Median House Hold Income | $11,810 | $49,847 | $48,276 |
| Average House Hold Income | $24,332 | $70,032 | $63,629 |
| P C I | $15,823 | $26,569 | $24,529 |
| M D I | $10,804 | $42,210 | $41,133 |
| A T H E | $28,497 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 84.84% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 6/5/2025. Provided courtesy of Rooftop Realty Group LLC via Buffalo MLS. Information deemed reliable but not guaranteed.