221 Herald Place

221 Herald Place, Syracuse, NY 13202

$975,000 Price

7.67% Cap Rate

5 Number of Units

7644 Building SF

2014 Year Renovated (Gutted)

Rare opportunity to own a distinctive mixed-use brick building on a high-visibility street corner in downtown Syracuse, on the same block as the original Dinosaur Bar-B-Que. Completely gutted and rebuilt from the shell in 2014. This well-located property combines four fully renovated two-story, two-bedroom residential units with a spacious ±1,600 SF commercial space, offering both strong residential income and flexible street-level commercial use in one of the city’s most active corridors. The busy downtown corner delivers excellent visibility, walkability, and foot traffic, steps from Dinosaur BBQ, Apizza Regionale, Armory Square, Clinton Square, the Onondaga Creekwalk, and the growing mix of restaurants, offices, and residential conversions that define this part of downtown. The classic brick building features updated mechanicals throughout, with four renovated two-story, two-bedroom apartments that give residents more living space and a townhouse-like feel uncommon in downtown stock

Associate Broker

(315) 794-1522

dante.belmonte@huntrealestate.com

10401323828