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North Syracuse, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Syracuse, New York Market population: 7K. Compare commercial properties across all major asset...

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📊 Average Cap Rate For North Syracuse NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For North Syracuse NY Properties: 4.3450%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For North Syracuse NY

Common questions from investors exploring commercial real estate in North Syracuse NY.

What's the overall investment outlook for North Syracuse, NY? +
The 11.1% poverty rate and 95.5% health insurance coverage suggest a stable market with access to employment opportunities, while the $44,708 median household income and 17.7-minute average commute time indicate a decent quality of life for residents, making it an attractive investment destination.
How does the local economy impact real estate investment in North Syracuse? +
The top industries, including Public Administration and Information, contribute to a relatively stable economy, with 3,194 employed individuals and a median household income of $44,708, which, combined with the 63.7% homeownership rate, suggests a strong demand for housing and potential for long-term appreciation in property value.
What are the key demographics that influence the rental market in North Syracuse? +
The population of 6,733, with a median age of 42.9 and top ethnicities including White and White Non-Hispanic, indicates a relatively homogeneous community, while the 11.1% poverty rate and 95.5% health insurance coverage suggest a working-class market with employment stability, making it suitable for rental investments.
How do quality of life metrics impact market stability in North Syracuse? +
The 17.7-minute average commute time, with top commute methods including driving alone and carpooling, indicates convenient transportation options, and when combined with the 95.5% health insurance coverage, suggests a high quality of life, which can contribute to a stable and attractive rental market, with potential for increased property values over time.
What role does ethnic diversity and industry mix play in shaping market demand in North Syracuse? +
The top ethnicities, including White and White Non-Hispanic, and the mix of industries, such as Public Administration and Information, contribute to a diverse economy, which, when combined with the relatively low poverty rate of 11.1% and high health insurance coverage of 95.5%, suggests a strong and stable market demand, with potential for long-term growth and appreciation in property values.

North Syracuse NY Real Estate & City Facts

Key facts and real estate information about North Syracuse NY.

What are some of the best neighborhoods to live in North Syracuse? +
Some of the best neighborhoods to live in North Syracuse include Park Ave, which combines historic charm with an up-and-coming atmosphere, and Northside, which features historic homes and diverse parks. Additionally, neighborhoods like Downtown Syracuse offer a combination of history, entertainment, culture, art, dining, and nightlife.
What are some fun things to do in North Syracuse? +
There are plenty of fun things to do in North Syracuse, such as visiting the AMF Syracuse Lanes, exploring the shops and attractions in the area, or checking out the top points of interest and bookable things to do. You can also visit Zero Latency VR for a cutting-edge experience, or explore the Plethora of Bald Eagles that overwinter at Onondaga Lake.
What is the food scene like in North Syracuse? +
The food scene in North Syracuse is diverse and exciting, with top-rated restaurants like Grotto, Vietnamese Noodle House, Toss & Fire Wood-Fired Pizza, Hafner's Restaurant, and CopperTop Tavern. You can also find great casual restaurants like Talking Cursive Brewing Co and Strada Mia 313 Restaurant.
What are the pros and cons of living in North Syracuse? +
The pros of living in North Syracuse include its historic charm, up-and-coming atmosphere, and diverse parks. However, some cons include the potential for slow service at some restaurants and the need to be mindful of steak cooking times. Overall, North Syracuse offers a great balance of history, entertainment, and culture.
Is North Syracuse a good place to live? +
Yes, North Syracuse is a good place to live, offering a unique blend of historic charm, entertainment, and culture. With its diverse neighborhoods, exciting food scene, and plenty of fun things to do, North Syracuse is an excellent choice for those looking to live in a vibrant and engaging community.
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