405 Pond Street, Syracuse, NY 13208
Local realty services provided by:HUNT Real Estate ERA
Listed by:
- Ryan Yamini(315) 752 - 5505HUNT Real Estate ERA
- Stephen Schmitt(315) 457 - 7170HUNT Real Estate ERA
Office: hunt real estate era
MLS#:S1695711
Source:NY_GENRIS
Price summary
- Price:$359,000
- Price per sq. ft.:$54.08
About this home
Investor opportunity with strong in-place income and additional upside. 405 Pond Street is a mixed-use property featuring a 2,300 SF grocery store plus three residential apartments above. Current income includes a long-term grocery tenant paying $1,600/month, one apartment at $1,300/month, one apartment at $800/month, and a vacant top-floor apartment previously rented for $1,300/month.
Recent capital improvements include a new roof and three new boilers. Tenants pay their own utilities, with the owner responsible for water/sewer. Sale also includes 403 Pond Street, providing valuable off-street parking for approximately 10 vehicles. This is a strong cash-flowing asset with value-add potential through leasing the vacant apartment and optimizing rents.
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Home facts
- Year built:1940
- Listing ID #:S1695711
- Added:1 day(s) ago
- Updated:July 10, 2026 at 03:19 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Hardwood, Resilient, Varies
- Basement:Yes
- Basement Description:Full
- Living area:6,638 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Gas, Hot Water
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:6,638 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Irregular Lot, Near Public Transit
- Construction Materials:Brick, Copper Plumbing, Vinyl Siding
- Foundation Description:Block, Stone
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$359,000
- Price per sq. ft.:$54.08
- Tax amount:$6,486
Parking
- Parking description:Parking Available, Paved
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