508 W Brighton Avenue, Syracuse, NY 13205

Syracuse
Local realty services provided by:ERA Team VP Real Estate
508 W Brighton Avenue,Syracuse, NY 13205
$2,850,000
Virtual Tour
  • 38 Beds
  • - Baths
  • 11,088 sq. ft.
  • Multi-family
  • Pending
Listed by: zachary johnson
Office: acropolis realty group llc.
MLS#:S1608313
Source:NY_GENRIS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$257.03

About this home

Welcome to Brighton Place Townhouses — an exceptional investment opportunity to acquire a fully occupied apartment complex featuring 38 identical 2-bedroom, 1-bath townhome-style units. Each unit includes both front and rear entrances, a spacious living room with hardwood floors, and a full kitchen on the main level. Upstairs, you’ll find two bedrooms and a full bathroom. Every unit also includes a private basement along with individual furnaces, water heaters, and separate gas and electric meters. Tenants are responsible for their own utilities, with the exception of water and sewer. The property offers ample parking for all residents, plus 14 garage bays. The complex benefits from stable occupancy, and over two-thirds of the rental income is guaranteed through subsidies. Significant upside exists in raising rents, and a fresh Certificate of Compliance has just been issued. Offered at $2.85M, this investment delivers a strong 10% cap rate.

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Home facts

  • Year built:1945
  • Listing ID #:S1608313
  • Added:487 day(s) ago
  • Updated:February 28, 2026 at 08:36 AM

Rooms and interior

  • Bedrooms:38
  • Flooring:Hardwood, Varies
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:11,088 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1945
  • Building area:11,088 sq. ft.
  • Lot area:2.48 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Wood Siding
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$257.03
  • Tax amount:$35,620

Features and amenities

  • Appliances:Gas Cooktop, Refrigerator

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