$138,752Average Value$71Average Price per Sq Ft2Homes For Sale
The industrial and residential Park Ave community is in west Syracuse
Park Ave combines historic charm with an up-and-coming atmosphere on the west side of downtown Syracuse. Locals can walk to longstanding bakeries, century-old churches and small parks. This vibrant location is why many residents tend to stick around. “Some people have been living here for decades, even if they rent instead of own,” says Teri Arney-Scheirer, a real estate agent with Hunt Real Estate who grew up in the neighborhood. Dating back to the 1800s, Park Ave’s houses often need renovations. There’s also a large industrial sector, but these factors draw new homebuyers to the area. “People move here because there’s so much opportunity,” Arney-Scheirer says. “You can restore a beautiful home, be within walking distance to downtown and live in a classic, old Syracuse neighborhood.”
Park Ave is rental-heavy
The majority of the neighborhood’s homes are investor-owned single- and multi-family houses; around 85% of residents here are renters. Queen Annes, American Foursquares and Colonial Revivals built between the 1880s and 1920s are common. Oak trees often shade the area’s modest lots and sidewalk-lined streets. Some houses have driveways and detached garages, though street parking is still common. Because of their age, many houses here need to be renovated. “Whether it’s new paint, HVACs or a roof, houses here are going to need some sort of update,” Arney-Scheirer says. The median single-family home price here is around $110,000, which is significantly less than the national median. Dilapidated homes and restoration projects can cost between $7,500 and $165,000, while well-maintained houses typically sell in the $285,000 to $380,000 range. Park Ave has a Cap Index Crime Score of 7 out of 10, higher than the national average of 4.
Industrial buildings and longstanding bakeries coexist in Park Ave
Car dealerships, a Dollar Tree and an Aldi dot state Route 5 at the community’s core. Other offices and industrial spaces are sprinkled around the area, including the Syracuse Fire Department Regional Training Center. Locals will also find several restaurants within walking distance, including Middle Ages Brewing Company, a former ice cream factory that’s now a beer hall with weekly trivia nights, live music and a food truck lot. Half-moon cookies, bread loaves and donuts sit under the glass case at Harrison Bakery, which has been around since 1949. “People will go to church, then walk to Harrison’s for a pastry afterwards,” Arney-Scheirer says. Several houses of worship are in the area, including St. Paul's Armenian Apostolic Church and Basilica of the Sacred Heart of Jesus, located in a Gothic Revival-style building from 1910. Bars, restaurants and theatres fill Italianate and Art Deco-style buildings in downtown Syracuse, a little over a mile east.
Frazer School is in the neighborhood
The Syracuse City School District serves the community. Students can attend prekindergarten through eighth grade at Frazer School, which is located in the neighborhood and earns a C-plus from Niche. From there, students may enroll in any of the district’s high schools, including B-minus-rated Corcoran High, less than 3 miles south. The high school offers career and technical education programs like welding and computer chip technology and production. Syracuse University, about 3 miles east, has almost 600 undergraduate and graduate degree offerings, as well as certificate programs in fields like architecture and engineering.
Locals can walk to Leavenworth Park and other downtown green spaces
A grassy median stretches across part of Park Avenue, reaching Leavenworth Park, home to a playground and a gazebo. Murals, statues and other displays decorate Lipe Art Park in the neighborhood’s south side next to the railroad. Several other recreation spaces are less than 2 miles away, including Burnet Park, the city’s largest green space and home to the Rosamond Gifford Zoo, a 9-hole golf course and sports facilities. Locals can ice skate during the winter at Clinton Square, a fountain park hosting events like a farmers market and the annual Polish Fest. The Inner Harbor mixed-use development and Onondaga Lake’s hiking trails and boat launches are all less than 5 miles north.
This is a walkable community with easy access to Interstate 690
Though Park Ave is walkable, the neighborhood also offers proximity to multiple thoroughfares for those residents who need to drive. Interstate 690, which runs southeast across Syracuse, is on the community’s northern edge. A 6-mile drive north on Interstate 81 reaches Syracuse Hancock International Airport. There are also public transit options in the neighborhood, including the William F. Walsh Regional Transportation Center, about 2 miles north, which is served by Amtrak lines, including the Lake Shore Limited, Maple Leaf and Empire Service. Railroad bridges pass over Park Ave, and residents occasionally hear train noise. Centro operates several different bus routes in the neighborhood.
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On average, homes in Park Ave, Syracuse sell after 101 days on the market compared to the national average of 53 days. The median sale price for homes in Park Ave, Syracuse over the last 12 months is $100,000, up 90% from the median home sale price over the previous 12 months.
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