Prime Mixed-Use Investment Opportunity – 116 W Manlius St, East Syracuse, NY. Discover the potential of this 4-unit mixed-use property in the heart of East Syracuse! 116 W Manlius St features two commercial storefronts on the first floor and two residential apartments on the second floor, offering a versatile investment opportunity. Currently, both commercial units and both residential apartments are leased, generating a gross income of $4,100 per month. Additional features include a small parking area in the back of the building for tenant convenience and separately metered utilities for each unit, creating ease of management. This property offers a prime chance to secure a highly visible location with significant upside potential. Just minutes from downtown Syracuse, easy access to I-690, and less than 20 minutes to the proposed Micron site. Do not miss this opportunity to own a strategically positioned asset in a growing area!
Assessor Parcel Number 312601-004-000-0008-017-000-0000
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,518
Year Built
Built in 1930
Lot Details
7,405 Sq Ft Lot
Listing Details
Property Sub Type: Multi Family
Property Type: Residential
Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Water
Year Built: 1930
Lot Features: Rectangular, Rectangular Lot
Road Frontage Type: Main Thoroughfare
Co List Office Mls Id: OHAR01
Co List Office Phone: 315-491-6088
Flooring: Hardwood, Varies
Unit Levels: Two
Year Built Details: Existing
Special Features: VirtualTour
Interior Features
Appliances: Gas Water Heater
Basement: Dirt Floor
Full Bathrooms: 2
Half Bathrooms: 2
Total Bedrooms: 4
Stories: 2
Stories: 2
Exterior Features
Acres: 0.17
Waterfront: No
Construction Type: Vinyl Siding
Garage/Parking
Parking Features: Other, Parking Available, On Street, See Remarks
Utilities
Heating: Gas, Forced Air
HeatingYN: Yes
Utilities: Sewer Connected, Water Connected
Water Source: Connected, Public
Condo/Co-op/Association
Senior Community: No
Schools
Junior High Dist: East Syracuse-Minoa
Lot Info
Parcel Number: 312601-004-000-0008-017-000-0000
Lot Dimensions: 43X161
Lot Size Sq Ft: 7405.0
ResoLotSizeUnits: Acres
Multi Family
Number Of Units In Community: 4
Number Of Units Total: 4
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tax Info
Tax Annual Amount: 6518.0
Tax Lot: 17
Map
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$6,376
$146,500
$13,600
$132,900
2024
$5,529
$115,400
$13,600
$101,800
2023
$5,084
$103,000
$13,600
$89,400
2022
$5,590
$103,000
$13,600
$89,400
2021
$5,711
$103,000
$13,600
$89,400
2020
$5,714
$103,000
$13,600
$89,400
2019
$2,022
$103,000
$13,600
$89,400
2018
$5,523
$103,000
$13,600
$89,400
2017
$4,221
$72,000
$13,600
$58,400
2016
$4,016
$72,000
$13,600
$58,400
2015
--
$72,000
$13,600
$58,400
2014
--
$72,000
$13,600
$58,400
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
08/12/202608/12/26
For Sale
$285,000
--
$53 / Sq Ft
Source: Central New York Information Services
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Deed
$107,000
Neil Germain
Deed
$37,500
Arthur Bigsby
Deed
$18,065
Stanley Germain
Deed
$20,300
Ronald Pelligra
Quit Claim Deed
--
Ronald J Pelligra
Deed
$30,000
Francis Stinziano Jr
Interfamily Deed Transfer
--
--
Deed
$500
--
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Connor Schwartz is a seasoned real estate professional, investor, and licensed New York State real estate agent who assists in the oversight of all client transactions with the Trifecta Wealth Team of The O'Hara Group. With expertise in residential, investment, and commercial property sales and leasing, Connor is dedicated to guiding clients through every step of the real estate process, ensuring each deal successfully reaches the closing table. As an experienced investor himself, he is able to
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