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405 Pond Street Syracuse, NY $ 359,000
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405 Pond Street
$ 359,000
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405 Pond Street

Syracuse, NY, 13208
$ 359,000
Bedrooms-- Baths-- Sq 6,638

Monthly Estimate*

$ 2,267

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Commercial Property for sale in Syracuse, NY

for $359,000. This 6,638 square foot building was built in 1940 on a lot size of 0.075.

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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Commercial Active

Price

$ 359,000

Property Type

Commercial

Taxes

$ 6,844

Style

Commercial

Lot Size

0.075

Year Built

1940

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1695405
Features
General
Sewer PublicSewer
Heating Gas ForcedAir HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Shingle
Zoning MX-2
School District Syracuse
Year Built 1940
Electric Volts240
Stories Count 3
Township Not Applicable
Property Subtype Commercial
Gross Income 60600.0
County Onondaga
Property Type CommercialSale
Possible Use Residential Retail
Status Active
City Syracuse
High School District Syracuse
Zoning Description Commercial
Number Of Units Total 4
MLS Area Syracuse City-311500
Lot Size Units Acres
Lot Size Square Feet 3267.0
Year Built Details Existing
Tax Annual Amount 6844.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1695405 https://www.propertypanorama.com/instaview-tour/syr/S1695405
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 128000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 30
Property Sub Type Additional Commercial
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Interior
Basement Full
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite
Lot Features IrregularLot
Water Source Public
Total Parking 10.0
Inclusions Land and Building
Lot Size Area 0.075
Number of Buildings 1
Building Area Total 6638.0
Lot Dimensions 33X99
Lot Size Acres 0.075
Waterfront Y/N No
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Hunt Real Estate Era

Broker

(315) 699-3200

Phone

Affordability Calculator

$2,837
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,267
Monthly Property Taxes
$570
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
247387 Elementary School
247878 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/9/2026$359,000 Listed Price

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405 Pond Street, Syracuse, NY, 13208 is a Commercial Property for sale at $359,000 with 6,638 sqft and a lot size of 0.075. 405 Pond Street was built in 1940. The property's zip code is 13208 which is in Syracuse, NY

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