118 E Genesee Street Syracuse, NY $ 1,200,000
118 E Genesee Street
$ 1,200,000
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118 E Genesee Street

Syracuse, NY, 13202
$ 1,200,000
Bedrooms-- Baths-- Sq 8,320

Monthly Estimate*

$ 8,288

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Commercial Property for sale in Syracuse, NY

for $1,200,000. This 8,320 square foot building was built in 1893 on a lot size of 0.0494.

Originally constructed as the Bank of Syracuse, this remarkable property offers a rare combination of history, architecture, downtown living and income potential. Designed by Albert L. Brockway and described as Syracuse’s first steel-frame structure, its Beaux-Arts marble facade, monumental arched openings and dramatic interior scale reflect a level of craftsmanship and character that is difficult to replicate today. Located in historic Hanover Square, the building offers a unique mix of commercial, live/work and residential space. The ground level is home to the award-winning Eden, a distinctive wood-fire restaurant featuring an extensive custom buildout completed approximately seven years ago. Above it, the first level features a flexible live/work loft renovated approximately one year ago. Movable partition walls allow the space to be reconfigured, giving an owner the ability to change the room layout and adapt the space for different live/work needs. The second level is an extraordinary residential loft with soaring ceilings, dramatic proportions and architecture rooted in the original banking hall. This level was gutted and converted to residential use approximately 15-20 years ago, with substantial modernization of the building’s utilities completed as part of that conversion. The former bank and its transformation into residential space were also featured by The New York Times. An owner could choose to live within the property while receiving income from other portions of the building, invest in the property as a whole, or explore a combination of uses. Prospective buyers are encouraged to confirm their intended use with the appropriate municipality. Beyond the financial possibilities, this is a true statement property - recognizable, impressive and genuinely difficult to duplicate. It offers the opportunity to own a significant piece of Syracuse history while enjoying a setting, lifestyle and sense of presence few properties can offer.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 19,406

Style

MixedUse

Lot Size

0.0494

Year Built

1893

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1715137

Features
General
Heating Electric Gas HeatPump Zoned ForcedAir HotWater
Cooling HeatPump Zoned CentralAir
Utilities ElectricityConnected WaterConnected
Possession CloseOfEscrow
Roof Flat RolledHotMop
Zoning MX-5
School District Syracuse
Year Built 1893
Stories Count 3
Township Not Applicable
Property Subtype MixedUse
County Onondaga
Property Type CommercialSale
Status Active
City Syracuse
High School District Syracuse
Zoning Description Other - See Remarks
Number Of Units Total 0
MLS Area Syracuse City-311500
Lot Size Units Acres
Lot Size Square Feet 2150.0
Year Built Details Existing
Tax Annual Amount 19406.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1715137 https://www.propertypanorama.com/instaview-tour/syr/S1715137
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 406000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1
Property Sub Type Additional MixedUse
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Interior
Basement Full
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 0.0
Inclusions Land and Building
Lot Size Area 0.0494
Number of Buildings 1
Building Area Total 8320.0
Lot Dimensions 26X80
Lot Size Acres 0.0494
Waterfront Y/N No
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Internal Only
Street Number 1 118
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* Excluded Features
List By
Oak Tree Real Estate

Broker

(315) 744-0831

Phone

Affordability Calculator

$9,905
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
$1,617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
9/17/2026$1,200,000 Listed Price

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118 E Genesee Street, Syracuse, NY, 13202 is a Commercial Property for sale at $1,200,000 with 8,320 sqft and a lot size of 0.0494. 118 E Genesee Street was built in 1893. The property's zip code is 13202 which is in Syracuse, NY