118 E Genesee ST, Syracuse, NY 13202
118 E Genesee ST, Syracuse, NY 13202
118 E Genesee ST, Syracuse, NY 13202
118 E Genesee ST, Syracuse, NY 13202
118 E Genesee ST, Syracuse, NY 13202
118 E Genesee ST, Syracuse, NY 13202
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$ 1,200,000
Est. payment | /mo

8,320 SqFt


$ 1,200,000
Est. payment | /mo

8,320 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,320 sqft

Price per Sqft $144

MLS Listing ID S1715137

Construction Status Existing

HOA Y/N No

Year Built 1893

Annual Tax Amount $19,406

Lot Size 2,151 Sqft

Acres 0.0494

Lot Dimensions 26X80

Property Sub-Type Mixed Use

Property Description

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.

Location

State NY

County Onondaga

Area Syracuse City-311500

Zoning MX-5

Rooms

Basement Full

Interior

Heating Electric, Gas, Heat Pump, Zoned, Forced Air, Hot Water

Cooling Heat Pump, Zoned, Central Air

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Electricity Connected, Water Connected

Roof Type Flat,Rolled/Hot Mop

Building

Lot Description Rectangular, Rectangular Lot

Story 3

Water Public

Construction Status Existing

Schools

School District Syracuse

Others

Tax ID 311500-104-000-0024-001-000-0000

Acceptable Financing Cash, Conventional, FHA, Private Financing Available, VA Loan

Listing Terms Cash, Conventional, FHA, Private Financing Available, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1715137

Listed by Oak Tree Real Estate 315-744-0831

NEARBY SCHOOLS & PROPERTIES

Celeste Greiner
Celeste Greiner

Broker Associate License ID: 10301219405

+1(315) 430-0030 | celeste.ccgrealty@gmail.com

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118 E Genesee ST