251 Salina Meadows Parkway

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251 Salina Meadows Parkway

Syracuse, NY 13212
Asking Price
$7.95M
Cap Rate
7.62%
Asset Type
Traditional Office Retail
Class
Class B

What's Special

Investment l Office l Multi-tenant, 86.47% Occupied <ul><li>​<span style="color: rgba(67, 82, 84, 1)">Two-story Class A Office Building</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">65,647± SF on 5.02 AC</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">86.4% Leased / Long-term tenant appeal</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">Two modern lobbies with upscale finishes and an elevator</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">Easy access to I-81 and the NYS Thruway (I-90)</span></li><li>​<span s

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NOI
$80,000
Cap Rate
1.01%
DSCR
0.17
Underwater
Cash-on-Cash
-16.44%
Monthly Payment
$39,332.262
Annual Cash Flow
$-391,987.148

Location & Travel Times