4 Adler DrEast Syracuse, NY 13057

Property Details for 4 Adler Dr

Year built

1975

Lot size

1.20 AC

Property size (Sq ft)

20,560 SF

Zone code

06 - INDUSTRIAL

Property type

Office buildings

APN

312689 024.-07-12.1

APU

31268902407121

Description

Adler Commons offers 20,000 square feet of newly renovated Class B office space, perfect for businesses seeking a move-in ready solution. This single, two-story building features seven suites, with a minimum divisible space of 2,500 square feet and the option to lease the entire 20,000 square feet. The property boasts a variety of layouts suitable for traditional, creative, or flex office uses, catering to diverse business needs. Ample parking is provided with 72 spaces on-site. Accessibility is ensured with handicap-accessible ramps and bathrooms, along with an elevator. Security features include interior and exterior cameras and an access control system, providing a safe and secure environment. The building is conveniently located near major highways, offering easy access for employees and clients. The lease includes all essential services and amenities, excluding utilities, simplifying the management of operational expenses. The 2024 renovation incorporated modern amenities designed to enhance productivity and comfort. This property presents a unique opportunity to secure a well-maintained, versatile office space in a prime location. The zoning is commercial, and the cross street is Old Collamer Rd.

• CAP approach

  CAP return

  Valuation

  6%

  $3,320,096

  6.5%

  $3,064,704

  7%

  $2,845,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,878,324

  Geo Method

  $2,686,370

• Alternative Use

  Use

  Valuation

  Residential

  $3,800,232

  Hospitality

  $3,480,992

  Educational

  $2,896,145

  Medical

  $2,995,748

  Retail

  $4,505,114

Location Insight

City

East Syracuse

County

Onondaga

State

New York

Latitude

43.0953

Longitude

-76.0819

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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