For SaleMLS # S16954056 days on market

405 Pond Street

Syracuse, NY 13208 · Onondaga County

Price

$359,000

Bed / Bath

—

Interior

6,638 sqft

Lot

3,267 sqft lot

Built

1940

About this home

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 at $1,300/month, one apartment at $800/month, and a vacant top-floor apartment previously rented for $1,300/month. Gross monthly rent $4,000. 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.

Mechanical

Heating

Gas, Forced Air, Hot Water

Schools

District

Syracuse

Tax & finance

Annual taxes

$6,844

Financing

Cash · Conventional

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Location

Syracuse, NY 13208 · Onondaga County

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MLS Attribution

Listing courtesy of Hunt Real Estate ERA. Listing agent: Ryan Yamini. Data last updated 7/15/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.