Regency Tower Apartments 770 James Street
Syracuse, NY 13203
For Sale
245,765 sqft
Sale Price
$29,500,000
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Multifamily For Sale
237 Unit Value-Add High-Rise Apartment Building
237 units
Current Occupancy: ±98% (10./1/24)
Avg. Monthly Rent: $1,360 ($1.1/SF) with room for rent growth
Unit mix of studio, 1, 2, and 3 bedroom apartments
Heated, secure parking garage with 236 spaces offering additional income
More than $10,000,000 in CapEx over the past 5-10 years
Includes an additional 0.36 AC lot with R4 (Residential) Zoning
Get in touch
Lawrence Papaleo
Lic: Associate Real Estate Broker
Peter Finn
Lic: Licensed Associate Real Estate Broker
Regency Tower is located within the city of Syracuse and is a self-contained high-rise apartment community featuring 237 residential units plus supporting commercial space, including an on-site periodontist/dentist and Attilio‘s, one of the city‘s most popular high-end restaurants.
Regency Tower is located just minutes from Syracuse University, four local hospitals and a multitude of related medical and educational facilities and support services. This asset is also within walking distance to the heart of downtown Syracuse and approximately 9 miles from Micron‘s proposed semiconductor fabrication facility, an investment that is projected to create upwards of 50,000 jobs in the region over the next two decades.
Total Space Available
245,765 sqft
Sale Price
$29,500,000
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Population | 29,737 | 144,792 | 224,505 |
| Avg. Household Income | $61,852 | $67,755 | $78,976 |
| Median Household Income | $34,715 | $45,641 | $54,150 |
Get in touch
Lawrence Papaleo
Lic: Associate Real Estate Broker
Peter Finn
Lic: Licensed Associate Real Estate Broker