405 Pond Street, Syracuse, NY 13208

• 6,638 sqft

Property Description

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 $5,000. 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.

Listing Status:

Active

Date Added:

July 9, 2026

Data Last Updated:

August 10, 2026 at 3:16PM

Listing Office:

Hunt Real Estate ERA : 315-699-3200

Listing Agent:

Ryan Yamini : 315-699-3200

MLS ID:

S1695405

Interior

• Basement: Full
• Heating: GasForced AirHot Water
• Fireplace: Fireplaces: 0

Exterior

• Parking: On SiteParking spaces: 10

Construction

• Roofing: Shingle
• General: 3

Location

• Originating MLS: NYS_S
• School District: Syracuse
• County: Onondaga

Lot

• Zoning: MX-2311500-007-000-0030-030-000-0000

Utilities

• Utilities: Sewer ConnectedWater Connected240 Volts
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NYS_S