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$145,905
Est. payment /mo
1 Bed
1 Bath
685 SqFt
UPDATED:
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 685 sqft
Price per Sqft $213
MLS Listing ID 11655439
Style Mid-rise
Bedrooms 1
Full Baths 1
HOA Fees $299
Year Built 1920
Annual Tax Amount $1,886
Property Description
Brand-new, energy-efficient 1-bedroom condominiums located on W. Fayette Street, connecting Tipperary Hill to Downtown Syracuse. This adaptive reuse redevelopment transforms a former warehouse into a modern, all-electric condominium community offering long-term affordability through New York State's AHOP program. Designed so qualified households spend no more than approximately 30% of income on total housing costs (including mortgage, taxes, insurance, and HOA fees), this home features quartz countertops, contemporary cabinetry, Energy Star stainless steel appliances, efficient heating and cooling, and all new building systems throughout. Utilities are separately metered. Amenities include on-site parking, two EV charging stations, a beautiful courtyard, secure building access, and a professionally managed HOA. Eligibility Requirements: Purchasers must have a household income below $83,800 (adjusted for household size) and a net worth under $100,000, excluding retirement and educational savings accounts. Buyers must complete a Home HeadQuarters homebuyer counseling course and execute a regulatory agreement with NYS Homes & Community Renewal to maintain affordability. Located within the City of Syracuse. The project will participate in the 485-o tax abatement program. Estimated property taxes shown are based on full assessed value and do not reflect the reduced amount under the abatement. Sponsor: 1117 NewCo, Corp., c/o Redev CNY, 451 S. Warren Street, Syracuse, NY 13202. Complete offering terms are available in an offering plan from Sponsor. File No. CD25-0271. Sponsor and its affiliates comply with all Fair Housing laws and provide Equal Housing Opportunity.
Location
State NY
County 36067
Rooms
Dining Room 0
Kitchen 0
Building
Story 4
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Hal Blake
Broker License ID: 10491210994
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