1117 W Fayette ST #003 Syracuse, NY 13204
1 Bed
1 Bath
602 SqFt
Open House
Sat May 23, 11:00am - 1:00pm
Sun May 24, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 602 sqft
Price per Sqft $262
MLS Listing ID S1669132
Bedrooms 1
Full Baths 1
Construction Status Existing
HOA Fees $263/mo
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,886
Lot Dimensions 114X150
Property Sub-Type Condominium
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 Onondaga
Area Syracuse City-311500
Direction From Downtown Syracuse take W Fayette St west past Geddes St. Property on left between Geddes St and Wilbur Ave.
Rooms
Basement None
Main Level Bedrooms 1
Interior
Interior Features Living/Dining Room, Quartz Counters
Heating Electric, Heat Pump
Cooling Heat Pump, Zoned
Flooring Carpet, Tile, Varies, Vinyl
Fireplace No
Appliance Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
Laundry In Unit
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Garage No
Building
Lot Description Irregular Lot
Sewer Connected
Water Connected, Public
Structure Type Brick,Spray Foam Insulation
Construction Status Existing
Schools
School District Syracuse
Others
Pets Allowed Negotiable, Number Limit, Yes
HOA Name TJMG Properties
HOA Fee Include Common Area Maintenance,Common Area Insurance,Common Areas,Insurance,Maintenance Structure,Reserve Fund,Sewer,Snow Removal,Trash,Water
Senior Community No
Tax ID 099.-03-03.0/3
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Special Listing Condition Standard
Pets Allowed Negotiable, Number Limit, Yes
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1669132