405 Pond St, Syracuse, NY, 13208
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 apartment 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.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1940
Materials
- Foundation: Block,Stone
- Roof: Architectural,Shingle
- Construction materials: Brick,Vinyl Siding,Copper Plumbing
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood,Resilient,Varies
Heating
- Heating features: Gas,Baseboard,Forced Air,Hot Water
Interior Area
- Total structure area: 6,638
- Total interior livable area: 6,638 sqft
Property
Details
- Parcel number: 31150000700000300300000000
- Special condition: Standard
Features
- Stories: 3
Lot
- Lot size: 3,267 sqft
- Features: Irregular Lot,Near Public Transit
- Lot size dimensions: 33 x 99
Parking
- Parking features: Paved,Parking Available,Two or More Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Onondaga County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,815 | $21,780 |
| Home Insurance * | $236 | $2,832 |
| Property Taxes | $664 | $7,968 |
| Electricity | $1,096 | $13,163 |
| Total | $3,811 | $45,732 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $359,000 |
| 2025-08-06 | Listing removed | $199,900 |
| 2025-06-20 | Pending sale | $199,900 |
| 2025-06-20 | Listing removed | $199,900 |
| 2024-02-01 | Pending sale | $199,900 |
| 2024-01-12 | Price change | $199,900 |
| 2023-10-26 | Listed for sale | $220,000 |
| 2020-12-07 | Sold | $135,000 |
| 2020-09-14 | Pending sale | $175,000 |
| 2020-09-09 | Listed for sale | $175,000 |
| 2006-06-05 | Sold | $140,000 |
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