Originally constructed as the Bank of Syracuse, this remarkable property offers a rare combination of history, architecture, downtown living and income potential. Designed by Albert L. Brockway and described as Syracuse’s first steel-frame structure, its Beaux-Arts marble facade, monumental arched openings and dramatic interior scale reflect a level of craftsmanship and character that is difficult to replicate today. Located in historic Hanover Square, the building offers a unique mix of commercial, live/work and residential space. The ground level is home to the award-winning Eden, a distinctive wood-fire restaurant featuring an extensive custom buildout completed approximately seven years ago. Above it, the first level features a flexible live/work loft renovated approximately one year ago. Movable partition walls allow the space to be reconfigured, giving an owner the ability to change the room layout and adapt the space for different live/work needs. The second level is an extraordinary residential loft with soaring ceilings, dramatic proportions and architecture rooted in the original banking hall. This level was gutted and converted to residential use approximately 15-20 years ago, with substantial modernization of the building’s utilities completed as part of that conversion. The former bank and its transformation into residential space were also featured by The New York Times. An owner could choose to live within the property while receiving income from other portions of the building, invest in the property as a whole, or explore a combination of uses. Prospective buyers are encouraged to confirm their intended use with the appropriate municipality. Beyond the financial possibilities, this is a true statement property - recognizable, impressive and genuinely difficult to duplicate. It offers the opportunity to own a significant piece of Syracuse history while enjoying a setting, lifestyle and sense of presence few properties can offer.
Based on the average sale price from the Fayetteville, NY office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
118 E Genesee Street Syracuse, NY is a Single Family Home for sale at $1200000 with 8320 sqft and a lot size of 0.0494 Acres Acre(s). 118 E Genesee Street Syracuse has 2 bedrooms, 2 baths and was built in 1893. The property's zip code is 13202 which is in Syracuse, NY
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.