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$ 141,150
Est. payment | /mo
2 Beds
1 Bath
941 SqFt
$ 141,150
Est. payment | /mo
2 Beds
1 Bath
941 SqFt
Open House
Sun Apr 26, 11:00am - 1:00pm
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 941 sqft
Price per Sqft $150
MLS Listing ID 11655461
Style Mid-rise
Bedrooms 2
Full Baths 1
HOA Fees $411
Year Built 1920
Annual Tax Amount $2,121
Property Description
One of only two 2-bedroom condominiums available in this 38-unit redevelopment located on W. Fayette Street connecting Tipperary Hill and Downtown Syracuse. This brand-new, all-electric residence offers space, efficiency, and long-term affordability through New York State's Affordable Homeownership Opportunity Program (AHOP). 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 entirely new building systems. Utilities are separately metered. Community amenities include on-site parking, two EV charging stations, secure entry, and a professionally managed homeowners association. Eligibility Requirements: Purchasers must have a household income below $103,500 (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 sign a regulatory agreement with NYS Homes & Community Renewal to ensure long-term affordability. 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. Located within the City of Syracuse. 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
Sewer Municipal
Water Municipal
Nearby Locations
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Wally Kerr
Broker | License ID: 83230