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508 W Brighton Avenue, 
Syracuse, NY 13205

$2,850,000


38

Beds


Bath


11,088

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Zachary Johnson

Acropolis Realty Group LLC.

315-396-0493

Last updated:

October 10, 2025, 03:38 PM

MLS#

S1608313

Source:

NY GENRIS

About This Home

508 W Brighton Avenue

Welcome to Brighton Place Townhouses — an exceptional investment opportunity to acquire a fully occupied apartment complex featuring 38 identical 2-bedroom, 1-bath townhome-style units. Each unit includes both front and rear entrances, a spacious living room with hardwood floors, and a full kitchen on the main level. Upstairs, you’ll find two bedrooms and a full bathroom. Every unit also includes a private basement along with individual furnaces, water heaters, and separate gas and electric meters. Tenants are responsible for their own utilities, with the exception of water and sewer. The property offers ample parking for all residents, plus 14 garage bays. The complex benefits from stable occupancy, and over two-thirds of the rental income is guaranteed through subsidies. Significant upside exists in raising rents, and a fresh Certificate of Compliance has just been issued. Offered at $2.85M, this investment delivers a strong 10% cap rate.

Home Facts

Multi-Family

38 Bedrooms

Built in 1945

Price Summary

2,850,000

$257 per Sq. Ft.

MLS #:

S1608313

Last Updated:

October 10, 2025, 03:38 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

38

Interior

Living Area:

11,088 Sq. Ft.


Structure

Structure

Building Area:

11,088 Sq. Ft.

Year Built:

1945


Lot

Lot Size (Sq. Ft):

107,911


Finances & Disclosures

Finances

Price:

$2,850,000

Price per Sq. Ft:

$257 per Sq. Ft.

Source:NY GENRIS
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