1117 W Fayette Street, Unit 311, Syracuse, NY 13204

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Property Description

Own Your Future - 2-Bedroom Condominium at The Lofts at 1117 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.

1117 W Fayette Street, Unit 311 | MLS# S1666528

This condo located at 1117 W Fayette Street, Unit 311, Syracuse, NY 13204 is currently listed for sale with an asking price of $141,150. This property was built in 1920 and has 2 bedrooms and 1 full baths with 941 sq. ft. W Fayette Street, Unit 311 is located within the Syracuse school district. Search Syracuse real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: HeatPump
Heating: Electric, HeatPump
Lot Size: 0.39 Acres
Taxes: $2,121
Year Built: 1920

Amenities

QuartzCounters

Feature Descriptions

Appliances: Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Freezer, Microwave, Refrigerator, Washer
Days on Site: 4
Exterior: Brick, SprayFoamInsulation
Flooring: Carpet, Tile, Varies, Vinyl
HOA Fee: 411/ Monthly
Laundry: InUnit
Lot: IrregularLot
Lot Dimensions: 114X150
Parcel#: 099.-03-03.0/33
Parking: NoGarage, Open
Parking Notes: NoGarage, Open
Pets Allowed: Negotiable, NumberLimit, Yes
Sewer: Connected
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Syracuse

Estimate Your Payment

Estimated Payment

$ 532.06 per month $314.14 Principal & Interest $176.75 Property Tax $41.17 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Acropolis Realty Group LLC
Agency Phone: 315-396-0493

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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