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Syracuse, NY: Capozzi and Carnie Broker Sale of Multi-Property Assemblage For Construction of New Student Housing Complex


Date Posted: May 15, 2017

Syracuse, NY: Capozzi and Carnie Broker Sale of Multi-Property Assemblage For Construction of New Student Housing Complex

Thomas Capozzi and David Carnie of Cushman Wakefield | Pyramid Brokerage Company brokered the sale of a multi-property assemblage totaling 3 ± acres located at the corner of Walnut Ave., between the 1200 block and 1300 block of E. Genesee Street in Syracuse, NY. Chris Geiger of Geiger Properties sold the properties to CG USL Ventures 1 in March 2017 for $8,350,000. The former 1200 E. Genesee Medical Office building occupied the corner portion of the site. It has now been raised and the property is currently under redevelopment for a multi-building 126-unit/360-bed student housing complex.

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