News: Brokerage

Crisalli, Crisalli and Arcuri of SRG sell 13,452 s/f for $1.42m; firm completes two additional sales totaling $690,000

Orazio Crisalli Sr.

 

Orazio Crisalli Jr.

 

Michael Arcuri

 

Richard Morose

 

Syracuse, NY Syracuse Realty Group (SRG) has completed the following transactions:

135 E. Water Street - Syracuse, NY

• 135 E. Water St. was sold for $1.42 million. The 13,452 s/f historic Hanover Sq. mixed-use building contains 17 apartments and two commercial spaces. Orazio Crisalli Sr., Orazio Crisalli Jr., and Michael Arcuri of SRG acted for the seller, Spinarista, LLC.

1601 LeMoyne Avenue - Syracuse, NY

• 1601 LeMoyne Ave. was sold for $360,000. The 3,214 s/f turnkey auto repair/sales shop was sold by Timothy Guinta to Cuse Cars, LLC. Richard Morose of SRG acted on behalf of both buyer and seller.

6189 South Bay Road - Cicero, NY

• 6189 South Bay Rd. in Cicero was sold for $330,000. The flex building totals 4,950 s/f (1,800 s/f of office and 3,150 s/f of warehouse space). Arcuri acted on behalf of the buyer, CNY Flex Properties.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their