 |
| Purchase seizable and City-owned property |
|
| Applications – These forms are fillable on your computer with Adobe Acrobat Reader. Click here to download free Adobe Acrobat Reader. You are encouraged to type in the light blue fields in the application, print, sign, and then submit. |
| |
• Purchase Offer and Property Purchase & Development Proposal |
| |
• "Lot Next Door" Purchase Proposal |
| |
|
| • |
Lists of Seizable and City-owned LOTS, BUILDINGS, and VACANT BUILDINGS ONLY available for bid |
| |
These lists are sorted first by neighborhood, then by street address. The neighborhood boundaries are shown on the map linked below. |
| |
|
| • |
Neighborhood Map |
Submit complete proposals to: Permit Consultation Office City Hall Commons, Room 102 201 E. Washington Street Syracuse, NY 13202
|
The City of Syracuse accepts applications to purchase and redevelop city-owned or tax foreclosable property from the City of Syracuse. Property Purchase & Development Proposals should indicate how your redevelopment project will benefit the surrounding neighborhood, describe in detail the final use of the property, and illustrate your capacity to rehabilitate the property. The Purchase Offer and Property Purchase & Development Proposal should be accompanied by the attachments described below. Development Proposals are reviewed by City planning staff and an interdepartmental review committee to ensure that plans will benefit the surrounding community and to consider proposals that may warrant a reduced purchase price.
A list of seizable and city-owned properties is available on the City’s website. This list is sorted by neighborhood (a map is available on this website showing neighborhood boundaries and city streets), street name, and then street number. Select “Buy Tax Delinq. Property” from the “I want to” box on in the upper-right corner of the City’s homepage: http://www.syracuse.ny.us/home.aspx. Properties may also be purchased from the Syracuse Urban Renewal Agency. Properties owned by the agency can be viewed on their website: http://www.syracuse.ny.us/SURA.aspx.
Required Submittals: (Note, the last three applications are not required for residential “Lot Next Door” applications.)
|
| • |
Purchase Offer (Contract) |
| • |
Property Purchase & Development Proposal (supplemental information) |
| • |
Description of your redevelopment plan (if not included in the proposal form – more detailed description, site plans, drawings, etc. should be attached if available) |
| • |
Proof of financing for acquisition and rehab (or new construction or other actions necessary to carry out the development plan |
| • |
Description of applicant's experience in real estate development |
| |
|
| |
With questions regarding the application, contact: |
| |
Permit Consultation Office City Hall Commons, Room 102 201 E. Washington Street (315) 448-4715Questions and supplemental materials can be emailed to BuyProperty@ci.syracuse.ny.us
|
|
Tax-foreclosed properties are sold for appraised value, except under the following programs. Third-party appraisals are ordered upon receipt of a complete purchase application.
|
| Programs under which the City can sell property for less than appraised value: |
| • |
Demolition/Sales Program – sale of vacant 1-4 unit residential structure for $1,000 plus $150 title fee; purchaser to demolish structure. |
| • |
Vacant Structure to Not-for-Profit Program – sale of vacant residential structure for $1.00 plus title fee and cost of appraisal. Purchaser is required to provide deposit of the lesser amount of the appraised value or $10,000 at closing, which will be held in escrow until completion of rehabilitation, at which time the deposit will be refunded. A letter of credit may be substituted for a deposit. |
| • |
Vacant Lot to Not-for-Profit Program – sale of buildable vacant lot for $1.00 plus title fee; purchaser is required to construct a residential structure on site. |
| • |
Small (non-buildable) Residential Vacant Lot Program – sale of lot to adjacent property owner; purchase price (plus title fee) as follows: |
| |
| |
| Less than 40' Frontage: |
| |
1' to 25' frontage |
$250.00 |
| |
26' to 33' frontage |
$400.00 |
| |
34' to 39' frontage |
$500.00 |
| |
|
|
|
| Over 40' frontage, but LESS THAN 100' deep: |
$0.20/sq. ft. |
| No frontage (rear parcel): |
$0.12/sq. ft. |
|