Sutton brokers $3 million sale and leases 5,000 s/f

Syracuse Property Management Company

Bart Feinberg of Sutton Real Estate Company brokered the sale of approximately 6 acres to Bankers Healthcare Group (BHG) in Syracuse’s Lakefront District for $3,000,000.


In addition, Sutton Real Estate Company has leased the final 5,000 SF in the Sherwood Office Park in Syracuse, NY.


Karen Cannata-LaRocca and Kristen Nave represented Steven C. Stacy, DDS, P.C.  in a deal that closed in October 2019. Dr. Stacey will be leasing one of the last spaces in Sherwood Office Park that will be home to his dental practice.


Elderchoice Inc., has entered into a 5 year lease for 2,500 square feet.  Kristen Nave and Bart Feinberg brokered the deal between Elderchoice Inc. and the landlord.


See the full article on NYREJ.

Sutton Real Estate facilitates three sales totaling $4.735 million

Syracuse Property Management Company

Kenneth Tyminski of Sutton procured the sale of 226-230 West Genesee St., which is a 34-unit apartment building with two store fronts in the downtown area. The building sold for $3.28 million.


Matt Buroni of Sutton represented the seller in the sale of two multifamily/student housing properties at 1005 & 1007 Harrison St. The two properties have 12 units with 20 beds total and sold for $1.35 million.


Larry Socia and Richard Robb of Sutton, together with Jones Lang LaSalle arranged the sale of a building at 8929 North Seneca Street in Weedsport to Lunkenheimer Craft Brewing Co.


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Fournier Appointed Receiver of Cortland Hotels

Syracuse Property Management Company

“CORTLAND — Sutton Real Estate Co. announced that Louis Fournier, company president, was appointed by the state Supreme Court in Cortland County earlier this year to be the receiver for the Ramada Inn and Red Roof Inn in Cortland. The two hotels have a total of 150 rooms.The property containing the hotels had fallen into disrepair in recent years, according to Syracuse based Sutton Real Estate, and 40 of the 150 rooms in the Ramada Inn were closed due to water damage from a leaking roof. The occupancy and the overall condition of both properties was negatively impacted as a result. Sutton says it has started renovating the 40 rooms that were out of commission and began reintroducing the property to the Cortland market under the new management of Gulph Creek Hotels, which has been hired to manage the hotel during the receivership.”


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Sutton Real Estate brokers four transactions totaling $2.855 million

Syracuse Property Management Company

St. Andrews Church in North Syracuse recently sold for $350,000 to the St. Mary & St. Mina Coptic Church for their new home. Bart Feinberg of Sutton represented the seller and Tim Macknik of Bridgeway Real Estate represented the buyer of the 24,000 s/f religious facilities.


The Historic Caldwell and Ward Brass factory recently sold to JGH Properties, LLC. They will be converting the former 32,000 s/f factory into market rate apartments. JGH Properties was represented by Feinberg and the seller, Cabinet Fabrication Group, LLC, was represented by Joe Lewis of Sutton.