Syracuse, N.Y. — The famous old Syracuse factory with a mysterious house on top is up for sale.
The historic former H.A. Moyer carriage factory on Syracuse’s North Side is listed for sale with an asking price of $1.6 million.
But if you’re interested, you’ll have to make an offer quickly. Martin McDermott, a salesperson with JF Real Estate, said three developers with plans to turn the structure into apartments have made offers and one of them could be selected soon.
Built in 1895 at 1710-1720 N. Salina St., the five-story, nearly 200,000-square-foot complex originally served as businessman Harvey Moyer’s carriage factory and later was the home of the Porter-Cable Machine Co. and then the Penfield Manufacturing Co. (a maker of mattresses and bedroom furniture).
What really makes the site a Syracuse landmark, though, is the red two-story house that adorns the roof of its main building.
For decades, the house was a mystery to most Syracusans. It can be seen in a 1915 postcard depicting the Moyer factory.
According to one legend, it belonged to an old woman who lived on the property before it was sold to Moyer and was rebuilt on the roof of the factory as a condition of the sale so she could continue to live there.
Another legend had it that the factory’s owner lived in it so he could keep a close eye on his business.
Moyer’s daughter said in a 1937 newspaper interview that the house was an “architectural gimmick” used to attract attention to her father’s business, which operated on the site from 1895 to 1915. But subsequent owners of the building did not allow close inspections of the house by outsiders, keeping the speculation and rumors about the structure swirling.
All that changed when trucking company owner Yiorgos Kyriakopoulos bought the complex for $200,000 in 2012, six years after Penfield Manufacturing closed, to store his collection of antique cars and trucks. The following year, Kyriakopoulos agreed to give a Syracuse.com | The Post-Standard reporter and photographer a tour of the house.
Here’s a gallery of photos from that tour:
27
It turned out, no one ever lived in the house. It’s a shell that houses the motor that powers the building’s ancient, but still working, freight elevator.
At the time, Kyriakopoulos said he might create an office for himself in the house while he planned a redevelopment of the building into storefronts and loft apartments. But in September 2017, before he could get his plans off the ground, he was killed in a traffic accident in Greece, where he went to attend his oldest brother’s funeral.
His daughters have put the complex up for sale. In its listing, JF Realty said the property would, among other things, make an ideal conversion to a “one-of-a-kind" corporate headquarters, or a residential, hotel or retail development.
Given the growing popularity of residential conversions of old industrial properties in the city in recent years, McDermott said apartments appear to be the most likely option, with ground-floor retail. The main building has room for a little more than 100 apartments, he said.
“The best and highest use would be apartments of various types -- mixed income, affordable or market rate,” he said.
The building’s roof, which sports a panoramic view of the entire city, would make an impressive roof-top terrace for tenants, he said.
As for the little house, it would be up to the next owner to decide whether to turn it into living space or use it for some other purpose. McDermott said any buyer who wanted to claim federal and state historic tax credits for a redevelopment of the property would, at the least, be required to maintain the house’s exterior.
Rick Moriarty covers business news and consumer issues. Have a question or news tip? Contact him anytime: Email | Twitter | Facebook | 315-470-3148
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