ALBANY — A $15 million state-built film studio outside Syracuse, which promised to produce hundreds of jobs and bring Hollywood’s glitter to Central New York, hit an inglorious milestone on Friday with its sale to a new corporation set up by Onondaga County to manage it.

The price? $1.

The flop of the Central New York Film Hub, built by frequent and generous donors to Gov. Andrew M. Cuomo who are facing federal corruption charges, had been presaged almost since its announcement in 2014, when the governor wondered aloud the miracle of the concept.

“Who would have ever figured: Hollywood comes to Onondaga, right?” Mr. Cuomo said. “You would have never guessed. But it has.”

It actually never did.

Mr. Cuomo, a Democrat facing re-election in the fall, had promised that the project would create “at least 350 new high-tech jobs” and would be “a hot spot” for cutting-edge filmmaking techniques. But beyond temporary construction jobs, sporadic shoots and a lucrative contract for its builder, COR Development, the film hub has been anything but a success. It sat rarely used and became the subject of lawsuits by COR, which said the state owed it back rent.