Active
959 Broadway
Buffalo NY, 14212
$3,000,000
$58.32 per sqft
Active
51,443 sqft
Commercial
Built in 1900
Rare opportunity to own a well maintained 35 unit, all brick building located on a main road in the city of Buffalo. The building consists of 35 total units, featuring 5 commercial units on the ground floor with long term tenants, 27 (2) bed units and 3 (1) bed units. With 51,000+ SqFt, each unit is very large making them desirable and easy to rent. Each floor has coin-op laundry adding additional income and a fully electric elevator servicing the entire building. Separate gas/electric utilities for entire building.Each unit has a forced air unit, water tank and electric panel (100 amp) in-unit. Significant capital improvements made to the elevator and to the electrical, which includes 3 phase 400 amp coming into the building. The basement features LED lighting and is wide open, can be used to add building amenities or add additional units Parking lot directly behind the building located at 697 Fillmore Ave can also be purchased separately. Current owner has began increasing rents to $1,000, there is tremendous upside in revenue once rents are increased. New gas meters have just been installed outside and is up to date on city inspection. Also listed as 5+ units, MLS#B1558953
B1559065
MLSⓇ ID
August 14, 2024
Listed
November 22, 2024
Updated
Map
959 Broadway
Buffalo NY, 14212
Interior Features
Total Stories
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
0.44 Acres
Roof
Flat
School Information
School District
Buffalo
Other Property Details
Area Name
Buffalo City-140200
Taxes
$41,979
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking Total
3
View
No
County
Erie
Municipality
Not Applicable
Water Source
Public
Pool
No
Zoning
N-3C
Courtesy of Iconic Real Estate, Ryan Burke
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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Michael Boland, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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Data last updated 7:35 PM UTC, 11/22/2024