Active

959 Broadway

Buffalo NY, 14212

$3,000,000


$58.32 per sqft

Active

30 Beds

51,443 sqft

Other

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 commercial, MLS#B1559065

B1558953

MLS ID

August 14, 2024

Listed

November 22, 2024

Updated

Map

959 Broadway
Buffalo NY, 14212

Interior Features

Total Stories

4


Bedrooms

30


Appliances

Electric Oven, Electric Range, Gas Water Heater, Refrigerator


Laundry Description

Coin-operated


Floor Description

Carpet, Laminate, Tile, Varies, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.44 Acres


Exterior Features

Gravel Driveway, See Remarks


Lot Features

Near Public Transit


Roof

Flat


Sewer

Connected

School Information

School District

Buffalo

Other Property Details

Area Name

Buffalo City-140200


Taxes

$41,979


Tax Frequency

Annually


Days on Market

23


Garage

No


Parking

None, No Garage


View

No


County

Erie


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

 

Courtesy of Iconic Real Estate, Ryan Burke

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Data last updated 7:35 PM UTC, 11/22/2024

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