Homes for sale - 959 Broadway, Buffalo, NY 14212

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Beth Matthews

elizabeth.matthews@exprealty.com +1(716) 209-3730

$ 2,300,000

Est. payment | -/mo

30 Beds

51,443 SqFt

Save

$ 2,300,000

Est. payment | -/mo

Save

30 Beds

51,443 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 51,443 sqft

Price per Sqft $44

MLS Listing ID B1558953

Bedrooms 30

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $41,979

Lot Size 0.444 Acres

Acres 0.4441

Lot Dimensions 130X122

Property Sub-Type Commercial

Property Description

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
Property is being sold WITHOUT C of O

Location

State NY

County Erie

Area Buffalo City-140200

Direction Directly on Broadway, between Fillmore Ave and Gibson St

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Laminate, Tile, Varies, Vinyl

Fireplace No

Appliance Electric Oven, Electric Range, Gas Water Heater, Refrigerator

Laundry Coin-operated

Exterior

Exterior Feature Gravel Driveway, See Remarks

Community Features Laundry Facilities

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Garage No

Building

Lot Description Near Public Transit

Story 4

Sewer Connected

Water Connected, Public

Structure Type Brick

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-111-360-0004-026-210

Acceptable Financing Cash, Owner Will Carry

Listing Terms Cash, Owner Will Carry

Special Listing Condition Standard

Listed by Iconic Real Estate

959 Broadway Buffalo, NY 14212