959 Broadway

Buffalo, NY 14212

$3,000,000
Price
30
Beds
51,443 Sq. Ft.
$58 / Sq. Ft.
51,443
Sq. Ft.
$58
per Sq. Ft.

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...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
  1. Listed by Ryan Burke • Iconic Real Estate
    P: (716)-236-7644 C: (716)-572-2848 rbrealestatewny@gmail.com
  2. Listed by Nicholas Giambra • Iconic Real Estate
    P: (716)-236-7644 C: (716)-239-6432 nicholas@giambrateam.com

Property Details for 959 Broadway

On Waterfront
No
Parking Description
None, No Garage
Nearest Cross Street
Fillmore Ave
LISTING UPDATED: 09/06/2024 10:08 AM

Property Details for 959 Broadway

StatusActive
MLS #B1558953
Days on Market130
Taxes$41,979 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Commercial
Year Built1900
Lot Size0.44 AC / 19,345 SF
CountyErie County

Building Information for 959 Broadway

Stories4Residences35Year Built1900Building Size-Lot Size0.44 AC / 19,345 SF

Property Information for 959 Broadway

Summary
Location and General Information
  • Elementary School District: Buffalo
  • High School District: Buffalo
  • Middle Or Junior School District: Buffalo
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
  • Tax Annual Amount: $41,979.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 51443.0
  • Land Features: Near Public Transit
  • Num Of Acres: 0.4441
  • Lot Size Area: 0.4441
  • Lot Size Square Feet: 19345.0
  • Lot Size Units: Acres
  • Parcel Number: 140200-111-360-0004-026-210
  • Road Frontage: Main Thoroughfare
  • Lot Number: 26
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $1,570,000
  • Year Built: 1900
  • Year Built Description: Existing
  • Property Sub Type Additional: Commercial
Utilities
  • Num Of Electric Meters: 36
  • Num Of Gas Meters: 36
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Laundry Facilities
  • Construction Materials: Brick
  • Exterior Features: Gravel Driveway, See Remarks
  • Roof Description: Flat
Interior Features
  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 30
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Tile, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Laundry Features: Coinoperated
  • Sq Ft Total: 51443.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 35
  • Operating Expense Includes: Electric, Insurance, Maintenance, Professional Management, Trash, Water Sewer
  • Stories: 4
  • Stories Total: 4
Rental
Rental Information
  • Rent Includes: Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 959 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 959 Broadway

Taxable ValueLand$19,200Additions$1,550,800Total$1,570,000
Tax Record2023$8,159 ($680 / month)
Home Facts
Total Finished SqFt50,041 SqFtAbove Grade Finished SqFt50,041 SqFtUnfinished Basement SqFt1,402 SqFtStories4Lot Size19,345 SqFtStyleOffice BuildingYear Built1985ZoningN-3CCountyERIEAPN140200 111.36-4-26.21

Schools near 959 Broadway

This home is within Buffalo City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 6
Rating
School
Distance
Harriet Ross Tubman Academy
PublicPK to 8

East Community School
Public9 to 12

P.S. 59 Dr Charles Drew Science Magnet
PublicPK to 8

Martin Luther King Jr #48
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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959 Broadway is a multi-family home for sale in Buffalo, NY 14212. This property was listed for sale on August 14, 2024 by Iconic Real Estate, it's currently listed at $3,000,000. It has been on the market for a total of 130 days and was last sold on February 15, 2014. This listing's school district is Buffalo City School District. Nearby schools include Harriet Ross Tubman Academy, East Community School and P.S. 59 Dr Charles Drew Science Magnet. 959 Broadway is a 30-bed, 0-bath, 51,443 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iconic Real Estate

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.