959 Broadway
$3,000,000
30
51,443
51,443
$58
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
- Listed by Ryan Burke • Iconic Real EstateP: (716)-236-7644 C: (716)-572-2848 rbrealestatewny@gmail.com
- Listed by Nicholas Giambra • Iconic Real EstateP: (716)-236-7644 C: (716)-239-6432 nicholas@giambrateam.com
Property Details for 959 Broadway
On Waterfront
No
Parking DescriptionNone, No Garage
Nearest Cross StreetFillmore Ave
LISTING UPDATED: 09/06/2024 10:08 AM
Property Details for 959 Broadway
Status | Active |
---|---|
MLS # | B1558953 |
Days on Market | 130 |
Taxes | $41,979 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Commercial |
Year Built | 1900 |
Lot Size | 0.44 AC / 19,345 SF |
County | Erie County |
Building Information for 959 Broadway
Stories4Residences35Year Built1900Building Size-Lot Size0.44 AC / 19,345 SF
Property Information for 959 Broadway
Property History for 959 Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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