507 Niagara St
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507 Niagara St
16 Unit Apartment Building $2,750,000 ($171,875/Unit) Buffalo, NY 14201
Investment Highlights
- The property has a high walk score
Executive Summary
Introducing 507 Niagara Street, a premier exclusive offering from Cushman & Wakefield | Pyramid Brokerage Company. This two-story, 11,832 SF building in the heart of downtown Buffalo features 16 fully renovated one- and two-bedroom apartments. These luxury apartments feature high-end finishes, restored fireplaces, stainless steel appliances, in-unit laundry, high-speed internet access, and ample storage space.
507 Niagara Street is ideally situated, offering walkable access to a variety of Buffalo amenities and convenient proximity to downtown Buffalo, D'Youville Campus, and numerous grocery stores, including Tops Friendly Markets. This property represents a unique opportunity to invest in a thriving urban environment.
507 Niagara Street is ideally situated, offering walkable access to a variety of Buffalo amenities and convenient proximity to downtown Buffalo, D'Youville Campus, and numerous grocery stores, including Tops Friendly Markets. This property represents a unique opportunity to invest in a thriving urban environment.
Property Facts
| Price | $2,750,000 | Building Class | C |
| Price Per Unit | $171,875 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 14,976 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2023 |
| Apartment Style | Low Rise | Parking Ratio | 0.2/1,000 SF |
| Price | $2,750,000 |
| Price Per Unit | $171,875 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 14,976 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2023 |
| Parking Ratio | 0.2/1,000 SF |
Unit Amenities
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 390 |
| 1+1 | 13 | - | 475 - 640 |
| 2+1 | 2 | - | 950 |
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 140200-110-270-0005-026-000 | Improvements Assessment | $190,000 |
| Land Assessment | $62,500 | Total Assessment | $252,500 |
PROPERTY TAXES
Parcel Number
140200-110-270-0005-026-000
Land Assessment
$62,500
Improvements Assessment
$190,000
Total Assessment
$252,500
zoning
| Zoning Code | N2-C (Neighborhood Commercial district.) |
| N2-C (Neighborhood Commercial district.) |
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Lucian Issa -
Robert Stewart -
Cushman and Wakefield/Pyramid Brokerage Company
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507 Niagara St
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