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84-88 W Utica St

8,348 SF 7% Leased Office Building Buffalo, NY 14209 $1,250,000 ($150/SF)

Investment Highlights

  • Beautiful Multi-family property

Executive Summary

Beautiful stone multi-family property of two buildings ("84 West Utica" and 88 West Utica, although both are on the same parcel) just east of Delaware adjoining the Saturn Club: Currently nine apartments (4 in 84 and 5 in 88) are rented. The entire 2,500 sf first floor of 88 is available for renovation for further residential or office purposes. There is paved, striped parking for about 25 cars. 88 West Utica is one mile to the Buffalo Niagara Medical Campus, 1.9 miles down Delaware to City Hall, and a two block walk to the Light Rail Rapid Transit stop at Main and West Utica.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $26,000 $3.11
Operating Expenses - -
Total Expenses $26,000 $3.11

Financial Summary (Actual - 2023)

Taxes
Annual $26,000
Annual Per SF $3.11
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $26,000
Annual Per SF $3.11

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,348 SF
Building Class
B
Year Built/Renovated
1900/2014
Price
$1,250,000
Price Per SF
$150
Percent Leased
7%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,783 SF
Building FAR
0.38
Land Acres
0.50 AC
Opportunity Zone
Yes
Zoning
N-2E - Residential
Parking
25 Spaces (2.99 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Fenced Lot
  • Security System
  • Yard
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140200-100-470-0001-002-000
Land Assessment
$196,000
Improvements Assessment
$354,000
Total Assessment
$550,000
Annual Taxes
$26,000 ($3.11/SF)
Tax Year
2023
  • Listing ID: 33509357

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 84-88 W Utica St, Buffalo, NY 14209

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