Seller's Agent in 2025
Julie Murek
Howard Hanna
(716) 885-4000
3 in this area
24 Total Sales
540 Niagara St Buffalo, NY 14201
West Side NeighborhoodEstimated Value: $292,094
3
Beds
--
Bath
7,731
Sq Ft
$38/Sq Ft
Est. Value
Highlights
- 0.2 Acre Lot
- Wood Flooring
- Forced Air Heating System
About This Home
As of February 2025Exciting opportunity to be part of the transformational redevelopment of Niagara St! Very large (7,731 total sq ft), brick, mixed-use investment property with reliable cash flow. Sale includes two buildings (540 Niagara St & 544 Niagara St). Property consists of: two storefront businesses (one barbershop, one restaurant/bakery, both well established & successful); a three bedroom townhome (tenant occupied); a partially gutted two bedroom townhome; and a two bedroom upper apartment (vacant). Separate utilities. Full, dry basement. Driveway, two car detached garage, & additional parking in the rear. Property is centrally located between downtown, Peace Bridge into Canada, Buffalo Niagara Medical Campus, D'Youville College, Allentown, & Elmwood Village. Close proximity to major thru-way systems. Current gross annual income $55,800. With renovation of the partially gutted townhome & leasing of the vacant two bedroom upper apartment, potential gross annual income $85,800.
Last Agent to Sell the Property
Listing by Howard Hanna WNY Inc Brokerage Phone: 716-602-2947 License #10401298096 Listed on: 07/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,774
Year Built
- Built in 1925
Lot Details
- 8,580 Sq Ft Lot
- Lot Dimensions are 65x132
Home Design
- Brick Exterior Construction
Interior Spaces
- 3 Bedrooms
- 7,731 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
Parking
- 3 Parking Spaces
- Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Radiant Heating System
- Gas Water Heater
Community Details
- 5 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Rent includes trash collection, water
- Assessor Parcel Number 140200-110-270-0003-009-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2024
Sold by
Bought by
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $270,000 | None Available | ||
| $270,000 | None Available | ||
| $270,000 | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Sold | $270,000 | -10.0% | $35 / Sq Ft |
| 10/24/2024 10/24/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $299,900 | -- | $39 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $998 | $339,000 | $55,400 | $283,600 |
| 2024 | $998 | $178,000 | $46,200 | $131,800 |
| 2023 | $902 | $178,000 | $46,200 | $131,800 |
| 2022 | $895 | $178,000 | $46,200 | $131,800 |
| 2021 | $895 | $178,000 | $46,200 | $131,800 |
| 2020 | $308 | $178,000 | $46,200 | $131,800 |
| 2019 | $1,538 | $40,000 | $9,200 | $30,800 |
| 2018 | $1,422 | $40,000 | $9,200 | $30,800 |
| 2017 | $238 | $40,000 | $9,200 | $30,800 |
| 2016 | $1,339 | $40,000 | $9,200 | $30,800 |
| 2015 | -- | $40,000 | $9,200 | $30,800 |
| 2014 | -- | $40,000 | $9,200 | $30,800 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Murek
-
Jeremy Ballsmith
Buyer's Agent in 2025
Jeremy Ballsmith
Towne Housing Real Estate
(716) 598-7257
1 in this area
10 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1550066
APN: 140200-110-270-0003-009-000
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