959 Broadway Buffalo, NY 14212
Broadway-Fillmore NeighborhoodEstimated payment $16,091/month
Highlights
- 0.44 Acre Lot
- Tile Flooring
- Coin Laundry
- Property is near public transit
- Forced Air Heating System
About This Home
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#B1559065Property is being sold WITHOUT C of O
Listing Agent
Listing by Iconic Real Estate License #10301221885 Listed on: 08/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $41,979
Year Built
- Built in 1900
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 130x122
Home Design
- Brick Exterior Construction
Interior Spaces
- 30 Bedrooms
- 51,443 Sq Ft Home
- 4-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven
- Electric Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- No Garage
- Gravel Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 35 Units
- Coin Laundry
- 36 Separate Gas Meters
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 140200-111-360-0004-026-210
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $7,955 | $1,570,000 | $19,200 | $1,550,800 |
| 2023 | $7,955 | $1,570,000 | $19,200 | $1,550,800 |
| 2022 | $7,894 | $1,570,000 | $19,200 | $1,550,800 |
| 2021 | $7,894 | $1,570,000 | $19,200 | $1,550,800 |
| 2020 | $5,580 | $1,570,000 | $19,200 | $1,550,800 |
| 2019 | $27,881 | $725,000 | $12,900 | $712,100 |
| 2018 | $25,774 | $725,000 | $12,900 | $712,100 |
| 2017 | $4,313 | $725,000 | $12,900 | $712,100 |
| 2016 | $24,263 | $725,000 | $12,900 | $712,100 |
| 2015 | -- | $725,000 | $12,900 | $712,100 |
| 2014 | -- | $725,000 | $12,900 | $712,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $2,300,000 | 0.0% | $45 / Sq Ft |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- |
| 02/18/2025 02/18/25 | Price Changed | $2,300,000 | -14.8% | $45 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $2,700,000 | -10.0% | $52 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $3,000,000 | -- | $58 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $1,075,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | Unknown | |
| Closed | $90,000 | Unknown | |
| Open | $450,000 | No Value Available | |
| Previous Owner | $799,500 | Commercial |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1558953
APN: 140200-111-360-0004-026-210
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