203 Pratt St - Industrial FOR SALE


Buffalo, NY 14204- Willert Park
$1,450,000 USD
716-913-7107
203 Pratt St, Buffalo, NY for Sale
$1,450,000 USD
Industrial - FOR SALE
1/20
null | Request Cap Rate

Jun '26


203 Pratt St
Buffalo, NY 14204
Willert Park


HIGHLIGHTS

  • Redevelopment Opportunity
  • Historic Rehabilitation
  • Potential Incentives and Tax Credits
  • William and Jefferson Corridor

OVERVIEW

A long, underutilized, and substantially vacant portion of the Crosby Company Campus is available for sale as a Reuse Project or Historic Rehabilitation Redevelopment. The Crosby Company is still in operation at the site, utilizing the remainder of the Campus. These buildings have not been used in several years, and it is time to put them to good use in the community. The property sits on approximately 30% of the current Campus, or approximately 2 acres of land with about 70,000 sq ft of mostly brick buildings to potentially renovate into apartments or Live-work spaces. The property consists of 4 vacant land parcels and 8 buildings of various sizes from one to 4 stories, that are to be divided out from the primary parcel at 412 William. (Several SBL #s) There is potential for some or all of the following at this site: HISTORIC TAX CREDIT (HTC) • 20% NYS HTC + 20% Federal HTC BROWNFIELD CLEANUP PROGRAM (BCP) –EN-Zone (Environmental Zone) –BOA (Brownfield Opportunity Area) AS WELL AS: –20% NYS BCP Tangible Property Credit –Up to 24% credit if Track 1 cleanup or affordable housing - City of Buffalo 485-a (multi year tax abatement) -Erie County adaptive reuse (sales & mortgage tax exemption) -NYS Consolidated Funding Application (CFA) grants -Utility Company Grants and Support –National Grid & National Fuel - Low-Income Housing Tax Credits (LIHTC) The current zoning is N-1S Secondary Employment Center and D-C Flex Employment District.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Crosby Campus (a portion of)

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

N-1S, D-C

APN/PARCEL ID

140200-111-490-0006-022-000

ASK ABOUT THIS PROPERTY

Ronald Gunner TronoloneHunt Commercial Real EstateMore Info
716-913-7107

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Ronald Gunner TronoloneHunt Commercial Real EstateMore Info
716-913-7107

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.