As the exclusive agent, Cushman & Wakefield | Pyramid Brokerage Company is pleased to present for sale The Graystone in the Central Business District of Buffalo, New York. The property consists of 42 apartment units ranging from 533 to 944 square feet. The building is on an approximately 0.19-acre lot at 24 South Johnson Park, mid-block between South Elmwood Avenue and Delaware Avenue.
The site is easily accessible from the Niagara Thruway (Interstate 190) using exit 8, Virginia Street, and the Kensington Expressway (Route 33). The Graystone is within a half mile of Niagara Square, the Buffalo Convention Center, and Shae's Theatre, and less than two miles from Canalside, a popular waterfront destination.
The Graystone is a six-story Italian Renaissance building constructed between 1894 and 1897. The building is architecturally significant as one of the earliest examples of reinforced concrete technology in the United States and is listed on the National Register of Historic Places. The redeveloped Graystone offers updated, contemporary-designed, attractive living spaces.
Current and future tenants benefit from the building's proximity to downtown's many cultural and entertainment destinations. Restaurants in the area and within walking distance include Buffalo Chophouse, Dinosaur BBQ, and Frankie Primo's. Several entertainment venues, including Shea's Performing Arts Center, Alleyway Theatre, and Town Ballroom, are all nearby The Graystone.
For further financial information, please reach out directly to receive the confidentiality agreement.