32 Buffalo St - Apartments FOR SALE


Churchville, NY 14428
$2,850,000 USD
585-546-4866
32 Buffalo St, Churchville, NY for Sale
$2,850,000 USD
Apartments - FOR SALE
1/16
null | 7% Cap Rate

32 Buffalo St
Churchville, NY 14428


HIGHLIGHTS

  • Newly constructed
  • Brand new apartment building, 100 percent occupied
  • New apartments and retail space on Black Creek

OVERVIEW

32 Buffalo St & S Main St, Churchville, NY 14428 FOR SALE – NEW CONSTRUCTION | BLACK CREEK COMMONS Introducing Black Creek Commons, a premier mixed-use development in the heart of Churchville, NY, overlooking the scenic Black Creek. Completed in Spring 2025, this brand-new construction offers a true hands-off investment opportunity with both residential and retail components fully in place. Property Highlights: 8 Luxury Apartments – Spacious 2-bedroom, 2-bath units featuring private garages, elevator access, open floor plans, and high-quality finishes. Each unit is individually metered, providing efficiency and long-term ease of management. 2 Prime Ground-Level Retail Spaces – Highly visible storefronts with strong tenancy already secured. Current occupants include an established insurance company and a property management/real estate firm, ensuring immediate rental income stability. Key Features: Modern new construction with timeless design Direct waterfront location on Black Creek Elevator access to residential levels Ample on-site parking and private garage options Individually metered utilities for tenant efficiency Convenient location in the Village of Churchville Ideal 1031 Exchange opportunity This is a rare chance to acquire a newly constructed, fully leased mixed-use asset in a growing community. With strong demand for rental housing and limited new supply in the area, Black Creek Commons is positioned as a long-term, stable investment with immediate income and future upside.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

8

PRICE/UNIT

$356,250

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased New Construction Asset

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

multi family

APN/PARCEL ID

264801-143-100-0001-037-000

ASK ABOUT THIS PROPERTY

Peter GillettFlaum Management Company, Inc.More Info
585-546-4866

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Peter GillettFlaum Management Company, Inc.More Info
585-546-4866

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