408 Lincoln Pky - Apartments FOR SALE


Buffalo, NY 14216- Park Meadow
$2,000,000 USD
716-259-9859
408 Lincoln Pky, Buffalo, NY for Sale
$2,000,000 USD
Apartments - FOR SALE
1/12
null | 6.8% Cap Rate

408 Lincoln Pky
Buffalo, NY 14216
Park Meadow


OVERVIEW

Incredible Opportunity to purchase this 19-unit Tudor building in North Buffalo. 6 bay garage. 10- 1 Bedroom apts: 8- 2 Bedroom apts & 1 Studio. Current Certificate of Occupancy. Significant Capital Improvements: 1) Tear off Roof for half of the building 2018. 2) Steam Boiler Installed 2022. 3) Electrical Service Upgrade including all sub panels to breakers 2019. 4) Concrete walkways and parking pad 2024. 5) Various units renovated as they turn over.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

19

PRICE/UNIT

$105,263

CAP RATE

6.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1935

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

N-3R

APN/PARCEL ID

140200-089-220-0003-019-000

ASK ABOUT THIS PROPERTY

Jeffrey DanahyDanahy Real EstateMore Info
716-259-9859

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Jeffrey DanahyDanahy Real EstateMore Info
716-259-9859

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