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1433 Niagara St 4,744 SF Industrial Building Buffalo, NY 14213 $875,000 ($184.44/SF)

EXECUTIVE SUMMARY
1433 Niagara St is a 26,070 sqft property (approximately .6 acres). It includes a 10,972 sqft brick building standing 2 stories & a 2 bay 1 story cinder block garage. The sale will include adjacent lot 1425 Niagara St (tax ID 140200-088-740-0007-027-000) making 118 ft of Frontage on Niagara with 220 ft of depth. Formerly a salvage yard & most recently used as construction staging for phase 3 of a transformative streetscape & infrastructure project changing Niagara St from its industrial past to a vibrant destination that benefits its waterfront proximity & recent increased private investment, accommodating pedestrians & bicyclists; creating a multimodal corridor. Across from the future Westside Bazaar & walking distance to the Crescendo, a 42 unit luxury loft apartment building & vibrant restaurant. Zoned N-1S a zoning code that aims to support employment centers with a mix of uses, particularly those with existing mid-rise and large footprint industrial structures.
PROPERTY FACTS
| Price | $875,000 | Rentable Building Area | 4,744 SF |
| Price Per SF | $184.44 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1930 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.49 AC | ||
| Zoning | N-1S - Light Industrial | ||
| Price | $875,000 |
| Price Per SF | $184.44 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.49 AC |
| Rentable Building Area | 4,744 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | N-1S - Light Industrial |
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 140200-088-740-0007-028-000 | Improvements Assessment | $25,000 |
| Land Assessment | $50,000 | Total Assessment | $75,000 |
PROPERTY TAXES
Parcel Number
140200-088-740-0007-028-000
Land Assessment
$50,000
Improvements Assessment
$25,000
Total Assessment
$75,000
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1433 Niagara St
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