Fully Leased New Construction Asset 32 Buffalo St 8 Unit Apartment Building $2,850,000 ($356,250/Unit) 7% Cap Rate Churchville, NY 14428

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.