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425 Chicago 0.34 Acres of Commercial Land Offered at $160,000 in Buffalo, NY 14204

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INVESTMENT HIGHLIGHTS

4 Contiguous lots.
Great investment in area of active revitalization

Highly visible and convenient to downtown Buffalo

EXECUTIVE SUMMARY

Great development opportunity in a perfect location. Limitless possibilities for land improvements.

PROPERTY FACTS Under Contract

Price	$160,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use Multifamily Apartment Units Parking Lot
Sale Condition	Redevelopment Project	Total Lot Size	0.34 AC
No. Lots	1	Cross Streets	Myrtle
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	N-2E - Mixed-Use Edge

Price	$160,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Apartment Units Parking Lot
Total Lot Size	0.34 AC
Cross Streets	Myrtle
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	N-2E - Mixed-Use Edge

1 LOT AVAILABLE

Lot

Price	$160,000	Lot Size	0.34 AC
Price Per AC	$470,588.24

Price	$160,000
Price Per AC	$470,588.24
Lot Size	0.34 AC

FOR SALE: 4 contiguous parcels comprise prime development site proximate to the Central Business District, Downtown Buffalo and Sahlen Field. Ideal for income-producing parking lot, mixed-use or multi-family. Adjacent to Larkinville District.

DESCRIPTION

Raw land located between Swan St and Myrtle Ave. 4 parcels in total, allowing for ample room for improvements.

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Walk Score®

Very Walkable (78)

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PROPERTY TAXES

Parcel Numbers	Multiple 140200-111-720-0001-003-000 140200-111-720-0001-002-000 140200-111-720-0001-053-000 140200-111-720-0001-001-000	Improvements Assessment	$0
Land Assessment	$15,500	Total Assessment	$15,500

PROPERTY TAXES

Parcel Numbers

Multiple

140200-111-720-0001-003-000
140200-111-720-0001-002-000
140200-111-720-0001-053-000
140200-111-720-0001-001-000

Land Assessment

$15,500

Improvements Assessment

Total Assessment

$15,500

(716) 994-2100

CONTACTS

Amy Nagy
Rodman Nagy
Windsor Turner

Listing ID: 32287466
Date on Market: 6/28/2024
Last Updated:
Address: 425 Chicago, Buffalo, NY 14204

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