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Investment Highlights

  • Approved for 23 residential units
  • Detailed construction documents available with NDA
  • Prime location in the Village of Hamburg
  • Currently working on getting approvals for additional units

Executive Summary

77 South Buffalo offers a unique opportunity to acquire a fully permitted development in a rapidly growing rental market.
The sale includes all Village-approved plans and permits, simplifying the development process and allowing construction to begin with ease. Potential to increase total number of units.
With demand for high-end rental properties on the rise in Hamburg, this project is poised to deliver strong returns on investment.
A full package of documentation is available for review by interested buyers.

Property Facts

Sale Type Investment
No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 2.10 AC
Construction Status Proposed
Building Size 30,427 SF
No. Stories 3
Year Built 2028
Parking Ratio 1.61/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Yard
  • Freezer

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 4 - 1,193
2+2 4 - 1,214
2+2 3 - 1,086
2+2 3 - 1,199
2+2 3 - 1,250
1+2 3 - 1,254
2+2.5 3 - 1,263
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
144803-196-090-0005-031-000
Land Assessment
$18,800
Improvements Assessment
$0
Total Assessment
$18,800
  • Listing ID: 33207301

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 77 S Buffalo St, Hamburg, NY 14075

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