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1253 Broadway Street
Buffalo, NY 14212
MLS #B1025881

Apartment Building
    A-Active $149,000
    Est. P&I payment: $569.08/mo
    1253 Broadway Street, Buffalo, NY 14212
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 1
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 2
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 3
    Description for 1253 Broadway Street, Buffalo, NY 14212
    Alas, investors dreams do come true. A true 25% capitalization rate on a 17 room, rooming house with approximately 1,800 vacant, first floor, commercial square footage that used to be occupied as a bar. The property is located 0.6 miles to Buffalo's Central Terminal and 2.9 miles to City Hall. The rooming house license is active and the building has no code violations. At full occupancy, the property can bring in over $7,000.00 a month. The property has long term management that would like to continue through the next ownership.
    MLS #B1025881
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    My Notes for MLS #B1025881

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: A-Active
    • Total Num of Apartments: 18
    • Type of Sale: Normal
    • Year Built: 1900
    • Year Built Description: Existing

    Exterior Features

    • Driveway Description: Blacktop
    • Exterior Construction: Vinyl
    • Garage Spacesper Apt: No Garage Spaces
    • Lot Dimensions Depth: 100
    • Lot Dimensions Frontage: 36
    • Lot Information: Commercial Zoning,​Near Bus Line,​Other - See Remarks
    • Num of Acres: 0.0826
    • Num Of Crop Acres: 0
    • Num of Garage Spaces: 0
    • Num Of Pasture Acres: 0
    • Num Of Tillable Acres: 0
    • Num Of Timber Acres: 0
    • Num Of Wooded Acres: 0
    • Parking Spacesper Apt: 3 Or More Spaces
    • Roof Description: Asphalt,​Flat,​Rubber Membrane

    Interior Features

    • Basement Description: Full
    • Baths Total: 0
    • Floor Description: Laminate-Some,​Tile-Some,​Wall To Wall Carpet-Some
    • Kitchen Equip Appl Included: Negotiable
    • Num of 1 Bedroom Apartment: 17
    • Num of Stories: 3
    • Sq Ft Total: 6,440

    Utility Features

    • Heating Fuel Description: Gas
    • HVAC Type: Steam
    • Num of Electric Meters: 1
    • Num of Gas Meters: 1
    • Num of Heating Units: 1
    • Sewer Description: Sewer Connected
    • Water Heater Fuel: Gas
    • Water Resources: Public Connected

    Financial Features

    • Amtper Square Foot: 0
    • City Village Tax: 626
    • First Bedrm Average Month Rent: 338
    • Gross Annual Income: 48,600
    • Incomeexpense Information: Provided By Owner
    • Leased Priceper Sq Ft: 0
    • Operating Expenses Include: Electric,​Gas/Oil,​Insurance,​Management,​Property Management,​Utilities,​Water / Sewer
    • Rent Includes: All Utilities
    • Total Taxes: 852
    • Town County Tax: 226

    Community Features

    • Amenities Included: No Amenities
    • City Neighborhood: East Side
    • County Or Parish: Erie
    • Nearest Cross Street: Memorial Drive
    • Subdivision Comm Complex: Holland Land Cos Surv
    • Village: Not Applicable

    School Features

    • School District Name: Buffalo

    Miscellaneous Features


      Street View Not Available
      Directions to 1253 Broadway Street, Buffalo, NY 14212
      On the corner of Broadway Street and YOung Street, One block past where Broadway Street and Memorial Drive intersect.

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      ($ or %)
      P&I Payment $569.08
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      The listing information for 1253 Broadway Street, Buffalo, NY 14212 was graciously provided by our friends at the listing brokerage, Accardo Realty
      Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on AB Cole Real Estate, Inc.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. AB Cole Real Estate, Inc., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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      Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor AB Cole Real Estate, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. ©2017 New York State Alliance of MLS's. All rights reserved.

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      Last Updated 02/22/2017 at 11:45pm
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