1510-1524 Bailey Avenue Buffalo, NY $ 450,000
1510-1524 Bailey Avenue
$ 450,000
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1510-1524 Bailey Avenue

Buffalo, NY, 14212
$ 450,000
Baths0.0 Sq 12,498

Monthly Estimate*

$ 3,143

1510-1524 Bailey Avenue, Buffalo, NY 14212 - Image 1
1510-1524 Bailey Avenue, Buffalo, NY 14212 - Image 2
Studio

Commercial Property for sale in Buffalo, NY

for $450,000. This 12,498 square foot building was built in 1937 on a lot size of 0.983999.

Looking for a chance to own a cash flowing investment property or the possibility of a long-term development parcel. Property has 5 buildings with 9 tenants. Ability for rent increases to see an increase in Cap Rate. Cleared Phase 2 available. ProForma Available. Most tenants under Month to Month agreements.

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Commercial Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,182

Style

Lot Size

0.983999

Year Built

1937

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1524358

Features
General
Sewer PublicSewer
Heating Electric Gas Individual Baseboard ForcedAir
Cooling Item1Unit
Utilities SewerConnected
Possession CloseOfEscrow
Roof Asphalt Flat Membrane Rubber
Zoning D-IL
Year Built 1937
Electric Item3Phase
Stories 1
Township Not Applicable
Levels One
Gross Income 36384.0
County Erie
Net Operating Income 22502.0
Operating Expense 9700.0
Property Type CommercialSale
Subdivision Name Holland Land Company's Su
Total Rooms 5
Status Active
Directions Broadway to Bailey Buildings on Right before Bridge. Bailey Last Driveway on left before Large Chain Drug Store at Broadway.
City Buffalo
High School District Buffalo
Zoning Description Light Industrial
Total Units 0
MLS Area Buffalo City-140200
Lot Size Square Feet 42863.0
Waterfront Y/N No
Street Name Bailey
Year Built Details Existing
Tax Annual Amount 4182.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 1
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 120000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 2
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Main Level Bathrooms 0
Total Baths 0
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Exterior
Total Parking 15.0
Inclusions Land and Building
Lot Size Area 0.984
Number of Buildings 5
Building Area Total 12498.0
Lot Dimensions 160X248
Lot Size Acres 0.984
Lot Size Units Acres
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Internal Only
Street Number 1 1510
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* Excluded Features
List By
Wny Metro Roberts Realty

Broker

(716) 239-9001

Phone

Affordability Calculator

$3,492
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$450,000 Listed Price

Map


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1510-1524 Bailey Avenue, Buffalo, NY, 14212 is a Commercial Property for sale at $450,000 with 12,498 sqft and a lot size of 0.983999. 1510-1524 Bailey Avenue is a studio with 0.0 baths and was built in 1937. The property's zip code is 14212 which is in Buffalo, NY