27 Sunnyside Avenue Bemus Point, NY 14712
19-unit apartment building near Chautauqua Lake.
Type:Multifamily
Property size:
23,500 SFPrice / SF:
$47/SF- Added:
- Nov 21, 2025
- Days on Market:
- 159
- Last Refresh:
- Jan 27 at 8:28 pm
Property Features for 27 Sunnyside Avenue
General Information
- Standard status
- Active
- Size
- 23,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing agent JOE ORR License #15385
Listing office WEICHERT, REALTORS Joe Orr & Associates (716) 481-3325
Listing date Nov 21, 2025
Source Huntcommercial
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT, REALTORS Joe Orr & Associates
Overview
Converted School Building Apartments
This former two-story brick school building has been converted into a 19-unit apartment building. The apartments are currently HUD subsidized with government-guaranteed rents and are age and low-income restricted. At the end of the HUD contract, the property can be converted to market-rate apartments. The 23,500 square foot building includes a 5,000 square foot vacant gymnasium, which could be converted into additional apartments. Excess land on the property could accommodate approximately 12 to 13 more units. The property features a coin-operated laundry on site and ample parking. The building is located within walking distance of Chautauqua Lake. Tenants are responsible for paying their electric bills. Nine of the 19 units have been completely renovated, with approximately $400,000 in improvements almost completed. Recent improvements include new windows and exterior doors, a new central boiler, a new electrical panel, and the installation of mini-split HVAC units in all apartments.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sunnyside Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Bemus Point
- County
- Chautauqua
- State
- New York
- Longitude
- -79.39
- Latitude
- 42.1602
FAQs
What type of property is this?
Apartment building - 19-unit apartment building near Chautauqua Lake.
Where is this apartment building located?
The property is located at 27 Sunnyside Avenue Bemus Point, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Excellent 8% CAP Rate; $400,000 in improvements almost completed, including new windows & exterior doors, new central boiler, new electrical panel and installation of mini‑split HVAC units in all apartments.; Nine of 19 units completely renovated
