929 Sycamore St Buffalo, NY 14212
Late 19th-century church in Buffalo, NY, for residential redevelopment.
Property Features for 929 Sycamore St
General Information
- Zoning
- N-3E Mixed-Use Edge Neighborhood
Source:
Recckio
Listing Agent: Rick Recckio
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Gothic Revival Church Redevelopment Opportunity
The former Transfiguration Church, a late 19th-century Gothic Revival structure, presents a redevelopment opportunity. Architectural and engineering plans are in place to transform the site into a residential development featuring approximately 14 apartments while preserving the historic exterior. The redevelopment project has an estimated budget of $6.3 million, with projected monthly gross rents of $2,800 per unit and annualized income exceeding $700,000. The property is located on Buffalo’s East Side, minutes from Downtown Buffalo, with accessibility to major roadways including the Kensington Expressway (NY-33), the I-190, and I-90. It is less than two miles from the Buffalo Niagara Medical Campus and a short drive from Canisius College, SUNY Buffalo State, and the University at Buffalo’s downtown campus. KeyBank Center, Sahlen Field, and the LECOM Harbor Center are also nearby. The 16,983+/- SF site is surrounded by residential neighborhoods, emerging redevelopment projects, and diverse cultural communities. The building has suffered deterioration, including roof collapse and structural damage. The sellers would prefer to stay involved in the development after closing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8369432
- Latitude
- 42.8978947
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Late 19th-century church in Buffalo, NY, for residential redevelopment.
Where is this apartment building located?
The property is located at 929 Sycamore St Buffalo, NY.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: - Architectural and engineering plans are already in place for a 14-unit residential development, preserving the historic exterior.; - Projected annualized income in excess of $700,000 with estimated monthly gross rents of $2,800 per unit.; - Potential eligibility for historic tax credits and favorable preservation economics.