5-Building Apartment
For Sale
$4,925,000
197 Virginia Street, Buffalo, NY 14201
The package spans Buffalo and Springville, with the option to acquire the properties separately.
Property Size13,246 SF
Days on Market9
Property Features for 197 Virginia Street
General Information
Standard status
Active
Size
13,246 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$29,620
Building Details
Building Size
13,246 SF
Year Built
1900
Buildings
5
Listing Agency:
WNY Metro Roberts Realty
Listed By:
David M Witczak · License #40WI1033093
(716) 891-1710
Source:
Highfallssir
Added: Sep 28
Changed: Oct 4
Last Checked: Oct 5 at 10:08PM
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 WNY Metro Roberts Realty
Investment Insights
Based on property information with market context.
This apartment package comprises five buildings across Buffalo and Springville, with the owner open to separate sales. In Buffalo, the properties include a 7-unit building on Jersey Street, a 5-unit brick building on Prospect Avenue, a three-story brick corner apartment building on Virginia Street, and a building on Huntington Avenue. The Prospect Avenue property contains 6,200 square feet, while the Virginia Street building has a mix of one- to three-bedroom apartments.
The fifth property is on East Main Street in Springville and contains eight apartments on a 1.6-acre lot. It has off-street parking and laundry facilities within the building. The property is in the Springville-Griffith school district.
The Buffalo buildings are identified with the West Side, Allentown, Front Park, downtown, and North Buffalo areas. The package offers a multi-building apartment offering across two communities, or the properties may be purchased separately.
The fifth property is on East Main Street in Springville and contains eight apartments on a 1.6-acre lot. It has off-street parking and laundry facilities within the building. The property is in the Springville-Griffith school district.
The Buffalo buildings are identified with the West Side, Allentown, Front Park, downtown, and North Buffalo areas. The package offers a multi-building apartment offering across two communities, or the properties may be purchased separately.
Key Highlights
- Five apartment buildings in Buffalo and Springville; owner will consider separate sales
- Springville property: 8 apartments on a 1.6‑acre Main Street lot
- Buffalo property on Prospect Avenue: 5‑unit brick building with 6,200 sf
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,601
Businesses Nearby
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Business Placement
Demographics for 14201, NY
12,364
Population
7,172
Households
1.7
Avg Household Size
33
Median Age
39%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
11,240
Density / Sq Mi
$34,204
Median Household Income
$34,081
Median Earnings
$953
Median Rent
$327,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - The package spans Buffalo and Springville, with the option to acquire the properties separately.
Where is this apartment building located?
The property is located at 197 Virginia Street Buffalo, NY.
What is the asking price?
The asking price for this property is $4,925,000.
What are key features of this property?
This property features: Five apartment buildings in Buffalo and Springville; owner will consider separate sales; Springville property: 8 apartments on a 1.6‑acre Main Street lot; Buffalo property on Prospect Avenue: 5‑unit brick building with 6,200 sf
