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Property profile & analytics

61 Gates Ave Buffalo, NY 14218-1029

  • Manufacturing properties
  • 39,000 SF
  • 3.18 lot acres
OFF-MARKET
Last Sale
Jan 16, 2025
$2,000,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-1066940
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lackawanna Municipal Housing / Housing Authority
  • Greenbelt Industries LLC / Manufacturer / Service Establishment
  • Sampla Belting North America / Manufacturer / Industrial Equipment Supplier

Property Details for 61 Gates Ave

Year built
2000
Lot size
3.18 lot acres
Property size
39,000 SF
Zone code
IND
Property type
Manufacturing properties
APN
140900 141.07-4-11.2
APU
140900141074112

Description

This exceptional 39,000-square-foot industrial property, situated on a 3.18-acre lot in Lackawanna, NY, presents a compelling investment opportunity. Built in 2000, this single-story building boasts a desirable location with high visibility from Route 5 (34,641 AADT), offering excellent access to major transportation arteries. The property features a spacious clear-span design with a 19-foot ceiling height at the center and 15-foot eaves, providing ample room for various industrial uses. Four 9'x10' dock-high doors and two grade-level doors ensure efficient loading and unloading. The building also includes a functional office space comprising a conference room, kitchenette, storage area, bullpen, and four private offices, catering to administrative needs. Ample parking is available with 30 spaces. Its strategic location offers convenient proximity to Route 5, I-90, Route 219, and the Peace Bridge, facilitating seamless regional and cross-border logistics. The asking price is $2,800,000, translating to $71.79 per square foot. This property is ideal for distribution, manufacturing, or warehousing operations seeking a well-maintained facility in a prime location. The property's address is 61 N Gates Ave, Lackawanna, NY 14218.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8502
Latitude
42.8303
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$95,400
$1,367,600
$1,463,000
-
$120,760
$1,731,140
$1,851,900
More about this property
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