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    77 Buffalo St Hamburg, NY 14075

    Sponsored
    For Sale
    Contact for pricing

    Prime Hamburg location, fully approved plans.

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully permitted multifamily development project situated at 77 South Buffalo Street in the Village of Hamburg, New York, 14075. The 2.1-acre site is approved for a 23-unit apartment building, with the potential for expansion. All necessary Village-approved plans and permits are included in the sale, streamlining the development process and enabling immediate commencement of construction. Detailed construction documents are readily available for review. The property boasts a total square footage ranging from 30,000 to 50,000 square feet. Given the high demand for rental and condo units in Hamburg's thriving rental market, this project promises substantial returns on investment. This is a rare chance to acquire a turnkey development opportunity in a prime location, eliminating the complexities and delays often associated with obtaining approvals. The comprehensive documentation package ensures a smooth and efficient transition for the buyer. Don't miss this chance to capitalize on the burgeoning rental market in Hamburg, New York.

    Property Features for 77 Buffalo St

    General Information

    Property type
    Multifamily properties
    Square Feet
    30,000 SF
    Lot Size
    91,476 SF

    HighLights

    • 77 South Buffalo Street, Hamburg, NY, approved for a 23‑unit multifamily development with expansion potential.
    • Complete construction documents available.
    • Prime Village of Hamburg location.
    • High demand for rental and condo units in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamburg
    County
    Erie
    State
    New York
    Longitude
    -78.83009467
    Latitude
    42.71376445

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    FAQs

    What type of property is this?
    Multifamily property - Prime Hamburg location, fully approved plans.
    Where is this multifamily property located?
    The property is located at 77 Buffalo St Hamburg, NY.
    What are key features of this property?
    This property features: 77 South Buffalo Street, Hamburg, NY, approved for a 23-unit multifamily development with expansion potential.; Complete construction documents available.; Prime Village of Hamburg location.
    Request Owner's contact information
    77 Buffalo St Hamburg, NY 14075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    77 Buffalo St Hamburg, NY 14075
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