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990 Niagara St Buffalo, NY 14213

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For Sale
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95-unit apartment complex, prime Buffalo location

Property size:
50,246 SF

Property Features for 990 Niagara St

General Information

Property type
Multifamily properties
Square Feet
50,246 SF

Building Details

Year Built
1923

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Listing Contact
Brittany Weber
Brittany Weber

Listing Agency: J.R. Militello Realty, Inc. Listing Agent: Brittany Weber

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional redevelopment opportunity in Buffalo, NY, presents a fully entitled project at 990 Niagara Street. The 1.05-acre site features approved plans and permits for a 10-story building (130' high) encompassing 95 residential units – 48 one-bedroom and 47 two-bedroom apartments – and 6,000 square feet of ground-level retail space. The development also includes a 170-car parking ramp, a landscaped rooftop terrace with panoramic views, and a dog park. Construction drawings and site plans are available. The existing 50,246 - 125,000 square foot structure includes a parking ramp approved for ground-level commercial use. This project benefits from approximately $5.5 million in Brownfield Cleanup Program (BCP) credits, significantly reducing development costs. The building's design incorporates a three-story terrace atop the parking ramp. The asking price is $4.25 million. This prime location offers stunning views of the Niagara River and capitalizes on Buffalo's thriving market. The property's year of construction is 1923 for the existing structure, with the new construction to be determined. This is a rare chance to acquire a fully permitted, high-value mixed-use development in a rapidly growing urban area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.900041048468
Latitude
42.910372988412

FAQs

What type of property is this?
Multifamily property - 95-unit apartment complex, prime Buffalo location
Where is this multifamily property located?
The property is located at 990 Niagara St Buffalo, NY.
What are key features of this property?
This property features: Over one acre land parcel.; 50,000 SF existing parking ramp with city approval for ground-level commercial space and ~170 parking spaces.; City-approved plans for a 10-story, 95-unit apartment building (48 one-bedroom, 47 two-bedroom).
(716) 856-2872 Call to check price and availability
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