Historic Downtown Buffalo Office
For Lease
Contact for pricing
172 Franklin St, Buffalo, NY 14202
Eight-story office building built in 1916, downtown Buffalo.
Space Size1,901 SF - 6,061 SF
Property Size76,088 SF
Days on Market1360
Property Features for 172 Franklin St
General Information
Standard status
Active
Size
1,901 SF - 6,061 SF
Class
B
Property subtype
Office
Lease Type
Gross
Building Details
Building Size
76,088 SF
Year Built
1916
Tenancy
Multiple
Spaces For Lease
at 172 Franklin St Contact us- Size
- 6,061 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 800
- Size
- 2,591 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 301
- Size
- 2,673 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 400
- Size
- 3,027 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 510
- Size
- 1,901 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 601
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Listing Agency:
Ellicott Development
Listed By:
Sarah Couch · License #NY
Source:
Crexi
Added: Nov 30, 2022
Changed: Aug 15
Last Checked: Aug 20 at 10:38AM
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 Ellicott Development
Investment Insights
Based on property information with market context.
The Crosby Building is an 8-story building constructed in 1916. Located on the corner of Franklin Street and Mohawk Street in downtown Buffalo, New York, this historic building is within walking distance of the Chippewa Entertainment District, Main Street, and the Erie Basin Marina. The property is centrally located downtown with access to metro rail and bus lines. Interstate 190 and the Kensington Expressway ramps are nearby.
Key Highlights
- Historic 8‑story skyscraper built in 1916.
- Centrally located in downtown Buffalo.
- Walking distance to Chippewa Entertainment District, Main Street, and Erie Basin Marina.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.09 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,794
Businesses Nearby
Explore this area
Business Placement
Demographics for 14202, NY
3,850
Population
2,452
Households
1.6
Avg Household Size
38
Median Age
45%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
4,278
Density / Sq Mi
$47,990
Median Household Income
$36,936
Median Earnings
$709
Median Rent
$495,800
Median Home Value
Market
Lease Benchmarks for Buffalo, NY
$17.25 /SF/Yr
Avg Asking Price
$15–$20 /SF/Yr
Price Range
20,967 SF
Avg Space Size
This space is priced 19% below the average of $17.25 /SF/Yr.
Vacancy Rate% for Office in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Eight-story office building built in 1916, downtown Buffalo.
Where is this office building located?
The property is located at 172 Franklin St Buffalo, NY.
What is the lease rate?
The lease rate is $13.95 SF/Yr.
What are key features of this property?
This property features: Historic 8‑story skyscraper built in 1916.; Centrally located in downtown Buffalo.; Walking distance to Chippewa Entertainment District, Main Street, and Erie Basin Marina.
