77 Buffalo St Hamburg, NY 14075
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.