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Property profile & analytics
OFF-MARKET
Land

20 Long St Williamsville, NY 14221

24,035 SF 0.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a fully approved and permitted 13-unit apartment building development in the desirable Village of Williamsville, New York. Located at 20 South Long Street, this prime multifamily project boasts significant progress already completed. Site enhancements, foundations, utilities, and a four-story elevator and stair tower are substantially finished. The sale includes all necessary Village-approved plans and permits, ensuring a streamlined and efficient completion process. The building encompasses 24,035 square feet on a 0.25-acre lot. The four-story structure will house thirteen residential units, capitalizing on the high demand for luxury rental properties in Williamsville. A comprehensive package of construction documents is available for review, providing detailed specifications and progress updates. This investment offers a compelling opportunity to capitalize on the strong rental market and achieve a high return. The property's prime location within the thriving Village of Williamsville further enhances its appeal and potential for success. This is a rare chance to acquire a nearly completed project with minimal delays, offering immediate potential for rental income and long-term appreciation. The project's advanced stage of construction minimizes risk and accelerates the path to profitability. All aspects of the development have been meticulously planned and executed in accordance with all local regulations and building codes.

Property profile
Verified
Property type Land
Total area 24,035 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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