20 Long St Williamsville, NY 14221
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.
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.