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Property profile & analytics
FOR SALE
Apartment buildings

164 Chalmers Ave Buffalo, NY 14214

45,337 SF Built 2019
Property ID
US63-Q022570
Property summary
AI-generated overview

Besen Partners has been exclusively retained by Ownership to market Highland Park – 164 Chalmers Avenue, Buffalo, NY 14214. The property was built in 2019 and contains 39 total apartments with a mix of one and two bedrooms. The units offer an attractively large average square footage of 1,162 per unit. Situated on the north side of Chalmers Avenue between Holden Street and Hill Street in Northeast Buffalo, the property offers modern apartment living with open layouts, in-unit laundry, stainless steel appliances, granite countertops, landscaped green space, off-street parking and excellent connectivity to public transportation. The asset is well-positioned within the North Buffalo rental market, offering residents spacious, thoughtfully designed floor plans and contemporary finishes in a professionally maintained setting. Buffalo is an economic hub in Western New York, driven by a diversified economy, strategic location, and ongoing investment. As New York State’s second-largest city, it serves as a regional center for commerce, healthcare, and education. Anchored by institutions like the University at Buffalo, Buffalo Niagara Medical Campus, M&T Bank HQ and Tesla Gigafactory 2, the city supports strong employment and innovation. Revitalization efforts in the downtown and waterfront—highlighted by projects like Canalside—continueto enhance its appeal. With strong connectivity, relative affordability, and growth in tech and renewable energy, Buffalo offers a compelling opportunity for commercial real estate investors seeking long-term stability and upside. Please click the link below to view the deal website and access financials. VIEW DEAL WEBSITE

Property profile
Verified
Property type Apartment buildings
Year built 2019
Total area 45,337 SF
UPID US63-Q022570
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
Current use
Occupant on record · Public records
  • Highland Park Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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