234 Buffalo St Hamburg, NY 14075
This exceptional mixed-use investment opportunity in Hamburg, NY, presents a rare chance to acquire a stabilized, 100% occupied property generating impressive cash flow. The property, located at 234 Buffalo Street, comprises two commercial retail units and two residential apartments within two buildings, totaling 7,556 square feet on a 0.36-acre lot. Built in 1960 and extensively renovated in 2010 and again in 2021, this Class B property boasts significant recent improvements. These upgrades include a new front and lower porch, partial roof replacement, and kitchen renovation for the residential units, as well as a new furnace, exterior foundation work, new basement windows, and a new drainage system for the entire property. Both commercial units have also undergone renovations, including the upgrade of two shared bathrooms. The property benefits from a large rear parking lot for tenant and customer convenience. Situated in the heart of Hamburg Village, this property enjoys excellent walkability and proximity to major retailers, making it an ideal investment for both immediate income and long-term appreciation. The permitted zoning is C-Commercial
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.