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Property profile & analytics
OFF-MARKET
Manufacturing properties

433 Broadway St Buffalo, NY 14204-1527

10,080 SF 0.11 ac lot Built 1900
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US63-1702009
Property summary
AI-generated overview

This exceptional 9,080 square foot industrial property at 433 Broadway Street in Buffalo, NY, presents a compelling owner-user investment opportunity. The two-story brick building, situated in Buffalo's vibrant Broadway redevelopment zone, offers significant potential for adaptive reuse. Currently configured as a multi-tenant distribution and warehouse space, the property features a first floor currently occupied, with the second and third floors vacant. The first floor boasts hardwood flooring, a cargo lift, and 200-amp, phase 3 power. A new roof was installed in December 2021. The building's permitted commercial zoning allows for a variety of redevelopment options, making it ideal for retail or residential conversion. The asking price is $299,000, translating to $32.93 per square foot. The property consists of one building and features a total of two stories. Occupancy is available October 4, 2023. This prime location in Erie County (zip code 14204) offers excellent access to transportation and amenities. Don't miss this chance to acquire a versatile property with substantial upside in a rapidly developing area.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Total area 10,080 SF
Lot 0.11 ac (4,830 SF)
Zoning code N-3C
APN 140200 111.49-6-3
UPID US63-1702009
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
  • Ullman Sails Textile Manufacturer
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Chris Augspurger · 12 yrs held
Chris Augspurger
since 2013
2 recorded transactions
2013
$20,000
2013
Price N/A
Zoning & alternative use
N-3C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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