990 Niagara St Buffalo, NY 14213
Property profile & analytics
990 Niagara St Buffalo, NY 14213
- Warehouses
- 49,874 SF
- 0.94 lot acres
Property ID
US63-1571522
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 990 Niagara St
- Year built
- 1930
- Lot size
- 0.94 lot acres
- Property size
- 49,874 SF
- Zone code
- N-1S
- Property type
- Warehouses
- APN
- 140200 99.49-6-8
- APU
- 140200994968
Description
This exceptional redevelopment opportunity in Buffalo, NY, presents a fully entitled project at 990 Niagara Street. The 1.05-acre site features approved plans and permits for a 10-story building (130' high) encompassing 95 residential units – 48 one-bedroom and 47 two-bedroom apartments – and 6,000 square feet of ground-level retail space. The development also includes a 170-car parking ramp, a landscaped rooftop terrace with panoramic views, and a dog park. Construction drawings and site plans are available. The existing 50,246 - 125,000 square foot structure includes a parking ramp approved for ground-level commercial use. This project benefits from approximately $5.5 million in Brownfield Cleanup Program (BCP) credits, significantly reducing development costs. The building's design incorporates a three-story terrace atop the parking ramp. The asking price is $4.25 million. This prime location offers stunning views of the Niagara River and capitalizes on Buffalo's thriving market. The property's year of construction is 1923 for the existing structure, with the new construction to be determined. This is a rare chance to acquire a fully permitted, high-value mixed-use development in a rapidly growing urban area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,686,000
Market price range: $1.21M - $3.96M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,785,000 Current use
- COMMERCIAL (GENERAL)
- $2,770,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.9006
- Latitude
- 42.9103
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,378
$441,700
$208,300
$650,000
-
$631,000
$297,571
$928,571
