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29167506
29167505

6 Locations

JG
NY 10401286617
Keller Williams Realty Buffalo
Listed by Keller Williams Realty Buffalo
Unpriced
143 days on market
Updated 143 days ago

6 parcel portfolio

Details
Property Type Retail
Sub Type Commercial
Cap Rate 7.82%
NOI $109,465
Stories 6

Retail | 7.82% CAP

Marketing description

A comprehensive 6-parcel, 15-door mixed-use real estate investment opportunity in South Buffalo. This portfolio offers strong cash flow potential with a strategic mix of retail storefronts and residential units across prime Seneca Street locations.

Seneca Street functions as a primary commercial and residential corridor within South Buffalo, connecting established residential neighborhoods with employment centers, retail nodes, and regional transportation routes. The area has historically served as a working-class, owner-occupied community and is now experiencing a period of targeted reinvestment focused on infrastructure, walkability, and mixed-use redevelopment.

Unlike emerging markets driven solely by private speculation, reinvestment along Seneca Street is anchored by coordinated public planning and capital deployment, providing a more stable foundation for long-term value creation.

The Seneca Street corridor in South Buffalo presents a compelling opportunity to acquire stabilized and value-add assets within a submarket benefiting from meaningful public investment, active private redevelopment, and long-term neighborhood planning initiatives. The portfolio offers durable in-place cash flow, favorable basis relative to replacement cost, and measurable upside tied to ongoing corridor revitalization rather than speculative growth assumptions.

This investment is positioned to deliver both near-term income stability and long-term appreciation supported by infrastructure improvements already funded and underway.

Investment highlights

  • 1890 Seneca Street
  • Purchase Price: $249,900
  • Annual Gross Income: $40,200
  • 2322 & 2308 Seneca Street
  • Dual Property Package
  • Purchase Price: $299,900
  • 2346 Seneca Street
  • Purchase Price: $199,000

Listing Contacts

JG
NY 10401286617
Keller Williams Realty Buffalo
Listed by Keller Williams Realty Buffalo

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$109,465.39
$9,122.12/mo

Valuation Metrics

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Additional Information

Name
Jennifer Goetz
License
10401286617
Brokerage
Keller Williams Realty WNY
Brokerage Phone
7163166664
Title
Broker
Brokerage Address
5500 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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