Meidenbauer House
Multifamily | 7 Units | $228,571/unit
Marketing description
As the exclusive agent, Cushman & Wakefield | Pyramid Brokerage Company is pleased to offer 204 High Street for sale. The property is a 6,685-square-foot, 7-unit multifamily building located in Buffalo, New York (the “Property”). 204 High Street is ideally situated in the Buffalo Niagara Medical Campus, one of Buffalo’s most established and in-demand neighborhoods. The area is characterized by a dense concentration of medical, research, and educational institutions, along with a growing mix of residential, retail, and lifestyle amenities. The Property is located within immediate walking distance of some of the region’s largest and most stable employers. Major institutions nearby include Buffalo General Medical Center, Roswell Park Comprehensive Cancer Center, and Oishei Children’s Hospital, supporting consistent rental demand from healthcare professionals, researchers, and affiliated staff.
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Investment highlights
- Fully Renovated, Turn-Key Asset (2024)
The property underwent a complete top-of-market renovation completed in 2024. Units and building systems have been modernized to meet current renter expectations. The asset offers limited near-term capital expenditure requirements.
- Strategic Location Adjacent to Buffalo Niagara Medical Campus
The property is immediately proximate to the Buffalo Niagara Medical Campus, one of the region’s largest employment centers. It is within walking distance to Buffalo General Medical Center, Roswell Park Comprehensive Cancer Center, and Oishei Children’s Hospital. The location supports consistent rental demand from healthcare professionals, researchers, and affiliated staff.
- Proximity to Jacobs School of Medicine & Biomedical Sciences
Tenant demand is supported by medical students, faculty, residents, and visiting professionals. Institutional adjacency supports long-term occupancy and rent stability.
- Historic Property with Modern Repositioning
The building is an architecturally significant property that has been thoughtfully repositioned for contemporary multifamily use. The blend of historic character and modern finishes allows the property to stand out relative to competing assets in the submarket.
- Proximity to Allentown Retail and Entertainment Corridor
The property is a short walk from the Allentown neighborhood’s retail, dining, and nightlife offerings. The walkable lifestyle location enhances tenant demand and retention.
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