3527 Harlem Rd
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3527 Harlem Rd
21,320 SF 100% Leased Office Building Buffalo, NY 14225 £669,545 (£31/SF) 8.09% Net Initial Yield
Investment Highlights
- Two Story 21,320 Sq. Ft. Commercial Office Building
- Lot 245' x 270' (0.76 Ac)
- Long Term Leases
- Recently Renovated
- Ample Onsite Parking 50+
- Excellent Investment 8% Cap Rate
Executive Summary
- Two Story 21,320 Sq. Ft. Commercial Office Building
- Includes two parcels SBL #'s 91.05-4-18 and 91.05-4-19 totaling 0.76 Acres
- Recently Renovated
- Lot 245' x 270' (0.76 Ac)
- Ample Onsite Parking 50+
- Building fully sprinklered (wet)
- One dock door on side of building (not currently in use)
- Long Term Leases
- Excellent Investment 8% Cap Rate
- Close Proximity to Route 33 (Kensington Expressway) and NYS Thruway I-90
- Priced Significantly Under Assessed Value
- Includes two parcels SBL #'s 91.05-4-18 and 91.05-4-19 totaling 0.76 Acres
- Recently Renovated
- Lot 245' x 270' (0.76 Ac)
- Ample Onsite Parking 50+
- Building fully sprinklered (wet)
- One dock door on side of building (not currently in use)
- Long Term Leases
- Excellent Investment 8% Cap Rate
- Close Proximity to Route 33 (Kensington Expressway) and NYS Thruway I-90
- Priced Significantly Under Assessed Value
Property Facts
Sale Type
Investment
Property Type
Building Size
21,320 SF
Building Class
C
Year Built
1972
Price
£669,545
Price Per SF
£31
Net Initial Yield
8.09%
NOI
£54,146
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
10,660 SF
Building FAR
0.64
Lot Size
0.76 AC
Parking
53 Spaces (2.48 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Signage
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PROPERTY TAXES
| Parcel Number | 143089-091-050-0004-018-000 | Improvements Assessment | £753,015 |
| Land Assessment | £57,440 | Total Assessment | £810,455 |
PROPERTY TAXES
Parcel Number
143089-091-050-0004-018-000
Land Assessment
£57,440
Improvements Assessment
£753,015
Total Assessment
£810,455
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3527 Harlem Rd
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