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1000 Hertel Avenue, Buffalo, NY 14216$2,300,000

Sq. Feet: 27,589 Days on Site: 86 MLS#: B1390271 View Map

Comments for 1000 Hertel Avenue, Buffalo, NY 14216

Amazing investment opportunity located in the thriving North Buffalo/Hertel business district. This property currently has 2 long term tenants with a potential owner occupy if desired and a great cash flow profile. This is a newer building, built in the 80s, with updated mechanicals and 50+ parking spots in the adjacent lot. Income and expense available by request.

Property Type: Commercial - Business Parking: On Site
Days on Site: 86 Parking Notes: On Site
Flooring: Linoleum, Vinyl Roof Type: Membrane, Rubber
Heating: Gas, Forced Air Stories: 1.0
Lot Description: Rectangular Taxes: $37,831
Lot Dimensions: 250X226 Units: 2
Lot Size: 1.30 Acres Year Built: 1985
Parcel#: 140200-078-620-0004-026-200  
School District: Buffalo

Listing By

Agency Name: MJ Peterson Real Estate
Agent Name: The PrimeTime Team
Agency Phone: Cell: (716) 903-1395

Erie County Demographic Information for 1000 Hertel Avenue, Buffalo, NY 14216

Fips
Fips Code36029
Population
2010 to 2019 Change0.0%
2010 Count919,040
2020 Count954,236
2019 Estimate918,702
2010 Estimate919,134
Age Distribution (Years Old)
0 to 45.5%
5 to 1720.2%
18 to 6455.9%
65 and Older18.4%
Gender
Male48.4%
Female51.6%
Place of Birth
Foreign7.2%
US92.8%
Education
High School Graduate, Age 25+91.8%
Bachelor's Degree or Higher, Age 25+34.4%
Computer and Internet use
Households with a computer87.8%
Households with a broadband Internet subscription81.2%
Language
English is Second Language, Age 5+10.7%
English is First Language, Age 5+89.3%
Veterans
Veterans52,004
Income
Per Capita Income$33,598
Median Household Income$58,121
People in Poverty13.3%
Commute
Average Work Commute Time22 minutes
Housing
Total Housing Units430,732
Households389,585
Average Household Size2.29
Owner-Occupied64.6%
Multi-Family37.3%
Owner-Occupied Median Value$153,400
Median selected monthly owner costs -with a mortgage$1,333
Median selected monthly owner costs -without a mortgage$540
Median gross rent$829
Building Permits
New Private Housing Issued 20201,269
Years at Residence
1 Year or More87.8%
Less Than 1 Year12.2%
Business and Employment
Private non-farm Establishments22,762
Private non-farm Employment427,343
Private non-farm Employment Growthup 0.5%
Nonemployer Establishments52,711
Number of Firms61,354
Business Production
Value of Shipments$15,835,448,000
Wholesale Trade$19,343,197,000
Retail Trade$12,106,065,000
Retail Sales Per Capita$13,172
Accommodation and Food Services$1,871,900,000
Land
Land Area1,042.69 sq. miles
Population Per Square Mile882
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Mortgage Payment Calculation for 1000 Hertel Avenue, Buffalo, NY 14216

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $13,477.26 / per month

(Payments are an estimate and may vary by lender)

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