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Office Residential For Sale • 55,800 SF
| A meticulously maintained 50,600 SF Romanesque Revival masterpiece situated on the NFTA Metro Rail line in the Heart of Buffalo’s CBD. |
| Stabilized Income - Anchor tenant Crowley Webb (33,940 SF) through 2030. Long-term tenancy since 1990. |
| Benefit from a "Walker’s Paradise" rating, with an array of dining and entertainment options within a two-block radius |
| Modernized Asset - Over $1M in recent CapEx including New Roof, HVAC Units, Cooling Tower, Boilers, Electric upgrades, etc. |
| Managed and occupied by the primary stakeholder since 2016, ensuring pride-of-ownership and high maintenance standards. |
| Upside: 11,300 SF total vacancy (including 6th floor) - Current Yield: 6.77% | Target Yield: 8.89%+ |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Buffalo (Empire Service - Amtrak, Maple Leaf - Amtrak) | 2 min | 6 min | 0.3 mi |
| Transit/Subway | Drive | Walk | Distance |
| Seneca (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) | 1 min | 1 min | 0.1 mi |
| Church (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) | 1 min | 3 min | 0.2 mi |
| Erie Canal Harbor (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) | 1 min | 5 min | 0.3 mi |
| Lafayette Square (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) | 2 min | 7 min | 0.4 mi |
| Fountain Plaza (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) | 2 min | 11 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Buffalo Niagara International | 20 min | - | 11.7 mi |
| Niagara Falls International | 30 min | - | 20.2 mi |
