3527 Harlem Rd
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3527 Harlem Rd
21,320 SF 100% Leased Office Building Buffalo, NY 14225 $1,209,754 CAD ($57 CAD/SF) 8.09% Cap Rate
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
$1,209,754 CAD
Price Per SF
$57 CAD
Cap Rate
8.09%
NOI
$97,832 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
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 Line
- Signage
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PROPERTY TAXES
| Parcel Number | 143089-091-050-0004-018-000 | Improvements Assessment | $1,362,041 CAD |
| Land Assessment | $103,897 CAD | Total Assessment | $1,465,937 CAD |
PROPERTY TAXES
Parcel Number
143089-091-050-0004-018-000
Land Assessment
$103,897 CAD
Improvements Assessment
$1,362,041 CAD
Total Assessment
$1,465,937 CAD
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3527 Harlem Rd
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