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The Alexandre Apartments 510 Washington St 12 Unit Apartment Building For Sale Buffalo, NY 14203

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INVESTMENT HIGHLIGHTS

Twelve (12) Apartments and One (1) Commercial Space
Assumable Mortgage at 4.0%
Complete Conversion-Renovation in 2018

Unit Mix: (6) 1 bed / 1.5 bath (6) 2 bed / 2 bath and (1) 1,350 SF Retail Space
City Tax Abatement through 2032

EXECUTIVE SUMMARY

Premier investment opportunity in the heart of Downtown Buffalo. The property known as The Alexandre Apartments, located at 510 Washington Street, is a luxury 12-unit multifamily/mixed use building, offering a rare chance to acquire a high-quality asset in Buffalo's Central Business District. This meticulously maintained building features 12 upscale residential units and first floor commercial space. Its prime location provides immediate access to major employers, entertainment venues, public transportation, and benefits from the momentum of downtown revitalization efforts.
Please call 716-852-7500, or email tbalentine@pyramidbrokerage.com for financials and rent roll.

Alexandre Apartments

PROPERTY FACTS

Sale Type	Investment	Lot Size	0.06 AC
No. Units	12	Building Size	19,530 SF
Property Type	Multifamily	Average Occupancy	100%
Property Subtype	Apartment General Retail Storefront Retail/Residential	No. Stories	7
Apartment Style	Mid-Rise	Year Built	2018
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	N-12 - Urban Core Downtown Hub

Sale Type	Investment
No. Units	12
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Mid-Rise
Building Class	B
Lot Size	0.06 AC
Building Size	19,530 SF
Average Occupancy	100%
No. Stories	7
Year Built	2018
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	N-12 - Urban Core Downtown Hub