485 Sunset DrHamburg, NY 14075

Property Details for 485 Sunset Dr

Year built

1972

Lot size

1.68 AC

Property size (Sq ft)

6,375 SF

Property type

Office buildings

APN

144803 182.12-1-4.2

APU

14480318212142

Description

Located at 485 Sunset Drive in Hamburg, New York (zip code 14075), this Erie County property offers a diverse range of office solutions. The space caters to various business needs, from individual entrepreneurs to large corporations. Available options include traditional private offices, fully furnished and equipped to suit individual requirements, ranging from single-person setups to spaces accommodating entire companies. Customizable office spaces are also available, along with disaster recovery spaces and day offices, providing flexible access as needed. A comprehensive benefits program, including exclusive discounts and procurement support, enhances the value proposition for tenants. Beyond private offices, the location provides coworking spaces, offering shared office or open-plan areas for those seeking a collaborative environment. Hot desking and daily reservations are available. Meeting rooms of various sizes are also available for rent, equipped with Wi-Fi and presentation equipment, suitable for informal meetings, training sessions, interviews, board meetings, or conferences. Virtual office options are also available, providing prestigious business addresses, mail handling, and professional virtual assistant services. Virtual Office packages include lounge access and office space access for a specified number of days per month. Flexible working plans provide access to a global network of workspaces, including city center, airport, and station locations. These plans offer access to private offices or coworking spaces for varying numbers of days per month. While the total building square footage is not currently specified, the property is suitable for businesses of all sizes. The property is classified as a Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, accommodating a wide range of business types. The tenancy is multiple, indicating shared occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,156,460

  6.5%

  $1,067,501

  7%

  $991,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $609,900

  Geo Method

  $575,339

• Alternative Use

  Use

  Valuation

  Residential

  $1,323,702

  Hospitality

  $1,212,504

  Educational

  $1,008,789

  Medical

  $1,043,483

  Retail

  $1,569,227

Location Insight

City

Hamburg

County

Erie

State

New York

Latitude

42.7371

Longitude

-78.8452

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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