425 Chicago StBuffalo, NY 14204

  • Commercial land
  • 11,950 SF
For Sale
$190,000 View listing

Property Details for 425 Chicago St

Year built
1900
Lot size
0.14 AC
Property size (Sq ft)
11,950 SF
Zone code
N-2E
Property type
Commercial land
APN
140200 111.72-1-53
APU
14020011172153

Description

This exceptional 0.34-acre property in Buffalo, NY, presents a unique investment opportunity. Comprising four contiguous parcels (APN: 111.72-1-53; 111.72-1-1; 111.72-1-2; 111.72-1-3), this land is zoned N-300 and offers versatile development potential. Its strategic location near Chef's restaurant and the vibrant Larkinville District provides excellent access to downtown Buffalo, Sahlen Field, and the Central Business District. The property's size and zoning make it ideal for a variety of uses, including mixed-use development, the creation of an income-generating parking lot, or residential/commercial construction. The asking price is $190,000. This is a rare chance to acquire a substantial parcel in a rapidly developing area of Buffalo, offering significant long-term growth potential. The address is 425 Chicago St, Buffalo, NY 14204. Latitude: 42.87941875, Longitude: -78.86542486. This property is classified as Residential, Commercial, and Industrial.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,481,270
    Hospitality
    $2,272,830
    Educational
    $1,890,968
    Medical
    $1,956,002
    Retail
    $2,941,506
425 Chicago St, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.8796
Longitude
-78.8654
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42
$8,000
-
$8,000
-
$11,429
-
$11,429

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