903 Ellicott StBuffalo, NY 14209
- Commercial land
- 3.43 AC
Property Details for 903 Ellicott St
- Lot size
- 3.43 AC
- Zone code
- D-R
- Property type
- Commercial land
- APN
- 140200 100.71-3-1.12
- APU
- 140200100713112
Description
This exceptional 4.91-acre development site presents a unique opportunity in Buffalo, NY's vibrant downtown core. Situated along Ellicott and North Streets, this property boasts approximately 418 feet of frontage on Ellicott Street and 407 feet on North Street, offering unparalleled visibility and accessibility. Its strategic location within the Buffalo Niagara Medical Campus (BNMC) area provides proximity to world-class healthcare, research, and educational institutions, creating a strong foundation for a mixed-use development. The site's potential uses are diverse, encompassing commercial, medical, retail, hospitality, and multi-family options, allowing for the creation of a dynamic and thriving city block. Further enhancing its appeal, this property is potentially eligible under the New York State Brownfield Cleanup Program and is located within a Qualified Opportunity Zone, offering significant financial incentives. An overlay zoning effort is underway to further unlock redevelopment potential. Convenient access to public transportation, including the Buffalo Metro Rail and bus stops, adds to its desirability. The surrounding area offers a blend of modern amenities and historic charm, including spacious parks, iconic architecture, and professional sports venues, all within a cost-effective and convenient urban setting. This is a rare chance to build a landmark project in a rapidly growing and desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $31,023,308
- Hospitality
- $28,417,184
- Educational
- $23,642,764
- Medical
- $24,455,874
- Retail
- $36,777,632
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.9028
- Longitude
- -78.8656
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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