3991 Harlem RdAmherst, NY 14226

Property Details for 3991 Harlem Rd

Year built

1929

Lot size

0.23 AC

Property size (Sq ft)

3,091 SF

Property type

Investment properties

Property subtype

Live-work space

APN

142289 80.13-6-21

APU

1422898013621

Description

This exceptional executive office space, located at 3991 Harlem Road in Amherst, New York, presents a unique opportunity for businesses seeking a prominent presence in a thriving commercial area. The property, built in 1929, offers a total of 3,091 square feet, with 1,354 square feet currently available for lease on the first floor. The space is ideal for a single tenant and is classified as both retail and office space, offering versatility for a range of businesses. The building boasts ample customer parking, a significant advantage in a high-traffic area. Situated in Erie County, this location benefits from excellent street visibility and accessibility, making it an attractive option for businesses seeking high exposure. The monthly rent is $1700, plus utilities. The property's convenient location in Amherst, NY, zip code 14226, offers easy access to major transportation routes and a vibrant local community. This is a proven location for business success, offering a blend of historical charm and modern convenience. Don't miss this chance to establish your business in this desirable Amherst commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $560,713

  6.5%

  $517,581

  7%

  $480,611

• Comparable approach

  Method

  Valuation

  Relative Method

  $295,716

  Geo Method

  $194,455

• Alternative Use

  Use

  Valuation

  Residential

  $641,800

  Hospitality

  $587,886

  Educational

  $489,114

  Medical

  $505,935

  Retail

  $760,844

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.9525

Longitude

-78.7837

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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