Seiously.....$275000....now thats cheap. Any idiot could rent the 1st floor out and put apartments upstairs...and the building would pay for itself.
In fact...a smart developer would add a 3d or 4th floor.
Seiously.....$275000....now thats cheap. Any idiot could rent the 1st floor out and put apartments upstairs...and the building would pay for itself.
In fact...a smart developer would add a 3d or 4th floor.
Anyone notice the other real estate signs on the building too? Saperston, Reccio, and Pyramid. Now I guess it's Hunt's turn to try.
Some building owners will let several commercial realty firms list a property simultaneously hoping someone will bring a deal in. Typically these sellers aren't in much of a hurry.
This photo is a couple months old and Hunt has the exclusive listing now. The property owner appears to be more serious- the asking price is down $25,000 from when Recckio was advertising it online.
Chris69..."any idiot" would need significant capital to renovate the place before could attract reliable tenants. "A smart developer" cant simply "add a 3rd or 4th floor" without the help of a smart engineer, a smart architect, and a smart investor. The smart developer would also need approval for the not so smart planning board and we all know how that goes. I love people like you who make outrageous proposals without considering the cost and red tape. I wish development were as easy a task as you imply.
That Saperston sign brings back memories. Back in the day (1970's) it seems like every derelict building downtown was covered with a Saperston sign. It was almost like a sign of blight. You don't see those orange signs around as much anymore.
Steel you are dead on with those awful Saperston signs, they always reminded me of those emergency enclosure signs. Hey, I have heard that Bashir Issa has shown an interest in this bulding, he's thinking about adding 30 floors though.
I believe this location was considered a few yeqars back for a year round farmers market (similar concept to one proposed on BRO for the waterfront, I believe) by the City of Buffalo's Office of Strategic Planning.
"That Saperston sign brings back memories. Back in the day (1970's) it seems like every derelict building downtown was covered with a Saperston sign. It was almost like a sign of blight. You don't see those orange signs around as much anymore. "
My thoughts exactly growing up on the east side. They still creep me out to this day...
Tax assessment is dead-on at $275,000. That's a rarity. Our building at 291 Bryant St is over 5,400 sq. ft. and will be marketed for $329,900 with the extensive work throughout already completed.
It will take some $ to do the rehab, but this will be an attractive building when someone does it.
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