253 Allen St

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253 Allen St

Buffalo, NY 14201
Asking Price
$1.40M
Asset Type
Apartment Building Retail
Class
Class B

What's Special

Investment | 7,508 SqFt <ul><li>​Located near The Medical Campus in the Historic Allentown District. </li><li>​Highly visible space on the corner of Allen Street and Wadsworth Ave with views of Day’s Park. </li><li>​Area known for its heavy retail foot traffic.</li><li>​Improvements made to mechanicals, flooring & more. </li><li>​Currently leasing to office tenant, tavern and 4 apartment units.</li><li>​N2-C zoning with Historic Designation.</li><li>​Please contact 716-856-2872 ​for more information regarding this prop

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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