70 Mckinley Parkway, Buffalo, NY 14220
- $6,050,000
- 70
- BD
- 81,039
- SqFt
- Sold Price
- $6,050,000
- List Price
- $6,000,000
- Status
- CLOSED
- MLS#
- B1659752
- Closing Date
- Sep 29, 2026
- Year Built
- 1951
- Stories
- 2
- Bedrooms
- 70
- Acres
- 3.80
- Living Area
- 81,039
- Region
- Buffalo City
Property Description
An exceptional investment opportunity: this well-maintained, turnkey 70-unit, all-brick apartment complex with ample off street parking is ideally located on McKinley Parkway in South Buffalo close to Frederick Law Olmsted Designed South Park & Buffalo's Botanical Gardens. This Property spans 3.8 acres across 23 buildings & features a desirable unit mix of 25 one-bedroom, 23 two-bedroom, and 22 townhouse-style apartments. All units offer separate utilities and heating systems, central air, and on-site parking. Ownership covers water and garbage. The complex currently generates $60,986 in gross monthly income and benefits from long-term tenants with rents below market, presenting strong upside potential. Each building includes a full basement with storage and individual laundry hookups (tenant-supplied washers and dryers).
Additional Information
- Taxes
- $81,264
- Interior Features
- Ceiling Fan(s), Other, See Remarks
- Exterior Features
- Blacktop Driveway
- School District
- Buffalo
- Water
- Connected, Public
- Sewer
- Connected
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Listing courtesy of HUNT Real Estate Corporation. Contact: 716-465-3160
Selling Office: HUNT Real Estate ERA.