Pending

70 Mckinley Parkway

Buffalo, NY 14220

$6,000,000 $25,296/Mo

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Overview

Bed

Bath

81,039

Sqft

3.80

Acres(Lot)

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).

Property Details

Property Type : Residential Income

Price : $6,000,000

AD Id : 74582416

MLS Id : B1659752

Beds : 70

Lot Size : 3.80 Acres

Living Area Size : 81,039

Year Built : 1951

County : Erie

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 70

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Carpet, Laminate, Other, See Remarks, Varies
Roofing Information

Asphalt
Interior Features

Ceiling Fan(s), Other, See Remarks Roof: Asphalt Appliances: Gas Cooktop, Gas Water Heater, Refrigerator Laundry Features: Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

Building Information

Year Built: 1951 Building Area Total: 81039 Construction Materials: Brick Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 325X509 Main Square Feet: 3.8 Acres Lot Size Acres: 3.8 Lot Size Square Feet: 165528 Lot Description: Irregular Lot, Near Public Transit

Listing Price Information

Listing Price: $6000000 Cash

Tax Information

Parcel Number: 140200-133-800-0002-035-000 Tax Lot: 35 Annual Tax: $81264

Parking Information

No Garage, Asphalt

Utility Information

Electricity Connected, Sewer Connected, Water Connected
Location Information

Direction: Mckinley Pkwy to Latona Ct. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
63 Carlyle Avenue, Buffalo, NY, 14220	$275,000	4	2	1,998	1,998 SqFt
371 Cumberland Avenue, Buffalo, NY, 14220	$285,000	5	3	2,604	2,604 SqFt
479 Abbott Road, Buffalo, NY, 14220	$237,900	4	2	2,636	2,636 SqFt
247 Columbus Avenue, Buffalo, NY, 14220	$194,900	4	2	2,085	2,085 SqFt
153 Columbus Avenue, Buffalo, NY, 14220	$219,900	4	2	1,838	1,838 SqFt
81 Aldrich Place, Buffalo, NY, 14220	$159,000	5	2	2,016	2,016 SqFt
101 Woodside Avenue, Buffalo, NY, 14220	$219,900	6	2	2,255	2,255 SqFt
29 Melrose Street, Buffalo, NY, 14220	$209,900	4	2	1,872	1,872 SqFt
51 Stevenson Street, Buffalo, NY, 14220	$265,000	6	2	2,528	2,528 SqFt
65 Woodside Avenue, Buffalo, NY, 14220	$173,000	6	2	2,112	2,112 SqFt

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ByOwner last updated this listing 06/11/2026 @ 07:56

MLS: B1659752 LISTED BY: William Abels, HUNT Real Estate Corporation 716-883-2200 SOURCE: Western New York Real Estate Information Services (WNYREIS)