CCertihomes
196 Franklin Street, Buffalo, NY 14202

$2,699,000

0 beds 0 baths 0 days on marketActive

About this home

Exceptional Opportunity As Income Producing Parking Lots With Existing Lease And Or Possible Development Having Convenient Parking. Centrally Located in Downtown Buffalo within Walking Distance To The Theater District, Hotels, Restaurants, Nightlife And Government Buildings, This Investment Can Bring Future Dividends While Currently Bringing In Capital From Existing Lease Agreement. Corner Lot With Frontage On Franklin And W Huron, Second Lot Has Frontage On W Huron And Bean Alley, Third Lot Has Frontage On Bean Alley.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$26,892/mo

Real estate (PITI + HOA + PMI)
$18,682
Principal + interest$12,241
Property tax + insurance$5,429
PMI / 2nd mortgage$1,012
Utilities
$18,254
Heating + cooling$8,974
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$26,892/mo TLC
Budget$27,392/mo
Remaining after TLC$500/mo
Purchase price
$2,699,000
Down payment
$134,950 (5%)
Loan amount
$2,564,050
APR
4%

Quick facts

Type
Commercial
Style
Year built
Lot size
0.63 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$12,289
MLS #
B1598732
County
Erie

Home features

Exterior
BlacktopDriveway
Community
StormDrains
Parking
Driveway
Sewer
StormSewer

Lot features

CornerLot, Other, Rectangular, RectangularLot, SeeRemarks, Level

Neighborhood — 14202

MetricThis ZIPCountyUSA
Population4,45519,351,094299,088,112
Population Change Since199025.00%8.00%20.00%
Population Density5,476395
Male2,5879,381,926147,432,321
Female1,8689,969,168151,655,844
Never Married1,4704,946,39163,775,926
Married5597,166,701123,120,365
Separated1,2941,159,67312,639,686
Widowed2211,110,24515,467,586
Divorced4731,210,44823,075,029
Number Of House Hold1,8227,102,016111,826,380
Average House Hold Size1.592.642.60
Medial Age35.0636.5335.46
Median House Hold Income$22,456$49,847$48,276
Average House Hold Income$47,987$70,032$63,629
P C I$30,342$26,569$24,529
M D I$20,888$42,210$41,133
A T H E$42,327$54,185$50,898
S T R8.75%4.00%
W C J86.07%81.55%77.74%
(Zip) Code
14202

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 4/10/2025. Provided courtesy of HUNT Commercial Real Estate Corp. of Buffalo New York via Buffalo MLS. Information deemed reliable but not guaranteed.