1060-1064 Harlem Road Cheektowaga NY 14043 | B1380114

1060-1064 Harlem Road
Cheektowaga, NY, 14043
$835,000
Beds
0 Baths
9,888 SqFt
0.58 Acres
Two highly visible, Immediate Income Opportunities on two adjacent lots with $106,557.96 combined actual gross income, 8% cap rate. 4 retail tenants, 4 residential apartments, one leased garage space between both buildings. All but one tenant is up to date on rent obligations (delinquent tenant is making monthly and partial payments), and pay their own gas and electric utility services. Retail tenants all have separate air conditioning as well, owner responsible for water utility on each building, 35 total parking spaces. 1060 Harlem features completely rebuilt exterior/interior in the last 3 years featuring new exterior walls/facade, tear off roofing systems, new structural framing, spray foam insulation, new mechanical systems and cosmetic upgrades. 1064 Harlem features a 2 year old flat roof over retail office, 10 year old flat roof above the garage, and 5 year tear off asphalt shingle roof. Property taxes: $14,487.33, water utility: $747.71 (last 4 bills). Properties are also marketed for sale individually, 1060 Harlem (MLS#B1380006) and 1064 Harlem (MLS#B1380032)

Property Details

Price:
$835,000
MLS #:
B1380114
Status:
Active
Baths:
0.00
Address:
1060-1064 Harlem Road
Type:
Commercial
City:
Cheektowaga
Listed Date:
Nov 30, 2021
State:
NY
Square Ft (approx):
9,888
ZIP:
14043
Lot Size:
1 acres
Year Built:
1960
Ask a Question

See this Listing

Send
  

Allen specializes in land sales, with over 110,000 acres and more than $200,000,000 in total sales. Allen started in Real Estate in 1986 and opened Canaan Realty in 1989 as a full service Land and Farm Real Estate Brokerage. Over his numerous years in Real Estate, Allen has negotiated sales for local, national, and international clients. He often works with other brokers who are seeking land advice. Allen is a former military officer with a computer programming degree. He is a lifelong resident…

More About Allen

Mortgage Calculator

 

Schools

Interior

Appliances
Gas Water Heater, See Remarks
Basement
None
Cooling
Central Air
Electric
Circuit Breakers
Flooring
Carpet, Laminate, Tile, Varies, Vinyl
Heating
Gas, Forced Air, Hot Water
Interior Features
Ceiling Fan(s)

Exterior

Exterior Features
Blacktop Driveway
Lot Features
Near Public Transit
Lot Size Dimensions
170 X150
Roof
Asphalt, Flat, Shingle
Stories
2

Financial

Tax Annual Amount
$14, 270
Utilities
Sewer Connected, Water Connected

Map

Community

Similar Listings Nearby

1060-1064 Harlem Road
Cheektowaga, NY