203 Pratt Street, Buffalo, NY 14204

New - 29 Hours Ago

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Property Description

A long, underutilized, and substantially vacant portion of the Crosby Company Campus is available for sale as a Reuse Project or Historic Rehabilitation Redevelopment. The Crosby Company, celebrating 129 years of manufacturing in Buffalo, continues in business at the site, utilizing the remainder of the Campus. These buildings have not been used in several years, and it is time to put them to good use in the community as a Reuse Project. We now have newly added space (81,000 sq ft) bringing the total available building square footage to 149,000 sq ft, encompassing the entire west side of the campus. The property in this configuration sits on approximately 50% of the current Campus, or approximately 2.5 acres of land with of mostly brick buildings to potentially renovate into apartments or Live-Work spaces or other use. The property consists of 4 vacant land parcels and 10 buildings of various sizes, from one to 4 stories. The buildings are to be subdivided from the primary parcel at 412 William. (Several SBL #s) There is potential for some or all of the following at this site: HISTORIC TAX CREDIT (HTC) - 20% NYS HTC + 20% Federal HTC BROWNFIELD CLEANUP PROGRAM (BCP) -EN-Zone (Environmental Zone) -BOA (Brownfield Opportunity Area) AS WELL AS: -20% NYS BCP Tangible Property Credit -Up to 24% credit if Track 1 cleanup or affordable housing - City of Buffalo 485-a (multi year tax abatement) -Erie County adaptive reuse (sales & mortgage tax exemption) -NYS Consolidated Funding Application (CFA) grants -Utility Company Grants and Support -National Grid & National Fuel - Low-Income Housing Tax Credits (LIHTC) The current zoning is N-1S Secondary Employment Center and D-C Flex Employment District.

203 Pratt Street | MLS# B1664478

This commercial property located at 203 Pratt Street, Buffalo, NY 14204 is currently listed for sale with an asking price of $2,980,000. Pratt Street is located within the Buffalo school district. Search Buffalo real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Basement: Partial
Cooling: 1 Unit, Zoned
Heating: Electric, Gas, Individual, Zoned, Forced Air, Multiple
Lot Size: 2.50 Acres
Roof Type: Flat, Membrane, Rubber, Rolled/Hot Mop
Stories: 4.0
Taxes: $18,000
Year Built: 1896

Feature Descriptions

Building Features: Drive-In Doors, Loading Dock
Days on Site: 1
Exterior: Brick, Block, Masonry, Concrete
Flooring: Concrete, Hardwood, Varies
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 179X730
Parcel#: 140200-111-490-0006-022-000
Parking: Fenced, On Site, Surfaced
Parking Notes: Fenced, On Site, Surfaced
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Buffalo

Demographics

Listed By / Shown By

Listing By

Agency Name: HUNT Commercial Real Estate Corp. of Buffalo New York
Agency Contact: 716-854-5943

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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