Back to Market Report Property

70 Mckinley Parkway, Buffalo, NY 14220

$6,050,000
: 70
BD
: 81,039
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

Sold Price: $6,050,000
Status: CLOSED
Days on Market: 21
Closing Date: Sep 29, 2026
MLS#: B1659752
Subtype: Multi Family
Year Built: 1951
Bedrooms: 70
Living Area: 81,039
Lot Size: 165,528
Acres: 3.80
MLS Area Major: Buffalo City

Refine Search

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).

Search All Properties

Additional Information

Interior Features: Ceiling Fan(s), Other, See Remarks
Exterior Features: Blacktop Driveway
Taxes: $81,264
Flooring: Carpet, Laminate, Other, See Remarks, Varies
Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
Heating: Gas, Forced Air
Air Conditioning: Central Air
Stories: 2
Levels: Two
Roof: Asphalt
Parking Features: One Space, No Garage
School District: Buffalo