#B1594530, Todd D Vanderlip, Listing Office: Park Realty of WNY LLC
Property details
About 196 Franklin St
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.
Highlights
Home typeBusiness
StatusActive
Lot size0.63 Acres
ParkingDriveway
MLS #B1598732
Summary
- Parking: Driveway
- Exterior: Blacktop Driveway
- List Price: $2,699,000
- Annual Tax Amount: $1,039
- Tax Year: 2023
- Lot: Corner Lot, Other, Rectangular Lot, See Remarks, Level
- Directions: Downtown Buffalo, Franklin and W Huron across Curtis Hotel, also from W Huron along Bean Alley
- Lot Size: 0.63 Acres
- MLS Number: B1598732
- MLS Name: NYS
- Office Name: HUNT Commercial Real Estate Corp. of Buffalo New York
- Office Phone: (716) 854-5943
- Listing Agent: Edmund J Golach
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,699,000
196 Franklin St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $200,000 | $1,039 |
| 2022 | $200,000 | $1,039 |
| 2021 | $200,000 | $9,287 |
| 2020 | $200,000 | $9,287 |
| 2019 | $241,500 | $8,980 |
| 2018 | $241,500 | $8,585 |
| 2017 | $241,500 | $8,081 |
History based on county public records data.
Nearby schools
3
Reach Academy Charter School
Public Charter KG-4
0.6 mi
•115 Ash St
3
Persistence Preparatory Academy Charter School
Public Charter KG-3
0.8 mi
•833 Michigan Ave
2
Martin Luther King Jr #48
Public District PK-4
1.5 mi
•487 High St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,579. Typical income of Buffalo, NY residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
63%
<35k
21%
35k-100k
11%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
90%
Single, No Kids
2%
Single, with Kids
7%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
3%
12-17 yrs old
51%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 196 Franklin St
The listing price of 196 Franklin St property is $2,699,000.
The property 196 Franklin St is land located in Buffalo, New York, 14202.
Active Listing: 196 Franklin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 196 Franklin St are: Reach Academy Charter School (GreatSchools Rating 3/10), Persistence Preparatory Academy Charter School (GreatSchools Rating 3/10), Martin Luther King Jr #48 (GreatSchools Rating 2/10), Enterprise Charter School (GreatSchools Rating 1/10), Herman Badillo Bilingual Academy (GreatSchools Rating 3/10), Waterfront Elementary School (GreatSchools Rating 4/10), Buffalo Academy of Science Charter School (GreatSchools Rating 5/10), Emerson School of Hospitality (GreatSchools Rating 2/10), Hutchinson Central Technical High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,039 (source: MLS/based on county public records data).
The property 196 Franklin St is 0.63 acres.
This home is located at 196 Franklin St in Buffalo, NY and zip code 14202 in the Central Business District neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $2,699,000.
Over 167 listings were sold over their listed price in April 2025 in Buffalo, NY. In the same period over 78 listings were sold below the listed price and 17 listings were sold for the listed price. Between March and April 2025, Buffalo, NY real estate market has seen increase in the number of listings by 1.1%. In April 2025 median list price was $240,219 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.