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1245 Abbott Road

1245 Abbott Road, Buffalo, NY 14218
Commercial in Lackawanna
1245 Abbott Road in Buffalo, NY was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a commercial property type. It is a single story home. 1245 Abbott Road has 3,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 2,150. In total, the area measurement of the land is 10,965 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1245 Abbott Road sold most recently in Sep 10, 2021 for a total of $250,000. If you work out the math, that's approximately a cost of $82.24 per sqft. Before that, the property was also sold for $200,000 in May 14, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1245 Abbott Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $167,000. If we break it down further, the land itself was valued at $34,900. Improvements to the property, however, were assessed at a total of $132,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Paved Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,965
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 510
  • Total Building Area: 3,040
  • Gross Building Area: 3,040
  • Building Area: 3,040
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,040
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: BUFFALO CREEK RESERVATION
  • Land Acres: 0.252
  • Standard Land Use Code: Restaurant
  • Legal Description 1: 532.68 FT S NE COR LOT 28 G1 32PT2 51X 287.7N

Ownership

  • Current Owner : 1245 ABBOTT ROAD LLC
  • Previous Owner : GOGOS THEODORE
  • Previous Owner 2: GOGOS NIKOLETTE
  • Owner Before Previous Owner: CREAN JAMES T
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 15, 2024

Neighborhood

  • School District Name: Lackawanna City School District
  • School Tax School District: LACKAWANNA
  • Census Tract: 012501

Zoning

  • Zoning: NC

Geography

  • Account Number: 1396
  • District: 140900
  • Section: 142.70
  • Parcel: 140900 142.07-2-7
  • Block: 2
  • Lot: 7.000
  • Municipality: LACKAWANNA
  • Latitude: 42.8306
  • Longitude: -78.8055

    Address

  • Full Address: 1245 Abbott Rd
  • Address - House Number: 1245
  • Address - Street Name: Abbott
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C011
  • 4-Digit Zip Code: 1901
  • Zip Code: 14218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 140900

    Market Valuation

  • Market Total Value: $211,400
  • Market Land Value: $44,179
  • Market Improvement Value: $167,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,000
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $132,100

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11865918467
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021190118
  • Previous Sale Recording Date: May 14, 1998
  • Previous Sale Contract Date: May 14, 1998
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

About Lackawanna



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Frequently Asked Questions

What neighborhood is 1245 Abbott Road located in?
The 1245 Abbott Road is a commercial located in the neighborhood of Lackawanna in Lackawanna, Buffalo.
What is the average sales price for listings in 1245 Abbott Road?
The average sales price for units in 1245 Abbott Road is $0 currently.

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