BUFFALO-A local real estate investor has bought an apartment building on Delaware Avenue. Greenleaf Development has paid 1165 Delaware LLC $2.56 million for the 62-unit apartment complex at 1165 Delaware Avenue.
The 1165 Delaware LLC investment group bought the multifamily property in May 2011 for $2.35 million from a group of investors based in Rochester. The four-story building comprises single- and double-bedroom units. The apartments are almost 100% leased. Chris Greco of Greco Real Estate brokered the sale. For the full story, go to Buffalo Business First .
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