Real Estate December 31, 2008 1:30 PM

Middlesex Road Lot Sold

Middlesex Road Lot Sold
WCPerspective
WCPerspective 4 1

How much does a vacant lot at the tony corner of Lincoln Parkway and Middlesex Road cost?  A cool $425,000.  That is what Devin Piscitelli paid today for the half-acre property that is prime for a McMansion.

The parcel is one of four building lots created from the grounds of the Miller Mansion, sold by Nichols School, split by Brad Randaccio and resold.  The other three lots sprouted stately homes in 2002.  Each of those lots sold for between $225,000 to $350,000.

Adult entertainment venue-owner Richard Snowden purchased the Miller Mansion in 2001.

middlesex3b.PNG  


middlesex1b.PNG

View image

Categories:

1 TrackBack

TrackBack URL: http://www.buffalorising.com/cgi-bin/mt/mt-tb.cgi/193

Mansion Mini-Boom Continues on Lincoln Parkway from Buffalo Rising on November 9, 2009 12:02 AM

There is another new home in the works for Lincoln Parkway.  Natale Builders is seeking approval to construct a single-family residence on a vacant lot at 222 Lincoln Parkway.  It is unknown if the home builder has a buyer for the proposed ho... Read More

Comments

4 Comments Leave a comment
QueenCity
December 31, 2008 4:24 PM
QueenCity

If there are still LOTS that can be purchased in Buffalo for $400,000 then shouldnt developers be asking themselves a very simple question....why cant there be a development within Buffalo in the same price range as the homes being built in E. Aurora, OP, Lancaster, Clarence, Amherst, etc.

It seems to me that the Westside has plenty of lots for period style homes...and the area surrounding Cazenovia and South Park, as well as the area surrounding City Honors, Masten Armory, Humboldt Park.

It really begs the question to be asked?

[ Reply ]
Score: 0 ( 0 votes ) Vote up Vote down Report this comment
jamesbflo
December 31, 2008 6:42 PM
jamesbflo

area surrounding city honors... are you kidding me

[ Reply ]
Score: 0 ( 0 votes ) Vote up Vote down Report this comment
QueenCity
January 2, 2009 1:12 AM
QueenCity

high value homes require an anchor to something residents find desirable....Delaware and Elmwood have multiple such as retail and culturals and delaware park.

the other areas that have multiple opportunities are Niagara Street fromt downtown up to black rock with schools, retail, waterfront views and parks.

the other areas would be south park and cazenovia with schools, retail on abbott and south park plus culturals nearby.

the other areas would be the inner, outer and first ward areas but they lack retail and schools.

the last area would be city honors with both masten and humboldt parks, a growing life sciences industry, redeveloping Main Street, Masten Armory and City Honors all act as anchors to support major re-developments.

If your looking at today...then no...but if your looking for longer term...then one cannot escape that investment follows low risk..and low risk requires anchors to attract investment.

(the other areas are the Linwood Main Street corridor and the Larkin District)

Sorry but I just dont see a major rethink of the eastside other than the larkin and the masten districts but its just my opinion.

[ Reply ]
Score: 0 ( 0 votes ) Vote up Vote down Report this comment
Andrew
January 2, 2009 12:20 PM
Andrew

Does the city allow the lots that they own to be sold at any time?

[ Reply ]
Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Leave a comment

Recent Comments