Three units at 'The Brownstone' project have been put up for sale. Eran Epstein's E Square Capital LLC is converting a three-story warehouse at 504-08 Washington Street into three, two-family townhouses. Each 17' wide unit includes a tandem two-car garage and separate Washington Street entryway. They are priced at $360,000.
The primary unit contains 2,600 sq.ft. of space. Its living room, kitchen, laundry room and half bath are located on the second floor facing Washington Street. The unit's master bedroom, secondary bedroom, loft/office and two bedrooms occupy the third floor.
Each rental unit contains 1,800 sq.ft. of space. The main living area of the second unit is located on the first floor and have access to private courtyards planned at the rear of the building. A bedroom and an area that could be used for a home office is located on the second level. Silvestri Architects designed the project. The sales price includes a standard finish package but units can be customized.
Epstein along with a Long Island-based partner, Chris Gerhart of CWG Development, renovated the ten-story former Holling Press factory across Washington Street into 82 affordable one- and two-bedroom rental apartments. He also recently completed conversion of the former YWCA Residence at 245 North Street into 63 senior citizen apartments and rehabilitated a four-story building at 937 Broadway into a mix of commercial space plus 43 affordable apartments.
Epstein began investing in Buffalo in 1994, buying property in the University Heights neighborhood while he was a student at State University at Buffalo. Headquartered in Buffalo, E Square Capital specializes in ownership, development, construction and management of residential housing throughout New York State. Most of its projects and 250 apartments are in Western New York and Brooklyn.
Occupancy for The Brownstones is expected later this year. The building is adjacent to Roger Trettel's Cornucopia retail and residential project that fronts both Washington and Main streets. Work on that redevelopment effort is now underway.
Get Connected: E Square Capital, 716.884.8213