If there’s one street that has seen its fair share of blighted properties over the years, it’s Niagara Street. From City Hall to the Peace Bridge, and then onto Forest Avenue, the houses and buildings on Niagara Street took some serious hits. Take 496 Niagara Street for example. Joel A. Giambra (Executive Properties) purchased the property a year ago. At the time, as you can see in the lead photo (on left), the years had not been very kind to the historic brick home. Fortunately, the bones of the house were still intact.
I met up with Joel’s son Nick (Buffalo First Realty) earlier today to walk through the property. Before heading over, I looked up the address on Google maps and was disheartened to see the eyesore of an addition that had once been built for added income. To think that anyone in his or her right mind would ever do that to a beautiful brick building such as this… it’s a crying shame. Thankfully, the Giambras had the good sense to eradicate the eyesore, thus restoring this property to its original grandeur (or close to it). Luckily, the original porch roof was found inside the tacky addition. Now the porch is fully restored, and looks great. At the same time the porch was being brought back to life, the brick on the outside was repointed, power washed and acid stained. The end result is stunning.
According to Nick, the inside of the structure took as much of a hit as the outside. One of the biggest issues was the lack of roof gutters when the house was purchased. The rain would flood right inside the house and end up in the basement.”It was a real mess, as you can imagine,” said Nick. “We’ve been working over the last year to restore as much of it as we could. Now we’re looking for tenants. We’re hoping to lease out the first floor (virtual tour) for as a lawyer’s office or something along those lines. Then, the second floor (virtual tour) will most likely be a residence. We are building to suit. Altogether the building is 2934 square feet. There’s a full basement, unfinished attic for storage, and parking in the back. The building is very close to downtown Buffalo, and to the Peace Bridge.”
496 Niagara Street is now sitting proud and pretty, as it once was did during this city’s heyday. Hopefully other Niagara Street property owners will take note of this recent architectural success story. There are still a number of houses/buildings that could use some love. The time is now my friends.
First floor office: $2000 per month
Second floor residential: $1500 per month
Get connected: Nicholas J. Giambra | Licensed Real Estate Salesperson/Co-Founder | Buffalo First Realty Group | 716-332-0772 | email@example.com