Another upper Niagara Street property has sold. Ellicott Development purchased an apartment building at 1287 Niagara Street on Monday for $365,000. Erie-Niagara Public Benefit Funding Corp. was the seller. The four-story building contains 12,768 sq.ft. of space and is along a corridor seeing an unprecedented level of developer interest.
In October, Ellicott purchased 1294-1300 Niagara across the street and a parking lot at 1295 Niagara for $2.375 million. Northwest Community Health Center occupies the property. Erie-Niagara Public Benefit Funding Corp. was the seller of this building as well.
Ellicott Development purchased a vacant .94 acre parcel at 1095 Niagara for $330,000 in May. Long-range plans for the site are still being formulated but in the short-term it will be used for overflow parking for its projects at 1050 and 1088 Niagara.
Here’s a run-down of Ellicott’s holdings along the Niagara/Busti corridor:
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