A mixed-used building constructed in 2007 has been sold for $1.7 million. 506 Elmwood Avenue purchased the namesake property from FJF Development LLC. Architect/Developer Karl Frizlen has been selling his multi-family projects throughout the City over the past year. 506 Elmwood LLC is registered to Matthew C. LaFlair of Orchard Park. In July he purchased the Black Rock Freight House located at 68 Tonawanda Street from Frizlen and partners for $5.8 million.
506 Elmwood features nine apartments and 4,200 sq.ft. of commercial space. Matthew Hartrich, managing partner and licensed real estate broker at Schneider Real Estate Services, represented the seller.