A Buffalo real estate brokerage and property management firm has acquired a 16-unit Cheektowaga apartment complex for $850,000.
Greco Rental Properties, which is owned by the Greco family, bought the complex of four two-story apartment buildings at 715-735 Dick Road from Joseph M. LaRocca of Clarence. Each building has four units. Built in 1958, the 14,336-square-foot complex sits on 0.8 acres just north of George Urban Boulevard.
Greco, which owns 16 other apartment properties in Buffalo, Kenmore, Amherst, Cheektowaga and West Seneca, is affiliated with Greco Real Estate, a real estate brokerage firm.
Separately, Manish and Shalini Damani of Pittsford, N.Y., paid $845,000 to buy a 33,400-square-foot warehouse at 4444 Broadway in Depew from the estate of John R. Patterson. Built in 1973 on 1.9 acres, the white cement-block facility has three 10,000-square-foot bays, with three loading docks and two overhead doors.
Ciminelli Real Estate Corp. sold a 25,280-square-foot mixed-use building at 77 Oriskany Drive in Tonawanda, home to BCO Industries, to Peter J. Gruenthaner of Clarence for $750,000.
And attorney Gerard F. Forton of Buffalo sold an 8,415-square-foot freestanding neighborhood strip center at 2532 Elmwood Ave. in Kenmore, with three units, to Mark S. Mekker of Getzville for $622,500.
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