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Contractor, investor pay nearly $2M each for medical, apartment buildings

A 10-unit apartment building, a medical office building and a commercial office in Amherst have new owners, following a pair of sales totaling more than $2 million late last week.

Concrete construction contractor Frederick T. Zelasko of Williamsville, through 4545 Shimerville LLC, paid $1.95 million to buy an upscale multi-tenant medical building on Maple Road, down the street from Millard Fillmore Suburban Hospital. The seller was DNG Acquisition Group LLC, which is registered to the address of John Yurtchuk's Matrix Development Corp.

The one-story, 10,228-square-foot building at 1630 Maple houses the offices for ophthalmologist Dr. Stephen Pollack, Williamsville Family Dentistry and an imaging center, with 2,467 square feet of vacant space. Built in 1989 on 1.76 acres, it formerly housed the plastic surgery practice of Bruce J. Cusenz, who died in late 2017.

Zelasko owns Zelasko Construction Inc., which was founded by his father.

Separately, real estate investor Timothy J. Waterman, through Caroles Estates LLC, paid $1.812 million to buy the Crossings Apartments from construction contractor David Kulbacki and his family, through 167 Miller Road LLC.

The building at 167-173 Miller Road was constructed in 2017.

Kulbacki is the owner of Kulback's Construction Co.

Also, small office specialist Plaza Group has acquired a one-story ranch-style brick office in the Aubudon New Community, at Sylvan Parkway and Millersport Highway. The firm paid $290,000, buying it from Carl A. Steinbrenner's Corn Hill Property Holdings LLC of Rochester – who lost money on its $375,000 purchase of the property two years ago from Mark Bohn.

The 2,246-square-foot free-standing building at 90 Sylvan sits on a 1.5-acre lot. It was built in 1988.

Plaza Group owns the four Plaza Suites locations in Buffalo, as well as multiple other office buildings in Buffalo, Amherst, Blasdell, Depew, Kenmore, West Seneca, Williamsville and Jamestown. Its portfolio includes 100 Sylvan Parkway next door to its new purchase, as well as 501 John James Audubon Parkway in the same neighborhood.

The vacant Class A office building was the home of the Buffalo Niagara Builders Association – previously the Niagara Frontier Builders Association – before that organization relocated to its current location on William Street in Cheektowaga.

In other deals:

• Larry Regan's Regan Development Corp. of Ardsley, completed its $750,000 purchase of the former Monarch Knitting Co. warehouse at 19 Doat St. in Buffalo from Mohamud Khalil. Regan plans to convert the 100,000-square-foot building into 74 affordable housing apartments, plus 5,700 square feet of community space in a former shipping wing.

Plans call for 21 units to be reserved for the homeless or those with special needs. The Lt. Col. Matt Urban Human Services Center of Western New York will provide supportive services to residents. The $10 million adaptive-reuse project, which already was approved by the city, would feature construction of a separate 8,100-square-foot, single-story outpatient clinic to be run by Jericho Road Community Health Center.

• A husband-and-wife medical duo paid $620,000 to buy a West Seneca medical office building from another pair of married doctors. Drs. Mark A. and Sara J. Ponkow Falvo – through 2DRS LLC – bought the 8,000-square-foot facility at 888 Center Road from Drs. Adam and Barbara Z. Radolinski. The two-story Class B medical building was constructed in 1990 in the heart of the village, and includes a parking lot.

The building has been home to the colorectal surgery practice of Dr. Adam Radolinski and to Dr. Barbara Radolinski's pediatrics practice. Falvo is also a colorectal surgeon. He is affiliated with UBMD Surgery and was recently chief of colon and rectal surgery for Kaleida Health. Dr. Ponkow Falvo is an emergency medicine doctor.

• A two-story brick multi-use building at 1293 Union Road in West Seneca was acquired by Matthew Resetarits' Big Tree Homes LLC for $450,000. The seller was James J. Panepinto's Linc Realty Holdings LLC.

Built in 1969 on 0.37 acres north of Seneca Street and Southgate Plaza, the 7,340-square-foot structure has a vacant 3,726-square-foot ground-floor office space that was formerly occupied by a doctor's practice and by a local real estate agency. The second floor has two one-bedroom and two two-bedroom apartments, all leased. It also has paved parking.

• Ahmed Abdulsalam of Grand Island paid $290,000 through SMG Enterprises Inc. to buy a 7-Eleven store at 2275 Genesee St. from the Frank L. Gottschalk 401K Profit Sharing Plan & Trust, of Highland Beach, Fla.

• David A. Barbara Jr. sold a small lot at 718 Elmwood Ave., directly adjacent to the longtime former Cecilia's Ristaurante & Martini Bar that closed in September after 18 years, for $226,000. The buyer, Barry Heneghan, also owns the Cecilia's property, and had used part of 718 for the restaurant's popular front patio.

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