Leber and Saperston of Saperston Real Estate broker three sales totaling $8.8 million

Joseph Leber, Saperston Real Estate

Howard Saperston, Saperston Real Estate

Oakridge Estates - Buffalo, NY

Buffalo, NY Three suburban apartment complexes, two in West Seneca and one in Amherst, have been sold by a real estate investment group for $8.8 million. The sellers, Bueme, Bueme and Michalek sold the Oakridge Estates and Arbor Meadows Apartments both in West Seneca and the Millersport Apartments in Amherst. Dimitri and Nick Tzetzo principals of Tzetzo Cos., LLC purchased the Oakridge Estates and Millersport Apartments paying $6.5 million for the 104-unit Oakridge Estates on Center Rd. in West Seneca and $1 millionfor the 20 unit Millersport Apartments located on Millersport Hwy. north of the University of Buffalo Amherst campus. The deals add to their growing portfolio of apartments, senior care and office properties. Arbor Meadows LLC, a local investment group, bought the 48-unit Arbor Meadows Apartments on South Fisher Rd. in West Seneca paying $1.3 million. Joseph Leber and Howard Saperston, Jr. of Saperston Real Estate, which has been selling and leasing commercial, industrial and investment properties in the Buffalo area for 91 years, were the brokers in all three transactions.

Tags: Brokerage

Reprint

Previous Story Next Story

Marcus & Millichap brokers $16.25 million sale of Ponce Bank flagship headquarters in the Bronx

Bronx, NY Marcus & Millichap negotiated the sale of a net-leased bank property occupied by Ponce Bank. The asset sold for $16.25 million. “This property drew tremendous interest as it was a

Williams Equities leases 100,000 s/f at 470 Park Avenue South

AEBOV Commercial Real Estate Brokerage sells 9,000 s/f parking lot at 616-622 Courtlandt Ave. for $3.45 million

AEBOV sells 9,000 s/f parking lot in the Bronx for $3.45m

SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds

NYREJ 2026 Ones to Watch: Innovators in Commercial Real Estate Participation Options

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

Innovative restroom indicator light boosts workplace efficiency and convenience

Columns and Thought Leadership

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,