2335 Main St Buffalo, NY 14214-2324
This exceptional mixed-use property at 2335 Main Street in Buffalo, NY, presents a lucrative investment opportunity. Spanning 19,965 square feet on a 0.22-acre lot, this building boasts a prime location between Canisius University and the University at Buffalo, directly across from the desirable Parkside neighborhood. The high-traffic area ensures excellent visibility and accessibility. The property comprises four fully occupied residential apartments generating market-rate rents, each equipped with appliances, including in-unit washer/dryers, and featuring individual utilities and brand-new high-efficiency furnaces, A/C units, and tankless hot water systems. One commercial space is currently occupied by a long-term tenant, while two additional commercial spaces are available for immediate build-out. Significant renovations have already been completed, including a fully revamped sprinkler system monitored by Advanced Fire Protection Group, updated electrical work, and roof repairs. A substantial basement area, accessible by stairs and a drive-in entrance from East Oakwood, offers potential for up to 15 parking spaces, providing additional income streams for tenants or rental opportunities. This property offers a blend of stable residential income and significant commercial upside, making it an ideal investment in a thriving Buffalo neighborhood with easy access to public transportation, the medical campus, and Delaware Park.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
N-3C · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.