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    522 Franklin St Buffalo, NY 14202

    For Sale
    $700,000

    Historic mixed-use building with office, residential, and flex space.

    Property size:
    6,400 SF

    Property Features for 522 Franklin St

    General Information

    Size
    6,400 SF

    Building Details

    Year built
    1860

    Source: Joseph Farrauto Agent Joseph Farrauto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Allentown Mixed-Use Opportunity

    This historic brick Italianate building is located in the heart of Allentown, close to Hospital Hill. The property offers a mix of office, residential, and flex spaces, suitable for live-work arrangements or investment. The first floor features an office/retail space with a fireplace, tall ceilings, and access to a partially finished basement. The second floor contains a luxurious owner's apartment with skylights, a great room, a large eat-in kitchen, a laundry room, two bedrooms, and a bath. A fully updated two-story rear apartment, currently rented at $1800 per month and including appliances, provides additional income. A second building at 524 Franklin St. offers office flex space with off-street parking and separate utilities. This space includes two baths, office space, warehouse/production space, a walk-in vault, and a kitchenette, providing flexible space for many uses. The property has three gas and three electric meters and good mechanicals. The total property size is 6400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peter Derose Dentist

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8722595
    Latitude
    42.9005484

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    FAQs

    What type of property is this?
    Mixed-use property - Historic mixed-use building with office, residential, and flex space.
    Where is this mixed-use property located?
    The property is located at 522 Franklin St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Historic Italianate building in Allentown, offering unique architectural character.; - Income-generating property with a currently rented 2-story apartment at $1800/month.; - Versatile property with both residential and commercial spaces, including a 1st-floor office/retail space and a separate office/flex space building.
    (716) 465-2063
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    522 Franklin St Buffalo, NY 14202
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    Buffalo, NY 14202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    522 Franklin St Buffalo, NY 14202
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