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    26 W Spring St Buffalo, NY 14221

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    For Sale
    $1,095,000

    Approved multi-family conversion project with tax exemptions in place.

    Property size:
    11,140 SF
    Lot size:
    0.58 Acres

    Property Features for 26 W Spring St

    General Information

    Size
    11,140 SF
    Lot size
    0.58 Acres
    Source: Moodyscre

    Listing Agent: Margaret Tuerk

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

    Overview

    Approved Multi-Family Conversion Project

    This property features a fully designed and approved multi-family conversion project. The plan includes eight units, consisting of six townhome-style units and two apartment-style units. An Amherst IDA inducement is in place, offering a 10-year PILOT program along with sales and mortgage tax exemptions. The property size is 11140 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scipar Inc Software Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.745249
    Latitude
    42.963815

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    FAQs

    What type of property is this?
    Residential land & home lot - Approved multi-family conversion project with tax exemptions in place.
    Where is this residential land & home lot located?
    The property is located at 26 W Spring St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,095,000.
    What are key features of this property?
    This property features: - Multi-Family conversion fully designed and approved for eight units.; - Amherst IDA inducement in place with 10-year PILOT.; - Sales & mortgage tax exemption.
    (716) 633-2096
    Request Owner's contact information
    26 W Spring St Buffalo, NY 14221
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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
    26 W Spring St Buffalo, NY 14221
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