Office Units with
For Sale
Contact for pricing
268 Main St, East Aurora, NY 14052
Office units with an elevator, plenty of off-street parking in the rear, and space options adaptable for medical use.
Property Size13,320 SF
Price / SF$112.61
Days on Market1282
Property Features for 268 Main St
General Information
Standard status
Active
Size
13,320 SF
Elevators
Yes
Property subtype
OFFICE
Building Details
Year Renovated
2004
Tenancy
Multi
Listing Agency:
Hastings Cohn Real Estate
(716) 481-3325
Listed By:
Alan T. Hastings · License #10311203496
(716) 481-3325
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Jul 30
Last Checked: Jul 30 at 8:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hastings Cohn Real Estate
Investment Insights
Based on property information with market context.
Office Units offering multiple space sizes, with an elevator and ample off-street parking located to the rear. The property was completely gutted and remodeled in 2004, with the remaining portion maintained as a tenant.
268 Main St in the heart of the Village of East Aurora, NY places the building in a central local setting. Some adjacent offices can be combined, which can support a range of office configurations.
Available space sizes include 700 sq. ft., 1,530 sq. ft., 2,800 sq. ft., 5,600 sq. ft., or 6,000 sq. ft. Certain spaces have first-class medical finishes, and the landlord will remodel to suit if desired. Owner will consider selling the property.
268 Main St in the heart of the Village of East Aurora, NY places the building in a central local setting. Some adjacent offices can be combined, which can support a range of office configurations.
Available space sizes include 700 sq. ft., 1,530 sq. ft., 2,800 sq. ft., 5,600 sq. ft., or 6,000 sq. ft. Certain spaces have first-class medical finishes, and the landlord will remodel to suit if desired. Owner will consider selling the property.
Key Highlights
- Completely gutted and remodeled in 2004
- Elevator in the building
- Plenty of off‑street parking in the rear
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $239.8k | $18.00 |
| − Vacancy | −$25.9k | −$1.94 |
| EGI | $213.9k | $16.06 |
| − OpEx | −$85.5k | −$6.42 |
| NOI | $128.3k | $9.63 |
13,320 SF · lease $18.00/SF/yr · vacancy 10.80% · expense 40.00%
Alternative Uses
Best Use
Office B
$2.38M
$2.09M – $2.78M
NOI $166,909 @ 7.0% cap · market cap 11.13%
Second Best
Healthcare Medical
$1.83M
$1.60M – $2.14M
NOI $128,320 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
NOI $203,828 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
Demographics for 14052, NY
17,679
Population
7,603
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
96%
High-School Grad
61.2 sq mi
ZIP Area
289
Density / Sq Mi
$103,474
Median Household Income
$57,093
Median Earnings
$992
Median Rent
$312,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office units with an elevator, plenty of off-street parking in the rear, and space options adaptable for medical use.
Where is this office units located?
The property is located at 268 Main St East Aurora, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Completely gutted and remodeled in 2004; Elevator in the building; Plenty of off‑street parking in the rear
