Mixed-Use Building with
New
For Sale
$499,900
1532 Genesee Street, Buffalo, NY 14211
CommercialSale, Buffalo, NY
Property Size3,914 SF
Lot Size0.43 Acres
Price / SF$127.72
Days on Market2
Property Features for 1532 Genesee Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
N3R
Zoning description
Residential Multi Use
Rooms
Basement
Parking
30
Lot features
Rectangular, Rectangular Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-101-470-0001-068-100
Size
3,914 SF
Lot size
0.43 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Annual Amount
2448
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Amenities
private patio
washer and dryer hookups
Building Details
Year built
1900
Floors in Building
2
Building materials
Brick
Roof type
Membrane, Shingle, Rubber, Flat, Asphalt
Buildings
1
Listing Agency:
Pioneer Star Real Estate Inc.
(716) 689-7250
Listed By:
Sandra Callahan · License #30CA1012043
(716) 510-8711
Added: Oct 30
Last Checked: Oct 31 at 2:06PM
MLS# B1726209
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 3,914 square feet, this mixed-use property combines a restaurant on the main floor with loft-style living space on the second floor. The restaurant is equipped with commercial cooking equipment and two walk-in freezers. The upper-level loft includes a private patio, kitchen and bathroom finishes, a brick accent wall, and washer and dryer hookups. The building was reconstructed from the studs, including plumbing and electrical work, and has brick construction.
The property sits on 0.4347 acres at 1532 Genesee Street in Buffalo. Its parking lot accommodates 30+ cars, and the site is fenced and gated. Zoning is N3R.
The property sits on 0.4347 acres at 1532 Genesee Street in Buffalo. Its parking lot accommodates 30+ cars, and the site is fenced and gated. Zoning is N3R.
Key Highlights
- 3,914‑square‑foot mixed‑use property with restaurant and loft‑style living space
- Restaurant includes commercial cooking equipment and 2 walk‑in freezers
- Parking lot accommodates 30+ cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,878
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,560
$897.6K
Cap Rate 7%
$641,114
$641.1K
Cap Rate 9%
$498,644
$498.6K
Market Conditions
NOI Build-Up for 3,914 SF
Gross rent
$65.8K $16.80/SF
− Vacancy
−$5.9K −$1.51/SF
EGI
$59.8K $15.29/SF
− OpEx
−$15.0K −$3.82/SF
NOI
$44.9K $11.47/SF
Area
Buffalo, NY
Vacancy
9.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,560
Cap Rate 7%
$641,114
Cap Rate 9%
$498,644
Alternative Uses
Best Use
Specialty Retail
$641.1K
$561.0K – $748.0K
NOI $44,878 @ 7.0% cap · market cap 8.98%
Second Best
Mixed Use
$603.9K
$528.4K – $704.5K
NOI $42,271 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$941.2K
$823.6K – $1.10M
NOI $65,887 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 14211, NY
26,449
Population
11,498
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
84%
High-School Grad
3.9 sq mi
ZIP Area
6,782
Density / Sq Mi
$34,490
Median Household Income
$30,705
Median Earnings
$1,008
Median Rent
$91,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Buffalo, NY
Frequently Asked Questions
What type of property is this?
Mixed-use property - A restaurant occupies the main level, with loft-style living space and a private patio upstairs.
Where is this mixed-use property located?
The property is located at 1532 Genesee Street Buffalo, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 3,914‑square‑foot mixed‑use property with restaurant and loft‑style living space; Restaurant includes commercial cooking equipment and 2 walk‑in freezers; Parking lot accommodates 30+ cars
