Three-Room Office
For Sale
Contact for pricing
154 Cazenovia Street, Buffalo, NY 14210
A private half bath and shared waiting area complement the suite’s separate office rooms.
Property Size507 SF
Price / SF$1.48
Days on Market28
Property Features for 154 Cazenovia Street
General Information
Standard status
Active
Size
507 SF
Property subtype
Commercial
Site & Location
Neighborhood
Seneca-Cazenovia
Additional Details
Property Use
Office
Amenities
shared waiting area
common area bathroom
basement storage
on-site parking
Building Details
Year Built
1918
Listing Agency:
Blake Realty Group, LLC
(716) 825-5000
Listed By:
Austin Diana · License #10401261699
(716) 244-0923
Source:
Prestigefamilyrealty
Added: Oct 7
Changed: Nov 1
Last Checked: Nov 1 at 1:44AM
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 Blake Realty Group, LLC
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Investment Insights
Based on property information with market context.
This 507-square-foot office suite is arranged as three distinct rooms and includes a private half bathroom. Building amenities include a shared waiting area, a common bathroom, basement storage, and on-site parking. Utilities are included.
The suite is at 154 Cazenovia Street in Buffalo, within a professional office building that also has a chiropractic practice and other offices.
The suite is at 154 Cazenovia Street in Buffalo, within a professional office building that also has a chiropractic practice and other offices.
Key Highlights
- 507‑square‑foot suite with three separate rooms
- Private half bathroom within the suite
- Shared waiting area and common bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,045
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,900
$120.9K
Cap Rate 7%
$86,357
$86.4K
Cap Rate 9%
$67,167
$67.2K
Market Conditions
NOI Build-Up for 507 SF
Gross rent
$11.0K $21.60/SF
− Vacancy
−$876 −$1.73/SF
EGI
$10.1K $19.87/SF
− OpEx
−$4.0K −$7.95/SF
NOI
$6.0K $11.92/SF
Area
Buffalo, NY
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,900
Cap Rate 7%
$86,357
Cap Rate 9%
$67,167
Alternative Uses
Best Use
Office B
$90.3K
$79.0K – $105.4K
NOI $6,322 @ 7.0% cap · market cap 842.93%
Second Best
Healthcare Medical
$86.4K
$75.6K – $100.8K
NOI $6,045 @ 7.0% cap · market cap 806.00%
Theoretical Best
Office A
$121.9K
$106.7K – $142.3K
NOI $8,535 @ 7.0% cap · market cap 1,138.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
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Business Placement
Demographics for 14210, NY
15,480
Population
7,813
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
4,994
Density / Sq Mi
$51,059
Median Household Income
$31,652
Median Earnings
$925
Median Rent
$124,300
Median Home Value
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Market
Vacancy Rate% for Office in Buffalo, NY
Frequently Asked Questions
What type of property is this?
Office unit - A private half bath and shared waiting area complement the suite’s separate office rooms.
Where is this office unit located?
The property is located at 154 Cazenovia Street Buffalo, NY.
What are key features of this property?
This property features: 507‑square‑foot suite with three separate rooms; Private half bathroom within the suite; Shared waiting area and common bathroom
