Modern Coworking
For Sale
Contact for pricing
1600 N America Drive, West Seneca, NY 14224
Private offices and meeting areas are available near major roads and highways in an accessible commercial setting.
Property Size2,079 SF
Price / SF$0.72
Days on Market84
Property Features for 1600 N America Drive
General Information
Standard status
Active
Size
2,079 SF
Property subtype
CommercialLease
Additional Details
Highway Access
Yes
Listing Agency:
WNY Metro Roberts Realty
(716) 692-9464
Listed By:
Salvatore DiNatale · License #10401302691
(716) 912-1540
Source:
Nicholcityrealty
Added: Jul 25
Changed: Oct 13
Last Checked: Oct 14 at 10:20PM
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 WNY Metro Roberts Realty
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Investment Insights
Based on property information with market context.
This 2,079-square-foot coworking space combines private offices, meeting areas, and shared work space within a modern commercial setting. The layout supports a mix of individual office use and collaborative activity, with modern amenities incorporated into the workspace.
Located at 1600 N America Drive in West Seneca, the property is described as easily accessible and positioned near major roads and highways. The available configuration includes private offices alongside meeting and coworking areas, providing multiple workspace formats within the same property.
Located at 1600 N America Drive in West Seneca, the property is described as easily accessible and positioned near major roads and highways. The available configuration includes private offices alongside meeting and coworking areas, providing multiple workspace formats within the same property.
Key Highlights
- 2,079‑square‑foot coworking property
- Private offices, meeting areas, and shared coworking space
- Modern office and meeting environment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,924
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,480
$518.5K
Cap Rate 7%
$370,343
$370.3K
Cap Rate 9%
$288,044
$288.0K
Market Conditions
NOI Build-Up for 2,079 SF
Gross rent
$42.4K $20.40/SF
− Vacancy
−$7.8K −$3.77/SF
EGI
$34.6K $16.63/SF
− OpEx
−$8.6K −$4.16/SF
NOI
$25.9K $12.47/SF
Area
Buffalo, NY
Vacancy
18.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,480
Cap Rate 7%
$370,343
Cap Rate 9%
$288,044
Alternative Uses
Best Use
Office B
$370.3K
$324.1K – $432.1K
NOI $25,924 @ 7.0% cap · market cap 1,728.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.0K
$437.5K – $583.3K
NOI $34,997 @ 7.0% cap · market cap 2,333.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Explore this area
Business Placement
Demographics for 14224, NY
40,736
Population
19,286
Households
2.1
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$76,250
Median Household Income
$49,824
Median Earnings
$1,077
Median Rent
$219,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Coworking space - Private offices and meeting areas are available near major roads and highways in an accessible commercial setting.
Where is this coworking space located?
The property is located at 1600 N America Drive West Seneca, NY.
What are key features of this property?
This property features: 2,079‑square‑foot coworking property; Private offices, meeting areas, and shared coworking space; Modern office and meeting environment
