Renovated Mixed-Use
For Sale
Contact for pricing
1758 Clinton St, Buffalo, NY 14206
1925 construction with 2020 updates and on-site parking support residential and commercial occupancy.
Property Size4,109 SF
Lot Size0.18 Acres
Price / SF$103.43
Days on Market12
Property Features for 1758 Clinton St
General Information
Standard status
Active
Size
4,109 SF
Total Parking Spaces
20
Lot size
0.18 Acres
Property subtype
Mixed Use
Building Details
Year Built
1925
Year Renovated
2020
Buildings
1
Listing Agency:
Recckio Real Estate and Development
Listed By:
Rick Recckio · License #31RE0821429
(716) 834-7777
Source:
Crexi
Added: Sep 11
Changed: Sep 16
Last Checked: Sep 22 at 3:09PM
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 Recckio Real Estate and Development
Investment Insights
Based on property information with market context.
This mixed-use building at 1758 Clinton Street in Buffalo contains 4,109 square feet on approximately 0.18 acres. Constructed in 1925 and renovated in 2020, the property includes income-producing residential apartments and a layout that accommodates both residential and commercial configurations. The site provides 20 on-site parking spaces, supporting apartment residents and potential commercial occupancy.
Positioned on Clinton Street, the building offers visibility along a busy Buffalo arterial with access to neighborhood retail and services. The usable lot also provides room for tenant access and signage. Its mixed-use configuration combines existing apartment income with adaptable space for an owner-user or investor, subject to applicable approvals and market conditions.
Positioned on Clinton Street, the building offers visibility along a busy Buffalo arterial with access to neighborhood retail and services. The usable lot also provides room for tenant access and signage. Its mixed-use configuration combines existing apartment income with adaptable space for an owner-user or investor, subject to applicable approvals and market conditions.
Key Highlights
- 4,109± SF mixed‑use building on 0.18± acres
- Built in 1925 and renovated in 2020
- Income‑producing residential apartments
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,554
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$751,080
$751.1K
Cap Rate 7%
$536,486
$536.5K
Cap Rate 9%
$417,267
$417.3K
Market Conditions
NOI Build-Up for 4,109 SF
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.
Gross rent
$71.5K $17.40/SF
− Vacancy
−$3.2K −$0.78/SF
EGI
$68.3K $16.62/SF
− OpEx
−$30.7K −$7.48/SF
NOI
$37.6K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$751,080
Cap Rate 7%
$536,486
Cap Rate 9%
$417,267
Alternative Uses
Best Use
Mixed Use
$634.0K
$554.7K – $739.6K
NOI $44,377 @ 7.0% cap · market cap 10.44%
Second Best
Apartment 5plus
$536.5K
$469.4K – $625.9K
NOI $37,554 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$988.1K
$864.6K – $1.15M
NOI $69,169 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Explore this area
Business Placement
Demographics for 14206, NY
21,706
Population
10,677
Households
2
Avg Household Size
38
Median Age
18%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
4,341
Density / Sq Mi
$46,842
Median Household Income
$38,379
Median Earnings
$886
Median Rent
$111,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - 1925 construction with 2020 updates and on-site parking support residential and commercial occupancy.
Where is this mixed-use property located?
The property is located at 1758 Clinton St Buffalo, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,109± SF mixed‑use building on 0.18± acres; Built in 1925 and renovated in 2020; Income‑producing residential apartments
