Remodeled Mixed-Use
New
For Sale
Contact for pricing
1825-1827 S Park Ave, Buffalo, NY 14220
Includes a three-bedroom apartment, storefront, and buildable lot.
Property Size3,100 SF
Price / SF$127.42
Days on Market5
Property Features for 1825-1827 S Park Ave
General Information
Standard status
Active
Size
3,100 SF
Property subtype
RETAIL
Amenities
deck
Building Details
Buildings
1
Listing Agency:
WNY Realty Services Group
(716) 481-6303
Listed By:
Frank & Suzanne Abraszek
(716) 481-6303
Source:
Moodyscre
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 12:03PM
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 Realty Services Group
Investment Insights
Based on property information with market context.
Newly remodeled mixed-use property on a double lot with a buildable lot. The building includes a 3 bedroom apartment and a 600 sq. ft. storefront, along with a 12x12 deck at the rear.
Recent updates include a new metal roof and siding, new bathroom, new kitchen with appliances, new hardwood floors, new windows, plumbing, and gutters. The apartment also features a newer furnace and hot water tank, central air, and a lease through March 2027.
Located at 1825-1827 S Park Ave in Buffalo, the property is approximately 10 minutes from Downtown Buffalo and 15 minutes from the Stadium.
Recent updates include a new metal roof and siding, new bathroom, new kitchen with appliances, new hardwood floors, new windows, plumbing, and gutters. The apartment also features a newer furnace and hot water tank, central air, and a lease through March 2027.
Located at 1825-1827 S Park Ave in Buffalo, the property is approximately 10 minutes from Downtown Buffalo and 15 minutes from the Stadium.
Key Highlights
- 3,100 square feet on a double lot with a buildable lot
- 3 bedroom apartment plus a 600 sq. ft. storefront
- New metal roof, siding, windows, plumbing, and gutters
Financial Insights For Mixed Use
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 | $59.5k | $19.20 |
| − Vacancy | −$6.0k | −$1.92 |
| EGI | $53.6k | $17.28 |
| − OpEx | −$20.1k | −$6.48 |
| NOI | $33.5k | $10.80 |
3,100 SF · lease $19.20/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$478.3K
$418.5K – $558.0K
NOI $33,480 @ 7.0% cap · market cap 8.48%
Second Best
Retail
$431.4K
$377.5K – $503.3K
NOI $30,196 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$745.5K
$652.3K – $869.7K
NOI $52,184 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 14220, NY
23,959
Population
11,286
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
6,305
Density / Sq Mi
$68,337
Median Household Income
$42,112
Median Earnings
$974
Median Rent
$180,200
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Buffalo, NY
Properties on Market for Mixed-use properties in Buffalo
Vacancy Rate% for Retail in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a three-bedroom apartment, storefront, and buildable lot.
Where is this mixed-use property located?
The property is located at 1825-1827 S Park Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 3,100 square feet on a double lot with a buildable lot; 3 bedroom apartment plus a 600 sq. ft. storefront; New metal roof, siding, windows, plumbing, and gutters