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Remodeled Mixed-Use Property
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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
Listed By: Frank & Suzanne Abraszek
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.

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 (±1% cap)
NOI $33,480 @ 7.0% cap · market cap 8.48%
Second Best
Retail
$431.4K
$377.5K – $503.3K (±1% cap)
NOI $30,196 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$745.5K
$652.3K – $869.7K (±1% cap)
NOI $52,184 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby

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

Feb
$65.59 Mar
$64.6 Apr
$59.78 May
$59.76 Jun
Jul

Properties on Market for Mixed-use properties in Buffalo

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019
8.8% 2020
8.4% 2021
8.6% 2022
8.1% 2023
8.4% 2024
10.8% 2025
Rey
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
(716) 481-6303 Call to check price and availability
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