Stand-Alone Office Building in
2056 Kensington Avenue, Buffalo, NY 14226
Professional office building in a high-traffic Amherst location.
Type:Office
Property size:
2,043 SFPrice / SF:
$242/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 8:59 pm
Property Features for 2056 Kensington Avenue
General Information
- Standard status
- Active
- Size
- 2,043 SF
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing agent Joseph Farrauto License #10301211758 (716) 465-2063
Listing office Hunt Commercial - Buffalo (716) 465-2063
Listing date Nov 21, 2025
Source Huntcommercial
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 Hunt Commercial - Buffalo
HighLights
- Highly visible location on Kensington Ave near Harlem Road in the heart of Amherst's commercial/retail district.
- Stand‑alone professional office building.
- Ideally suited for financial services, wealth management, law, accounting, insurance and other professional firms.
- Ample parking.
- Private offices and a large open conference room.
- Skylights with abundant natural lighting.
Overview
This stand-alone professional office building is located in Amherst, New York. The property is suited for financial services, wealth management, law, accounting, insurance, and other professional firms. The building features private offices, a large open conference room, and skylights that provide natural lighting. Ample parking is available. The location offers high visibility. The building is situated in the heart of the Amherst commercial and retail district, serving the communities of Amherst, Cheektowaga, and Buffalo. The property has a size of 2043 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$283.1K
NOI $25,475 @ 9.00% cap · cautious / downside scenario
Moderate
$363.9K
NOI $25,475 @ 7.00% cap · market / base-case scenario
Aggressive
$509.5K
NOI $25,475 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $20.40 |
| − Vacancy | −$7.7k | −$3.77 |
| EGI | $34.0k | $16.63 |
| − OpEx | −$8.5k | −$4.16 |
| NOI | $25.5k | $12.47 |
2,043 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$363.9K
$318.4K – $424.6K
NOI $25,475 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$491.3K
$429.9K – $573.2K
NOI $34,391 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.7825
- Latitude
- 42.9511
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Professional office building in a high-traffic Amherst location.
Where is this office building located?
The property is located at 2056 Kensington Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Highly visible location on Kensington Ave near Harlem Road in the heart of Amherst's commercial/retail district.; Stand‑alone professional office building.; Ideally suited for financial services, wealth management, law, accounting, insurance and other professional firms.
