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Mixed-Use Office and Residential Building
For Sale
$399,900

3700 Seneca Street, Buffalo, NY 14224

SINGLE_FAMILY - Buffalo, NY

Property Size3,397 SF
Lot Size0.49 Acres
Price / SF$117.72
Days on Market52

Property Features for 3700 Seneca Street

General Information

Property type Residential
Property subtype Office
Zoning C-1
Zoning description Business
Rooms Basement
Parking 7
Lot features Rectangular, Rectangular Lot
Elementary school district West Seneca
Middle school district West Seneca
High school district West Seneca
Directions Union Road to Seneca Street (nearest cross street is Hilldale Avenue)
Subdivision West Seneca-146800
Standard status Active
APN 146800-143-070-0001-026-000
Size 3,397 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Annual Amount 10290

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1964
Floors in Building 2
Flooring type Linoleum, Vinyl, Hardwood, Varies, Carpet
Building materials Brick, Masonry, Concrete, WoodSiding
Roof type Asphalt, Shingle
Listing Agency: Keller Williams Realty Lancaster
Listed By: Ryan Daley · License #10301215815
Added: Jun 11 Changed: Jul 29 Last Checked: Aug 1 at 1:06AM
MLS# B1684151

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

3700 Seneca Street is a turn-key mixed-use brick building with a poured concrete foundation and a licensed appraisal that measured the gross building area across the first floor, second floor, and basement. The lower level has been used as a law office for the past 30 years and includes three designated office spaces, a waiting room, reception and general office support, a full bath, and a kitchenette. The upper two-bedroom apartment has been tastefully renovated with a fresh kitchen featuring new countertops and stainless appliances, luxury vinyl flooring, remodeled in-unit laundry and a utility room, a renovated full bath, and generously sized bedrooms with closet storage.

The property sits in the West Seneca Business District at 3700 Seneca Street in Buffalo, New York, under C-1 zoning. The full basement provides solid mechanicals and storage space.

Exterior and major systems include an architectural roof replaced in 2018, a high-efficiency furnace for the upper apartment, and upgraded electrical services. The site offers 7+ designated parking spaces with room for expansion, plus a detached two-car garage for additional parking and storage.

Key Highlights

  • 3,397 sq ft multi‑use building (first floor, second floor, and basement) at 3700 Seneca Street
  • Built in 1964 with brick construction, poured concrete foundation, and roof replacement in 2018
  • Lower level law office setup: 3 designated office spaces, waiting room, reception, full bath, and kitchenette

Financial Insights For Multifamily LT 5

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 $51.0k $15.00
− Vacancy −$2.8k −$0.83
EGI $48.2k $14.17
− OpEx −$14.4k −$4.25
NOI $33.7k $9.92
3,397 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$605.1K
$529.5K – $706.0K (±1% cap)
NOI $42,359 @ 7.0% cap · market cap 10.59%
Second Best
Multifamily LT 5
$481.5K
$421.3K – $561.8K (±1% cap)
NOI $33,707 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$816.9K
$714.8K – $953.1K (±1% cap)
NOI $57,184 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Law Offices of Daniel ... Law Firm Matthew B. Herdzik ... Law Firm

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Auto Parts Store Plumbing Service Bakery

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

Lease Details

3
Office units
2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby

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

Market

Vacancy Rate% for Office in Buffalo, NY

15.4% 2019
16.5% 2020
16.5% 2021
18.5% 2022
18.2% 2023
21.1% 2024
21% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turn-key brick building with a lower-level law office setup, renovated two-bedroom apartment, and 7+ designated parking spaces.
Where is this office units located?
The property is located at 3700 Seneca Street Buffalo, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,397 sq ft multi‑use building (first floor, second floor, and basement) at 3700 Seneca Street; Built in 1964 with brick construction, poured concrete foundation, and roof replacement in 2018; Lower level law office setup: 3 designated office spaces, waiting room, reception, full bath, and kitchenette
More about this property
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