Office Unit with Conference
For Sale
Contact for pricing
47 Buffalo St - Upper, Hamburg, NY 14075
Configured with individual offices, shared kitchen, two restrooms, and access to rear and municipal parking.
Property Size5,376 SF
Price / SF$0.00
Days on Market89
Property Features for 47 Buffalo St - Upper
General Information
Standard status
Active
Size
5,376 SF
Property subtype
CommercialLease
Listing Agency:
Century 21 North East
(716) 652-0232
Listed By:
Robert J Ganey
(716) 870-3166
Source:
Nicholcityrealty
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 14 at 10:26PM
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 Century 21 North East
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Investment Insights
Based on property information with market context.
This upper-level office unit provides 2,688 square feet of workspace within a multi-office configuration. The layout includes individual offices, a conference room, kitchen area, and two restrooms. Utilities are included, supporting straightforward occupancy planning for an office user.
The property is located at 47 Buffalo St in Hamburg, with restaurants, shopping, schools, and daycare facilities within walking distance. Parking is available at the rear of the building, with additional municipal parking nearby. Office users may also have access to shared conference, kitchen, and restroom areas.
The property is located at 47 Buffalo St in Hamburg, with restaurants, shopping, schools, and daycare facilities within walking distance. Parking is available at the rear of the building, with additional municipal parking nearby. Office users may also have access to shared conference, kitchen, and restroom areas.
Key Highlights
- 2,688‑square‑foot upper‑level office unit
- Multiple individual offices with conference room access
- Kitchen area and 2 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,365
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,300
$1.3M
Cap Rate 7%
$962,357
$962.4K
Cap Rate 9%
$748,500
$748.5K
Market Conditions
NOI Build-Up for 5,376 SF
Gross rent
$109.7K $20.40/SF
− Vacancy
−$19.9K −$3.69/SF
EGI
$89.8K $16.71/SF
− OpEx
−$22.5K −$4.18/SF
NOI
$67.4K $12.53/SF
Area
Erie County, NY
Vacancy
18.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,300
Cap Rate 7%
$962,357
Cap Rate 9%
$748,500
Alternative Uses
Best Use
Office B
$962.4K
$842.1K – $1.12M
NOI $67,365 @ 7.0% cap · market cap 449,100.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,266 @ 7.0% cap · market cap 548,440.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Explore this area
Business Placement
Demographics for 14075, NY
44,053
Population
20,164
Households
2.2
Avg Household Size
46
Median Age
38%
College-Educated
96%
High-School Grad
39.4 sq mi
ZIP Area
1,118
Density / Sq Mi
$82,083
Median Household Income
$50,934
Median Earnings
$1,129
Median Rent
$246,100
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Configured with individual offices, shared kitchen, two restrooms, and access to rear and municipal parking.
Where is this office units located?
The property is located at 47 Buffalo St - Upper Hamburg, NY.
What are key features of this property?
This property features: 2,688‑square‑foot upper‑level office unit; Multiple individual offices with conference room access; Kitchen area and 2 restrooms
