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    423 Elmwood Ave Buffalo, NY 14222

    Sponsored
    For Lease
    $15 SF/Yr ($5,166 /Mo)

    1,200 SF Office Suite Available Now

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,200 square foot executive office suite is immediately available for lease at 423 Elmwood Avenue in Buffalo, New York. Located on the second floor of a Class B building (4,000 total square feet, built in 1920), this space boasts large windows overlooking Elmwood Avenue, providing abundant natural light. The suite includes a main office area, a private office, a private restroom, and an additional room suitable for use as a second office or break room. The building is situated in Erie County, at the convenient intersection of Elmwood and Bryant, offering easy access to the Elmwood Village, the Medical Corridor, Allentown, the Central Business District, and Buffalo's West Side. The property is a multi-tenant building with a total of one suite. This presents a unique opportunity for a business seeking a well-appointed and conveniently located office space in a vibrant Buffalo neighborhood. The building's total square footage is 4,000 square feet. This specific suite offers 1,200 square feet of immediately available space. The property's zip code is 14222.

    Property Features for 423 Elmwood Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Class
    B
    Total Rate
    5166.67

    Building Details

    Year Built
    1920

    Unit(s) available at that property

    Space
    423 Elmwood Avenue
    Size
    1,200 SF
    Rate per SF
    $15

    HighLights

    • 1,200 SF executive suite available for immediate lease at 423 Elmwood Ave, Buffalo, NY 14222.
    • Located on the second floor of a 4,000 SF Class B building (built 1920).
    • Features large windows with abundant natural light overlooking Elmwood Avenue.
    • Includes a main office, private office, private restroom, and a second office/break room.
    • Excellent location in Elmwood Village, near the Medical Corridor, Allentown, and the CBD.
    Property Profile Location Intelligence

    Current Use by Public Records

    A Taste of Soul The Hashery Soul Food Restaurant MD Link Advertising Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8768753
    Latitude
    42.9086584

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    FAQs

    What type of property is this?
    Office space - 1,200 SF Office Suite Available Now
    Where is this office space located?
    The property is located at 423 Elmwood Ave Buffalo, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF executive suite available for immediate lease at 423 Elmwood Ave, Buffalo, NY 14222.; Located on the second floor of a 4,000 SF Class B building (built 1920).; Features large windows with abundant natural light overlooking Elmwood Avenue.
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    Buffalo, NY 14222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    423 Elmwood Ave Buffalo, NY 14222
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