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    427 Delaware Ave Buffalo, NY 14202

    For Lease
    $18 SF/Yr

    Buffalo Office: 6,500 SF, 13 Parking

    Lot size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6,500 square foot Class B office space at 427 Delaware Avenue in Buffalo, NY, is ideally situated for businesses seeking a prominent location. Currently occupied, the space will be vacated upon sale or lease. The two-story building boasts seven large private offices, each easily accommodating multiple workstations, plus expansive built-in workspaces suitable for 14-26 individuals depending on configuration. A fully equipped conference room comfortably seats over 18 people, and ample support spaces include a kitchenette, printer room, IT room, and substantial storage closets. The property showcases stunning historic Art Deco features, including marble entry stairs, terrazzo floors, and exquisite plaster ceiling reliefs, complemented by high-end white oak trim, doors, and built-in cabinetry. Parking is readily available with 13 spaces dedicated to the upstairs office space, in addition to 8 spaces for ground floor tenants. Enjoy unparalleled convenience with quick access to major transportation arteries, including the 33 Expressway and 190 Interstate, as well as public transit via a nearby bus route and the Allen Street subway station. The minimum divisible space is 240 square feet, making it suitable for a variety of business needs. This is a rare opportunity to secure a prestigious office space in a prime Buffalo location. The zip code is 14202.

    Property Features for 427 Delaware Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF
    Class
    B

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    1 Private Office & 1 Open Workstation
    Size
    6,500 SF
    Rate per SF
    $18
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    427 Delaware Holding ... Architect R G Design ... Architect

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.874949768183
    Latitude
    42.896194084524

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    FAQs

    What type of property is this?
    Office Property / Space - Buffalo Office: 6,500 SF, 13 Parking
    Where is this office property / space located?
    The property is located at 427 Delaware Ave Buffalo, NY.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    427 Delaware Ave Buffalo, NY 14202
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    Buffalo, NY 14202
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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
    427 Delaware Ave Buffalo, NY 14202
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