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Mixed-Use Building with Commercial Space
For Sale
$499,000

970 Sycamore Street, Buffalo, NY 14212

Residential, Buffalo, NY

Property Size2,626 SF
Lot Size0.10 Acres
Price / SF$190.02
Days on Market347

Property Features for 970 Sycamore Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3
Appliances GasWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions From Downtown Buffalo, head east on Broadway toward Fillmore Ave.
Subdivision Buffalo City-140200
Standard status Active
APN 140200-101-770-0001-016-000
Size 2,626 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 1013

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Amenities

full bathroom
updated electrical
new heating system
new hot water tank

Building Details

Year built 1936
Floors in Building 2
Number of units 2
Flooring type Varies, Vinyl, Tile
Building materials Frame, InsulatedConcreteForms
Roof type Shingle
Listing Agency: Rondinelli Real Estate
Listed By: Muazim Hussain · License #10401334626
Added: Nov 9, 2025 Changed: Oct 19 Last Checked: Oct 22 at 12:06PM
MLS# B1649997

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.

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Investment Insights

Based on property information with market context.

This mixed-use building combines a commercial storefront with an upper-level residence. The first floor contains approximately 1,800 square feet of flexible space with a full bathroom, updated electrical service, a new heating system, and a new hot water tank. The commercial area can accommodate office, retail, or service-oriented use based on the existing layout.

The residential level includes three bedrooms, one full bathroom, a modern kitchen, living room, and formal dining area. Tile, vinyl, and varied flooring are used throughout the property, which was built in 1936 and is served by natural-gas forced-air heat and public water. An additional 15-foot by 140-foot lot is included, providing supplemental land alongside the 2,626-square-foot building. The property is located near the Masjid, an Islamic school, and grocery stores in Buffalo.

Key Highlights

  • Approximately 1,800 square feet of first‑floor commercial space
  • Three‑bedroom residential unit with kitchen, living room, and formal dining area
  • Additional 15' x 140' lot included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,745
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,900 $654.9K
Cap Rate 7%
$467,786 $467.8K
Cap Rate 9%
$363,833 $363.8K
Market Conditions
NOI Build-Up for 2,626 SF
Gross rent
$53.6K $20.40/SF
− Vacancy
−$9.9K −$3.77/SF
EGI
$43.7K $16.63/SF
− OpEx
−$10.9K −$4.16/SF
NOI
$32.7K $12.47/SF
Area
Buffalo, NY
Vacancy
18.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,900
Cap Rate 7%
$467,786
Cap Rate 9%
$363,833

Alternative Uses

Best Use
Office B
$467.8K
$409.3K – $545.8K (±1% cap)
NOI $32,745 @ 7.0% cap · market cap 6.56%
Second Best
Mixed Use
$405.2K
$354.5K – $472.7K (±1% cap)
NOI $28,361 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$631.5K
$552.6K – $736.8K (±1% cap)
NOI $44,205 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Illusions Hair Design Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Kitchen & Bath Showroom Electrical Service

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

1
Office units

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 14212, NY

13,533
Population
5,935
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
2.1 sq mi
ZIP Area
6,444
Density / Sq Mi
$35,517
Median Household Income
$26,545
Median Earnings
$829
Median Rent
$89,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated commercial and residential spaces support a live-work configuration near local religious, educational, and retail services.
Where is this mixed-use property located?
The property is located at 970 Sycamore Street Buffalo, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 1,800 square feet of first‑floor commercial space; Three‑bedroom residential unit with kitchen, living room, and formal dining area; Additional 15' x 140' lot included
More about this property
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