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Property profile & analytics

560 Delaware Ave Buffalo, NY 14202

  • Office buildings
  • 42,432 SF
  • 0.47 lot acres
Value Estimation
Location Intelligence
Property ID
US63-2701242
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ruh Agency Inc / Insurance Agency
  • Person Centered Services / Disability Services And Support Organization
  • Service Bridges, Inc. / Translation Service
  • McGuire Management & Consulting / Consultant
  • Braclaire Management, LLC / Business Management Consultant

Property Details for 560 Delaware Ave

Year built
1959
Lot size
0.47 lot acres
Property size
42,432 SF
Zone code
N-2C
Property type
Office buildings
APN
140200 100.78-9-3
APU
1402001007893

Description

This exceptional four-story, 42,130-square-foot office building at 560 Delaware Avenue in Buffalo, New York, is offered for sale at $3,500,000. Built in 1959, this Class B property boasts 41,019 square feet of net rentable space, currently at 53% occupancy. The building sits on a 0.47-acre lot and features 55 secured on-site parking spaces, a significant advantage in a high-traffic area. The property is zoned N-2C and benefits from abundant natural light and high ceilings throughout. Its prime location in the vibrant Allentown neighborhood provides excellent visibility and convenient access, surrounded by a mix of residential and commercial spaces, including restaurants, small businesses, and professional offices. High daytime vehicle and foot traffic contribute to strong potential for increased occupancy and rental income. Secured entrances enhance the safety and security of the building and its occupants. This versatile property is suitable for a variety of office uses, including executive, medical, and traditional office spaces, presenting a compelling investment opportunity in a thriving Buffalo neighborhood.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $575,000
  • CAP approach

    CAP return
    Estimation
    6%
    $740,000
    6.5%
    $815,000
    7%
    $815,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $870,000
    Geo Method
    $765,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $690,000
    Retail
    $775,000
    Mixed-Use
    $820,000
    Hospitality
    $735,000
    Educational
    $775,000
    Residential Income
    $820,000
    Energy
    $790,000
    Income-Based Land
    $780,000
    Food Service
    $625,000

Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8745
Latitude
42.8997
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,394
$204,700
$1,795,300
$2,000,000
-
$292,429
$2,564,714
$2,857,143
More about this property
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