Financial
Distress signals
Property profile

1141 Kensington Ave Buffalo, NY 14215

FOR SALE
Other investment properties
Property ID
US63-1051070
1,844 SF 0.08 ac lot Built 1930
Last sale Apr 2025 · $95,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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1141 Kensington Ave, Buffalo, NY 14215 For Sale
$149,900 1,844 SF
1141 Kensington Ave, Buffalo, NY 14215
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Property summary

AI-generated overview

Situated at 1141 Kensington Avenue in Buffalo, this 1,844-square-foot mixed-use building was constructed in 1900 and is zoned N-3C (Business). The interior is configured with a front showroom or reception area and three private rear offices or flexible rooms, supporting uses such as retail, professional services, administrative functions, consultations, storage, or live-work arrangements. The Certificate of Occupancy permits residential living quarters. The property is vacant and includes

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$416
Tax billed · 2023
Assessed value$80k
Assessed land$4k
Assessed improvement$76k
Effective rate0.52%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$240k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$3k
Operating expenses−$8k
NOI · 11.98% cap applied$18k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$25 – $87
Qualifying comparables15

Cap rate analysis

How does the asset earn?
11.98%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
N-3C
The N-3C zone addresses mixed-use, walkable centers of Buffalo moderately compact neighborhoods. These neighborhood centers were original...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.3
Law Firm34.9
Dental Office26.3

Location

1141 Kensington Ave Buffalo, NY 14215
County assessor Recorded deeds · 2 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1418 Kensington, Buffalo, NY 14215-1739 $29,000 Feb 2025 1,544 SF
1131 Kensington, Buffalo, NY 14215-1611 $102,000 Dec 2024 2,328 SF
3653 Harlem, Cheektowaga, NY 14215-2013 $223,000 Oct 2024 1,625 SF
2866 Bailey, Buffalo, NY 14215-2802 $66,000 Jul 2024 1,538 SF
2962 Bailey, Buffalo, NY 14215-2848 $70,000 Apr 2024 2,079 SF
1015 Kensington, Buffalo, NY 14215-2769 $179,000 Oct 2023 2,576 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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