Financial
Distress signals
Property profile

3172 Main St Buffalo, NY 14214

FOR SALE
Other investment properties
Property ID
US63-0379978
13,506 SF 0.36 ac lot Built 1940
Last sale Jan 2024 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 3172 Main Street consists of two separate commercial spaces: a corner storefront and an adjacent storefront. The spaces can be leased individually or combined into a single larger footprint, supporting food-service uses such as restaurant, café, coffee shop, bakery, takeout, and related concepts. The property is zoned N-3C (Commercial) and has a documented building date of 1900. Both storefronts face Main Street and are situated in Buffalo’s University District near the University at Buffalo South Campus.

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?
$4k
Tax billed · 2023
Assessed value$780k
Assessed land$141k
Assessed improvement$639k
Effective rate0.52%

Value estimate

· Sep 2026
$800k
$720k – $880k
AI approach$800k
NOI build-up
Gross scheduled income$211k
Vacancy & credit loss−$23k
Operating expenses−$56k
NOI · 2,631.14% cap applied$132k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$50 – $108
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2,631.14%
$132k 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 agency27.1
Law Firm21.5
Building Supply15.5

Location

3172 Main St Buffalo, NY 14214
County assessor Recorded deeds · 3 transfers 6 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
2317 Main, Buffalo, NY 14214-2344 $500,000 Dec 2024 5,518 SF
2626 Main, Buffalo, NY 14214-2016 $485,000 Sep 2024 5,096 SF
2297 Main, Buffalo, NY 14214-2332 $650,000 Nov 2023 11,824 SF
2335 Main, Buffalo, NY 14214-2324 $14,396 Jul 2023 13,310 SF
2312 Main, Buffalo, NY 14214-3305 $460,000 Dec 2022 7,764 SF
3124 Main, Buffalo, NY 14214-1358 $405,000 May 2022 4,194 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?”
More about this property
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