Financial
Distress signals
Property profile

585 Niagara St Buffalo, NY 14201

OFF-MARKET
Other investment properties
Property ID
US63-3579810
8,869 SF 0.13 ac lot Built 1920
Last sale Feb 2024 · $991,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A storefront commercial property located at 585 Niagara Street in Buffalo. The building dates to 1920 and is zoned N-2C (Business). The interior is an open layout designed to accommodate tenant-specific improvements and is suitable for uses such as retail, service, office, boutique, or salon concepts. The property has street-facing exterior presence along Niagara Street, including an exterior mural honoring Buffalo’s West Side heritage, and the site is positioned near D’Youville, downtown Buffalo, and the Canadian border.

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?
$3k
Tax billed · 2023
Assessed value$525k
Assessed land$57k
Assessed improvement$468k
Effective rate0.52%

Value estimate

· Sep 2026
$990k
$891k – $1.09M
AI approach$990k
Sales comparison$793k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$37 – $116
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
N-2C
The N-2C zone addresses mixed-use, walkable centers of Buffalo most compact neighborhoods, many of which were fully developed before the ...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.7
Electrical Service11.7
HVAC Service11.5

Location

585 Niagara St Buffalo, NY 14201-1154
County assessor Recorded deeds · 5 transfers 7 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
168 Elmwood, Buffalo, NY 14201-1424 $810,000 Jun 2025 7,680 SF
244 Allen, Buffalo, NY 14201-1324 $1,375,500 Dec 2023 6,296 SF
364 Virginia, Buffalo, NY 14201 $660,000 Aug 2022 6,144 SF
310 Jersey, Buffalo, NY 14201-1243 $400,000 Jun 2022 12,414 SF
186 Carolina, Buffalo, NY 14201 $8,325,000 Feb 2022 9,408 SF
146 Virginia, Buffalo, NY 14201-1841 $279,000 Oct 2021 8,400 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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