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Financial
Distress signals
Property profile

492 Pearl St Buffalo, NY 14202

FOR LEASE
Turn key restaurants
Property ID
US63-0449730
4,007 SF 0.08 ac lot Built 1900
Last sale May 2019 · $721,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An iconic all-brick row house building in downtown Buffalo, located in the theater and entertainment district near the Chippewa strip. The structure provides approximately 4,800+ square feet of interior space configured with a wide-open floor plan and features a solid brick exterior. Historically used as the Encore Restaurant, the space is suited for commercial food-and-entertainment uses such as a restaurant, banquet facility, or nightclub. The building had a roof replacement installed,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$400k
Assessed land$38k
Assessed improvement$362k
Effective rate0.52%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k

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

Recently sold

What actually traded nearby?
$124/SF
Submarket average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$53 – $216
Qualifying comparables6

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-1C
The N-1C zone addresses mixed-use centers of high intensity, in strategic locations such as on the edges of downtown or proximate to ligh...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.3
Electrical Service11.0
Laundry Service11.0

Location

492 Pearl St Buffalo, NY 14202
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
884 Main, Buffalo, NY 14202-1403 $325,000 Aug 2024 6,824 SF
26 Virginia, Buffalo, NY 14202-1305 $349,900 Jul 2023 3,278 SF
333 Franklin, Buffalo, NY 14202-1702 $600,000 May 2023 3,807 SF
228 Franklin, Buffalo, NY 14202-2106 $250,000 Dec 2022 7,000 SF
33 Virginia, Buffalo, NY 14202-1323 $950,000 Apr 2022 3,610 SF
396 Pearl, Buffalo, NY 14202 $500,000 Feb 2022 4,356 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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