Financial
Distress signals
Property profile

514 W State St Olean, NY 14760

FOR SALE
Other investment properties
Property ID
US63-0602551
6,120 SF 0.16 ac lot Built 1910
Last sale Jun 2010 · $60,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
514 W State St, Olean, NY 14760 For Sale
$149,900 6,120 SF
514 W State St, Olean, NY 14760
View Listing

Property summary

AI-generated overview

A mixed-use building constructed in 1910 with approximately 6,100 square feet across six total units. The property features two commercial storefronts at street level and four residential apartments above. The residential area is approximately 3,060 square feet and is configured as one two-bedroom, one-bath unit and three one-bedroom, one-bath units. The building has a roof replacement installed in 2022 and includes some newer windows. It is zoned COM-1 (Commercial) and is located at 514 W State Street in Olean, New York.

Ownership intelligence

Who controls the opportunity?

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

What does the county charge?
Assessed value · 2023$100k
Assessed land$10k
Assessed improvement$90k

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$110k
Vacancy & credit loss−$9k
Operating expenses−$45k
NOI · 36.98% cap applied$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$48/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$25 – $66

Cap rate analysis

How does the asset earn?
36.98%
$55k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCATTARAUGUS

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand index
Kitchen & Bath10.3
Electrical Service10.2
Plumbing Service9.4

Location

514 W State St Olean, NY 14760
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 State, Olean, NY 14760-2245 $360,000 Apr 2025 4,540 SF
328 Delaware, Olean, NY 14760-2847 $340,000 Oct 2024 7,628 SF
211 Un, Olean, NY 14760-2705 $173,750 Sep 2024 7,120 SF
502 State, Olean, NY 14760-2544 $289,000 Aug 2024 7,000 SF
309 Un, Olean, NY 14760-2626 $92,000 Mar 2024 6,048 SF
1619 State, Olean, NY 14760-3354 $240,000 Jul 2023 5,144 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message