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Property profile & analytics

1 Seneca St Buffalo, NY 14203-2734

  • Office buildings
  • 896,000 SF
  • 3.99 lot acres
OFF-MARKET
Value Estimations
$6,185,000
Cap Rate Potential
Location Intelligence
Property ID
US63-5413452
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • 43North / Venture Capital Company
  • Hall Booth Smith, P.C. / Law Firm
  • Hounds & Hops / Pet Grooming Service
  • Dr. Mason Weber, Ph.D., Llc. / Life Coach
  • Abaya Wealth Management LLC / Financial Advisor

Property Details for 1 Seneca St

Year built
1972
Lot size
3.99 lot acres
Property size
896,000 SF
Zone code
N-1D
Property type
Office buildings
APN
140200 111.17-6-4
APU
1402001111764

Description

This exceptional Class A office space, located at 1 Seneca St in Buffalo, NY, offers a unique opportunity for businesses seeking a prestigious address in the heart of the city's revitalized downtown. The property, a 38-story building constructed in 1972 and renovated in 1998, boasts 18,600 square feet across two available floors (25 & 26). These move-in ready suites feature 12-foot ceilings, high-quality kitchens, private bathrooms, and direct elevator access. The sublease, extending until July 31, 2026, offers flexible options, accommodating tenants seeking either entire floors (approximately 9,300 sq ft each) or subdivided sections. One floor is Start-Up NY tax incentive certified. The building offers unparalleled amenities, including a fitness center, pet daycare, brewery, coffee roastery, and a 250-seat auditorium. Enclosed parking is available in an adjacent ramp for $75 per space. The building's prime location, adjacent to Canalside, KeyBank Center, and the Cobblestone District, provides easy access to public transportation (NFTA Metro Rail) and offers breathtaking panoramic views of Western New York. With 24/7 security and a badging system, the space provides exceptional privacy and security. The building's strategic location places tenants near M&T Bank's technology campus, AML RightSource, Highmark, and 43North startups, fostering collaboration and networking opportunities. This is a rare chance to secure prime office space in a thriving, dynamic urban environment. The lease rate is $10-$12 per square foot. The building's M-1D zoning allows for a variety of commercial uses. The property includes 3.99 acres of land.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.877
Latitude
42.8803
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$346,114
$1,913,300
$34,586,700
$36,500,000
-
$2,733,286
$49,409,571
$52,142,857
More about this property
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