Property profile

1131 Delaware Ave Buffalo, NY 14209

OFF-MARKET
Office buildings
Property ID
US63-6209170
6,457 SF 0.5 ac lot Built 1900
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1900
Total area 6,457 SF
Lot 0.5 ac (21,630 SF)
Zoning code N-2R
APN 140200 100.31-3-27.11
UPID US63-6209170

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company Real Estate Agency
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

1131 Delaware Ave Buffalo, NY 14209-1603
Buffalo metro Census 6602 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$800k
Blend (final) Blend
$230k

Owner & transaction history

since 2011
7 recorded transactions
2011
$186,000
2011
$225,000
2006
$275,000
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

N-2R · Buffalo, NY
Zoning description

structure exists in the N-2R zone, any alteration to the structure must comply with the standards for the respective building type as applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interio…

General category MIXED_USE
Top alternative use upside
Retail stores $925,000 +23.8%
Neighborhood: shopping center $840,000 +11.9%
Restaurant $800,000 +6.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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