Property profile

1209 Delaware Ave Buffalo, NY 14209

OFF-MARKET
Assisted living facilities
Property ID
US63-1883937
23,320 SF 0.23 ac lot Built 1965
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1965
Total area 23,320 SF
Lot 0.23 ac (9,958 SF)
Zoning code N-2R
APN 140200 100.31-1-32.1
UPID US63-1883937

Cap rate & NOI

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

Location

1209 Delaware Ave Buffalo, NY 14209
Buffalo metro Census 16900 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.86M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.73M

Owner & transaction history

since 2025
Last sale
$3.0M
6 recorded transactions
2025
$8.4M
2021
$3.0M
2021
$968,599
2019
$920,000
2014
Price N/A
2012
$734,058

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
Restaurant $2.3M +783.4%
Commercial (general) $1.8M +578.8%

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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