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Property profile & analytics
OFF-MARKET Estimated value $1,330,000
Medical Office Space

1263 Delaware Ave Buffalo, NY 14209-2402

45,304 SF 0.98 ac lot Built 1968
Entity Owned 9-yr Hold Free & Clear
Property ID
US63-1232132
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1968
Total area 45,304 SF
Lot 0.98 ac (42,687 SF)
Zoning code N-2R
APN 140200 100.23-2-11
UPID US63-1232132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • BryLin Hospital Hospital
  • Dr Ramesh Konakanchi Physician
  • Dr Wendy L Weinstein MD Physician
  • Kulwant Buttar Physician
  • Pamela Almeter Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.33M
Owner & transaction history
1238 Group LLC · 9 yrs held
1238 Group LLC
since 2016
3 recorded transactions
2022
Price N/A
2016
$4.6M
1969
Price N/A
Zoning & alternative use
N-2R · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by stepbackB…

Zone name Residential Neighborhood Zone
General category MIXED_USE
Zone area 1,826.41 ac
Top alternative use upside
Retail stores $1.5M +13.7%
Warehouse, storage $1.5M +11.9%
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