1420 Main St, Buffalo, NY 14209-1733
This exceptional two-story, 32,292 square foot Class B executive office building at 1420 Main Street in Buffalo, NY, presents a compelling investment opportunity. Built in 1920, this single-tenant property boasts significant recent updates, including HVAC system upgrades, window replacements, and interior remodeling. Currently operating as a banquet facility and office space, the building offers substantial redevelopment potential. Its prime location near the Utica subway station, Allentown, Hospital Hill, and downtown Buffalo ensures high visibility and accessibility. The asking price is $850,000. The property's substantial size and strategic location make it ideal for a variety of uses, capitalizing on its rich history and promising future. The building's existing infrastructure, coupled with its proximity to key areas of Buffalo, provides a solid foundation for a successful redevelopment project. This is a rare chance to acquire a significant piece of Buffalo's commercial real estate landscape, offering both immediate income potential and long-term growth opportunities. The property is situated in Erie County, NY, zip code 14209. Detailed financial information is available upon request.
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Pearl Properties of NY LLC Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
N-2C · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.