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Financial
Distress signals
Property profile

157 Reading St Buffalo, NY 14220

OFF-MARKET
Warehouses
Property ID
US63-3977623
21,009 SF 0.68 ac lot Built 1950
Last sale Apr 1996 · $500,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$11k
Tax billed · 2019
Assessed value · 2023$400k
Assessed land$59k
Assessed improvement$341k
Effective rate2.69%

Value estimate

· Oct 2026
$470k
$423k – $517k
AI approach$470k
Submarket $/SF estimate$551k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$56/SF
Submarket average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$24 – $79
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
D-C
D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency43.2
Law Firm39.3
Spa & Massage25.6

Location

157 Reading St Buffalo, NY 14220-2157
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
264 Mystic, Buffalo, NY 14220-1124 $525,000 Sep 2023 10,624 SF
2141 Park, Buffalo, NY 14220 $460,000 Feb 2023 21,742 SF
1216 Park, Buffalo, NY 14220 $5,481,922 Jan 2023 42,150 SF
180 Hopkins, Buffalo, NY 14220-1854 $766,000 Jan 2021 51,128 SF
580 Tifft, Buffalo, NY 14220-1813 $1,350,000 Aug 2019 49,897 SF
158 Reading, Buffalo, NY 14220-2156 $950,000 Nov 2018 24,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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