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Financial
Distress signals
Property profile

16 Parker Ave Buffalo, NY 14214

FOR SALE
Office buildings
Property ID
US63-0052370
2,274 SF 0.08 ac lot Built 1900
Last sale May 2006 · $71,435
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a duplex residence with a total building area of approximately 3,000 square feet on a 0.0833-acre lot, constructed in 1900. It contains two separate units: a 4-bedroom lower unit and a 5-bedroom upper unit. The lower unit includes living and dining areas, a remodeled kitchen with appliances, newer flooring, updated interior doors, and a renovated bathroom featuring a stand-up shower and a granite-topped vanity. The building configuration includes a full attic and a basement,…

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 · 2023

What does the county charge?
$624
Tax billed · 2023
Assessed value$120k
Assessed land$31k
Assessed improvement$89k
Effective rate0.52%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$265k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$2k
Operating expenses−$22k
NOI · 14.51% cap applied$27k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 204 recorded sales of this use type
Observed band · Q1–Q3$68 – $171
Qualifying comparables12

Cap rate analysis

How does the asset earn?
14.51%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
N-3R
The N-3R zone addresses residential areas adjoining the centers of Buffalo streetcar neighborhoods, generally defined by moderately compa...
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 agency43.9
Law Firm28.7
Building Supply26.8

Location

16 Parker Ave Buffalo, NY 14214
County assessor Recorded deeds · 2 transfers 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Humboldt, Buffalo, NY 14214-2606 $3,200,000 Feb 2025 2,460 SF
139 Niagara Fls, Buffalo, NY 14214-1267 $250,000 May 2024 2,238 SF
3258 Main, Buffalo, NY 14214-1334 $250,000 Apr 2024 4,920 SF
2929 Main, Buffalo, NY 14214-1719 $369,350 Jun 2022 4,312 SF
2969 Main, Buffalo, NY 14214-1066 $575,000 Jan 2021 8,224 SF
168 Humboldt, Buffalo, NY 14214-2609 $58,944 Sep 2019 2,804 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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