New search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
2072 Kensington Ave, Amherst, NY 14226-4723
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-6126094
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1963
Total area
4,350 SF
Lot
0.18 ac (7,748 SF)
Zoning code
GB
APN
142289 80.13-7-12
UPID
US63-6126094
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$582k
Blend (final)
Blend
$555k
Owner & transaction history
2072 LLC · 1 yrs held
2072 LLC
since 2025
5 recorded transactions
Zoning & alternative use
GB · Amherst, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$625,000
+50.3%
Neighborhood: shopping center
$565,000
+35.8%
Office building
$505,000
+21.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$670,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$415,000
Current use
RETAIL STORES
$625,000
Change: +50% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$505,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$425,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$128 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$13,401
Tax year 2019
Assessed value
$430,000
Assessed 2023
Previous assessed
$430,000
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$33,000
Assessed improvement
$397,000
Land market value
$53,226
Improvement market value
$640,322
Total market value
$693,548
Applied tax rate
142,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1963
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
4,350 SF
Lot
0.18 ac (7,748 SF)
Zoning code
GB
APN
142289 80.13-7-12
UPID
US63-6126094
Jurisdiction
ERIE
Zoning & alternative use
GB · Amherst, NY
Zoning GB · permitted uses
GB · Amherst, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amherst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$415,000
RETAIL STORES
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
OFFICE BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$425,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
2072 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
44 S WOODSIDE LN, WILLIAMSVILLE, NY 14221-5949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2025
$675,000
2072 LLC
Rosali Realty LLC
Warranty Deed
—
Mar 10, 2006
—
Rosali Realty LLC
787 Elk LLC
Grant Deed
related
—
Jan 10, 2006
$215,000
George Danakas
787 Elk LLC
Warranty Deed
—
Jan 10, 2006
—
787 Elk LLC
Buffalo Coffee Works
Warranty Deed
related
—
Mar 21, 2005
$2,620
787 Elk LLC
Buffalo Coffee Works
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2072 Kensington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
