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217 Delavan Ave Buffalo, NY 14208-1226
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Property profile & analytics

217 Delavan Ave Buffalo, NY 14208-1226


  • Investment properties
  • 24,322 SF
  • 2.24 lot acres
Off-Market
Property ID
US63-2819376
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$3,175,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Help Me Grow WNY / Association / Organization
  • Mobile Safety Net Team of WNY / Charitable Organization / Social Service Agency
  • PIE Analytics / Consultant
  • Community Music School / Vocational School / Training Center
  • CCNY Inc. / Charitable Organization / Social Service Agency

Property Details for 217 Delavan Ave

Year built
1906
Lot size
2.24 lot acres
Property size
24,322 SF
Zone code
N-3E
Property type
Investment properties
Property subtype
Live-work space
APN
140200 89.82-2-1.111
APU
140200898221111

Description

This exceptional three-story, 25,221 square foot office building, originally constructed in 1906 and extensively renovated in 2021, presents a unique investment opportunity in Buffalo's vibrant Western New York submarket. The property, located at 217 E Delavan, near Pleasant Place, is zoned N-3E and offers flexible space options for multiple tenants. Currently, there are 9,200 square feet of vacant space available, with a minimum divisible unit of 3,800 square feet and a maximum contiguous space of 8,407 square feet. Two spaces are currently available, ranging in size from 2,762 to 8,407 square feet. The building boasts a Class B rating and features 41 parking spaces and elevators for convenient access to all three floors. Its convenient location provides easy access to major thoroughfares like the Kensington Expressway and Scajauada Expressway, as well as proximity to Canisius College. This former Lutheran Church conversion offers a blend of historic charm and modern functionality, making it an ideal location for a variety of businesses. The property is situated in Erie County and is part of the Buffalo submarket.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,380,000
    6.5%
    $4,040,000
    7%
    $3,755,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,925,000
    Market price range: $971k - $2.93M
    AI Estimate
    $2,555,000
    Market price range: $967k - $2.56M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $3,495,000
    NEIGHBORHOOD: SHOPPING CENTER
    $3,155,000
    RESTAURANT
    $3,010,000
    OFFICE BUILDING
    $2,820,000
    AUTO REPAIR, GARAGE
    $2,370,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8491
Latitude
42.9215
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$12,499
$47,600
$1,052,400
$1,100,000
-
$68,000
$1,503,429
$1,571,429
More about this property
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