Property profile

25 Summer St Buffalo, NY 14209

OFF-MARKET
Specialty properties
Property ID
US63-1235756
3,362 SF 0.14 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,362 square foot medical office building at 25 Summer Street in Buffalo, New York, presents a compelling investment opportunity. Located in Erie County, zip code 14209, the property boasts a single tenant under a long-term absolute NNN lease, ensuring consistent cash flow. The building is in excellent condition and offers ample parking for ten or more vehicles. The current gross annual rental income is $50,000, translating to a price per square foot of $178.44. This translates to a strong return on investment for the asking price of $599,900. The property is conveniently located at 25 Summer Street, Buffalo, NY. This single-unit building offers a straightforward investment strategy with a reliable income stream. The property is available for purchase individually, or as part of a larger package that includes another tenant-occupied property (2323 N Forest Getzville, NY – details available upon request). All showings must be scheduled in advance. This is a rare opportunity to acquire a well-maintained, income-producing medical office building in a desirable location. Further details are available upon request.

Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1900
Total area 3,362 SF
Lot 0.14 ac (5,964 SF)
Zoning code N-2R
APN 140200 100.63-1-4.2
UPID US63-1235756

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic

Location

25 Summer St Buffalo, NY 14209-2207
Buffalo metro Census 6702 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2021
Price N/A
2018
Price N/A
2015
Price N/A

Zoning & alternative use

N-2R · Buffalo, NY
Zoning description

structure exists in the N-2R zone, any alteration to the structure must comply with the standards for the respective building type as applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interio…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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