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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Investment properties
2525 Delaware Ave Buffalo, NY 14216-1701
Entity Owned
~
Est. High Equity
Property ID
US63-0448539
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Total area
7,608 SF
Lot
0.16 ac (6,912 SF)
Zoning code
N-3E
APN
140200 78.55-2-62
UPID
US63-0448539
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.13M
Owner & transaction history
Rc Empire Center LLC
Rc Empire Center LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
N-3E · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+36.0%
Neighborhood: shopping center
$985,000
+22.9%
Restaurant
$940,000
+17.2%
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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
$1,275,000
ML approach
$1,320,000
CAP Approach
CAP Return
Estimation
6%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$805,000
Current use
RETAIL STORES
$1,095,000
Change: +36% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: +23% · Conversion: Difficult
RESTAURANT
$940,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$740,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.05M (Nov 24 2025)
Last sale anchor
$1.05M
Nov 24 2025
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
$148 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,898
Tax year 2023
Assessed value
$750,000
Assessed 2023
Previous assessed
$750,000
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$69,100
Assessed improvement
$680,900
Land market value
$98,714
Improvement market value
$972,715
Total market value
$1,071,429
Applied tax rate
140,200.0000
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
1925
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
7,608 SF
Lot
0.16 ac (6,912 SF)
Zoning code
N-3E
APN
140200 78.55-2-62
UPID
US63-0448539
Jurisdiction
ERIE
Zoning & alternative use
N-3E · Buffalo, NY
Zoning N-3E · permitted uses
N-3E · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$805,000
RETAIL STORES
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
RESTAURANT
Est. value
$940,000
OFFICE BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$740,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1925
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Rc Empire Center LLC
Entity
Mailing address
1580 GENESEE ST, BUFFALO, NY 14211-1635
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
$1,050,000
Rc Empire Center LLC
2525 Delaware LLC
Warranty Deed
$840,000 · Lake Shore Bank
Nov 5, 2021
$1,025,000
2525 Delaware LLC
Brbk Holdings LLC
Deed
—
Jul 1, 2020
—
Brbk Holdings LLC
—
Deed
related
$700,000 · Sands Cap LLC
Dec 10, 2019
—
Wendy Johnson
Andrew Piscitello
Quit Claim Deed
related
—
Dec 9, 2019
$505,000
Brbk Holdings LLC
Referee Of Erie County|piscitello Family Trust It
Trustees Deed
related
—
Nov 6, 2014
—
Andrew Piscitello
Piscitello Family Trust
Quit Claim Deed
related
—
Aug 16, 2004
—
Piscitello Family Trust
Piscitello,robert C & Wendy C
Quit Claim Deed
related
—
—
—
Piscitello Family Trust
—
Deed Of Trust
related
$180,000 · Silver Hill Financial LLC
—
—
Brbk Holdings LLC
—
Deed Of Trust
related
$700,000 · Sands Cap LLC
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.
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