Financial
Distress signals
Property profile

257 West Genesee St Buffalo, NY 14202

FOR LEASE
Office buildings
Property ID
US63-3822866
473,220 SF 8.18 ac lot Built 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This prestigious Class A office building, completed in 2007, offers 440,610 square feet of space in two eight-story buildings. Located in downtown Buffalo, between City Hall and the waterfront, it boasts stunning city and lake views from its expansive glass curtain wall. Suites ranging from 25,000 square feet and larger will be available for lease in 2024. The property features a 1,500-space secured parking garage with key card access, providing convenient parking for tenants and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$2.23M
Tax billed · 2019
Assessed value · 2023$55.00M
Assessed land$3.92M
Assessed improvement$51.08M
Effective rate4.06%

Value estimate

· Sep 2026
$49.74M
$44.77M – $54.71M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
N-1C
The N-1C zone addresses mixed-use centers of high intensity, in strategic locations such as on the edges of downtown or proximate to ligh...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility14.2
Electrical Service14.0
HVAC Service14.0

Location

257 West Genesee St Buffalo, NY 14202
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
290 Main St, Buffalo, NY 14202-4006 $9,544,500 Aug 2023 92,814 SF
17 Ct, Buffalo, NY 14202-3204 $3,300,000 Jul 2022 49,454 SF
1000 Main, Buffalo, NY 14202-1102 $1,850,000 Dec 2020 14,548 SF
564 Franklin, Buffalo, NY 14202-1164 $2,472,000 Dec 2019 22,835 SF
138 Delaware, Buffalo, NY 14202-2404 $16,900,000 Jun 2019 131,760 SF
388 Pearl, Buffalo, NY 14202 $1,750,000 Apr 2019 37,844 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message