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Financial
Distress signals
Property profile

2711 S Park Ave Buffalo, NY 14218

FOR LEASE
Turn key restaurants
Property ID
US63-0068117
3,960 SF 0.19 ac lot Built 1920
Last sale Apr 2016 · $78,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Restaurant building configured for foodservice operations, including interior dining and service areas plus a full basement for additional storage. An outdoor patio provides guest seating and is positioned adjacent to a city pocket park, with direct connection to that public green space. The property is located at the intersection of South Park Ave and Ridge and includes street and nearby public parking within walking distance. The site is situated in a mixed live-and-work area, supporting frequent neighborhood foot traffic.

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.

Debts

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

What does the county charge?
Assessed value · 2023$198k
Assessed land$7k
Assessed improvement$191k

Value estimate

· Oct 2026
$55k
$50k – $61k
NOI build-up
Gross scheduled income$123k
Vacancy & credit loss−$11k
Operating expenses−$28k
NOI · 24.04% cap applied$84k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$124/SF
Submarket average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$53 – $216
Qualifying comparables7

Cap rate analysis

How does the asset earn?
24.04%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.9
Spa & Massage12.7
Parking Facility11.6

Location

2711 S Park Ave Buffalo, NY 14218
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1841 Abbott, Buffalo, NY 14218-3230 $320,000 Nov 2025 3,402 SF
1441 Electric, Buffalo, NY 14218-2658 $225,000 Jul 2024 3,466 SF
2540 Hamburg, Buffalo, NY 14218-2530 $62,000 Mar 2024 4,284 SF
1769 Abbott, Buffalo, NY 14218-2960 $329,000 Feb 2024 4,320 SF
1245 Abbott, Buffalo, NY 14218-1901 $250,000 Sep 2021 3,040 SF
1785 Abbott, Buffalo, NY 14218-3201 $210,000 Jun 2021 3,378 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
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