Advertise
    Property profile

    3039 Delaware Ave Buffalo, NY 14217

    OFF-MARKET
    Apartment buildings
    Property ID
    US63-5959712
    11,271 SF Built 1962
    Saved · see the list in your Dashboard

    Property summary

    AI-generated overview

    This 12-unit apartment building, located at 3039 Delaware Ave in Buffalo, NY, presents a compelling value-add investment opportunity. Built in 1962 and renovated between 2008 and 2021, the property boasts 11,271 square feet on a 4,773 square foot lot. The building features 9,000 square feet of net rentable space, currently housing 12 one-bedroom, one-bathroom units with 100% occupancy. Heat and water are included in the rent

    Property profile

    Verified
    Property type Apartment buildings
    Year built 1962
    Total area 11,271 SF
    UPID US63-5959712

    Cap rate & NOI

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

    Location

    3039 Delaware Ave Buffalo, NY 14217
    Buffalo metro
    Google Maps

    Value estimations

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

    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $280,000
      1,104 SF
      1774 Military Rd
      MOBILE HOME PARK, TRAILER PARK
      1774 Military Rd, Buffalo, NY 14217-1058
      View Details
    • Value Estimation by Request
      4,000 SF
      2028 Union Rd
      Distribution properties
      2028 Union Rd, Buffalo, NY 14217
      View Details
    • Value Estimation
      $675,000
      6,000 SF
      1490 Sheridan Dr
      STORE/OFFICE (MIXED USE)
      1490 Sheridan Dr, Buffalo, NY 14217-1249
      View Details
    • Value Estimation
      $250,000
      2,470 SF
      1599 Kenmore Ave
      STORE/OFFICE (MIXED USE)
      1599 Kenmore Ave, Buffalo, NY 14217-2614
      View Details
    • Value Estimation
      $420,000
      12,082 SF
      1347 Military Rd
      WAREHOUSE, STORAGE
      1347 Military Rd, Buffalo, NY 14217
      View Details
    • Value Estimation
      $1,560,000
      38,871 SF
      2746 Delaware Ave
      OFFICE BUILDING
      2746 Delaware Ave, Buffalo, NY 14217-2792
      View Details

    Similar Nearby for Sale

    • $239,900
      1,732 SF
      Duplex with Separate Utilities
      Two-level layout pairs a larger lower residence with a separate one-bedroom apartment and private outdoor space.
      51 Delwood Road, Buffalo, NY 14217
      View Details
    • $269,900
      Two-Family Residential Income Property
      Well-maintained two-family home with two 2-bedroom, 1-bath apartments, detached garage, and updated electrical.
      84 Woodward Ave, Tonawanda, NY 14217
      View Details
    • $289,900
      1,792 SF
      Kenmore Duplex Investment Opportunity
      Well-maintained duplex in Kenmore neighborhood with strong rental demand.
      Buffalo, NY 14217
      View Details
    • $249,900
      Two-Unit Duplex with Detached Garage
      Separate apartments include a vacant lower level and an occupied upper level.
      84 Woodward Avenue, Tonawanda, NY 14217
      View Details
    • New
      $289,000
      0.10 Acres
      Tonawanda Multifamily Property for Sale
      Multifamily property available in Tonawanda, NY.
      32 E Hazeltine Ave, Tonawanda, NY 14217
      View Details
    • New
      $250,000
      1,888 SF
      Updated Two-Unit Duplex
      Two-bedroom units offer separate living spaces, dedicated parking, and access to a partially fenced yard with patio.
      104 Palmer Avenue, Buffalo, NY 14217
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing
      4,800 sqft
      Elmwood Avenue Commercial Building
      4800 sq ft building suitable for office or retail.
      2282 Elmwood Avenue, Buffalo, NY 14217
      View Details
    • $3,000/Mo
      900 sqft
      Kenmore Village Corner Storefront Opportunity
      Prime corner storefront with high visibility and flexible terms.
      2824 Delaware Ave, Tonawanda, NY 14217
      View Details
    • New
      Contact for pricing
      Prime Retail Space in Kenmore
      Highly visible retail space in the heart of Kenmore.
      2815 Delaware Avenue, Kenmore, NY 14217
      View Details
    • New
      Contact for pricing
      1,000 sqft
      High-Visibility Storefront Suite
      Open-plan storefront includes private bathroom and kitchenette, plus private basement storage and parking behind building.
      3104 Delaware Ave, Buffalo, NY 14217
      View Details
    • $1,650/Mo
      Specialty Commercial Space
      Available for rent near bikeable and very walkable amenities, with some transit access.
      3199 Delaware Ave, Tonawanda, NY 14217
      View Details
    • Contact for pricing
      17,985 sqft
      Truck Terminal with Repair Shop
      Leasing offering includes a truck terminal with 20+ docks plus repair shop space and office support.
      275 Mayville Ave, Buffalo, NY 14217
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
    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?”
    You own 3039 Delaware Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3039 Delaware Ave, Buffalo, NY, 14217
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!