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Financial
Distress signals
Property profile

3144 S Park Ave Buffalo, NY 14218

FOR LEASE
Office buildings
Property ID
US63-1118812
5,576 SF 0.19 ac lot Built 1986
Last sale Oct 2010 · $80,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A one-story office building located in Buffalo, New York, with a brick and block exterior. The interior includes carpet and concrete flooring. The building is served by gas forced-air heating and central air conditioning. Public sewer services the property. Off-street parking is provided by a concrete parking lot with capacity for 30+ vehicles. The building contains approximately 5,576 square feet of space.

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$153k
Assessed land$27k
Assessed improvement$126k

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$220k
NOI build-up
Gross scheduled income$114k
Vacancy & credit loss−$21k
Operating expenses−$23k
NOI · 772,555.56% cap applied$70k

Realmo valuation models over county records and 8 qualifying comparable sales.

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
Qualifying comparables8

Cap rate analysis

How does the asset earn?
772,555.56%
$70k 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?
NC
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 agency24.0
Spa & Massage14.8
Law Firm13.4

Location

3144 S Park Ave Buffalo, NY 14218
County assessor Recorded deeds · 1 transfer 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1271 Rdg, Buffalo, NY 14218-1820 $2,550,000 Jan 2025 2,100 SF
1177 Rdg, Buffalo, NY 14218-1816 $160,000 Jun 2024 2,817 SF
227 Rdg, Buffalo, NY 14218-1156 $475,000 Sep 2023 7,272 SF
2437 Berg, Buffalo, NY 14218-3785 $575,000 Jul 2023 6,714 SF
728 Rdg, Buffalo, NY 14218-1510 $48,000 Feb 2023 4,000 SF
3277 Park, Buffalo, NY 14218-3527 $50,000 May 2019 1,400 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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