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Property profile & analytics
FOR LEASE
Community centers
3701 Mckinley Pkwy Hamburg, NY 14219
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-4077062
For Lease
1 / 2
$1,155,000
3701 Mckinley Pkwy, Hamburg, NY 14219
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Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Total area
9,040 SF
Lot
4.7 ac (204,732 SF)
Zoning code
C2
APN
144889 160.07-2-29
UPID
US63-4077062
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
Current use
Occupant on record · Public records
-
Sew Fluffy Kitties (Bike/Boat/Book/etc) Store
-
Happy Lil Hippie's Unique Boutique (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Gty Auto Service LLC · 1 yrs held
Gty Auto Service LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · Hamburg, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+7.3%
Restaurant
$1.2M
+1.0%
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 Hamburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,225,000
Current use
RETAIL STORES
$1,315,000
Change: +7% · Conversion: Easy
RESTAURANT
$1,235,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10%
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
$128 / 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
Assessed value
$2,585,900
Assessed 2023
Previous assessed
$2,585,900
+0.0% YoY
Assessed land
$500,000
Assessed improvement
$2,085,900
Land market value
$1,562,500
Improvement market value
$6,518,438
Total market value
$8,080,938
Applied tax rate
144,804.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1991
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
9,040 SF
Lot
4.7 ac (204,732 SF)
Zoning code
C2
APN
144889 160.07-2-29
UPID
US63-4077062
Jurisdiction
ERIE
Zoning & alternative use
C2 · Hamburg, NY
Zoning C2 · permitted uses
C2 · Hamburg, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hamburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
1991
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.7 ac
Current owner
From public records · entity-resolved
Gty Auto Service LLC
Entity
Free & Clear · 1 yrs held
Mailing address
23 PHAETONS DR, MELVILLE, NY 11747-2028
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
$5,022,497
Gty Auto Service LLC
Splash Holdings Cc LLC
Bargain & Sale Deed
—
Apr 1, 2024
$1,000,000
3701 Mckinley Outparcel 4 LLC
Orchard Park Lodging Ventures LLC
Bargain & Sale Deed
—
Dec 22, 2023
—
Splash Holdings Cc LLC
—
Deed
related
$3,250,327 · Gty Auto Service LLC
Aug 28, 2023
—
Del Associates Vii LLC
95 Nyrpt LLC
Quitclaim Deed
related
—
Feb 9, 2023
$3,789,529
Ofp Hamburg Ny LLC
Mckinley Savers LLC
Bargain & Sale Deed
$3,000,000 · Associated Bank NA
Jan 26, 2023
—
Mckinley Enterprises LLC
—
Deed
related
$543,622 · Wells Fargo Bank NA
Dec 22, 2022
$1,650,000
Nla Hamburg LLC
Mckinley Hamburg Building LLC
Bargain & Sale Deed
—
Sep 27, 2021
$8,500,000
Mckinley Mall Realty Holding LLC
Frederick J Meno
Bargain & Sale Deed
$153,000 · Bank Of America NA
Aug 24, 2021
—
570 Delaware Xii LLC
Will Ridge Associates LLC
Quitclaim Deed
related
—
May 25, 2021
—
Fraidun Rahimzadeh
—
Deed
related
$16,566 · Wells Fargo Bank NA
Nov 25, 2019
$400,000
Orchard Pk Lodging Ventures Ll
G Ou
Grant Deed
—
Oct 4, 2019
$7,787,730
Realty Income Prop 21 LLC
G Ou
Grant Deed
—
Oct 13, 2016
$7,000,000
G & I Ix Empire Mckinley Mall Ou
Bg Mckinley LLC
Grant Deed
related
$127,133,919 · Wells Fargo Bk
Oct 13, 2016
—
G & I Ix Empire Mckinley Mall Ou
Bg Mckinley LLC
Grant Deed
—
Sep 22, 2016
$1,250,000
3701 Mmf LLC
Macys Retail Holdings INC
Grant Deed
—
Aug 26, 2013
$5,600,000
Mckinley Ents LLC
Bg Mckinley II LLC
Grant Deed
$3,600,000 · American Equity Inv Life Ins
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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