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Property profile

377 Kensington Ave Buffalo, NY 14214

OFF-MARKET
Investment properties
Property ID
US63-0123362
View Sample
7,980 SF 1.26 ac lot Built 1980
Entity Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional 7,980 square foot, single-story school building in Buffalo, NY, is offered for sale at $399,900. Currently operating as a daycare certified for up to 105 children, the property boasts six to seven classrooms, a dedicated therapy/teacher planning room, and a full commercial kitchen. A private office with a bathroom for the owner/director, additional office space, and ample storage closets are included. The building features three student bathrooms and two adult restrooms. Outdoor amenities include two fully fenced playgrounds with secure locking gates and a secure outdoor deck. Recent upgrades include a new tear-off rubber roof (2023), updated HVAC and electrical service, building-wide WIFI, and a security system. Parking is available for 20+ vehicles, along with an outdoor storage garage. All daycare equipment is newer, high-quality, and negotiable. The property sits on a 54,910 square foot lot and is zoned DC. This is a rare opportunity to acquire a well-maintained, fully operational daycare center in a desirable location. The price per square foot is $50.11.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1980
Total area 7,980 SF
Lot 1.26 ac (54,886 SF)
Zoning code D-C
APN 140200 90.13-1-5.21
UPID US63-0123362

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Daycare Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2024
Last sale
$360,000
5 recorded transactions
2024
$360,000
2023
Price N/A
2015
$107,000
2013
$100,000
2011
$115,000

Zoning & alternative use

D-C · Buffalo, NY
Zoning description

D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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