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Property profile & analytics
OFF-MARKET
Office buildings

3878 Delaware Ave Buffalo, NY 14217-1037

3,196 SF 0.2 ac lot Built 1959
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-3483636
Property summary
AI-generated overview

This exceptional owner-user opportunity in Tonawanda, NY, presents a portfolio of five properties totaling 5,000 square feet on Delaware Avenue, zip code 14217. The asking price is $1,995,000. The portfolio includes a mix of commercial and residential units, offering significant income potential and owner-occupancy flexibility. Four stand-alone buildings comprise the portfolio: one office/residential building, two two-unit residential buildings, and one commercial building featuring office and warehouse space. A significant advantage is the inclusion of an adjacent vacant lot providing ample outdoor storage and parking for up to 20 vehicles. All properties have undergone extensive renovations, including new plumbing and electrical systems, roofs, gutters, windows, and flooring. This meticulously maintained portfolio presents a turnkey opportunity for an investor seeking immediate income and long-term growth. The properties are available for immediate viewing. Located in Erie County, New York, this portfolio offers a rare chance to acquire a well-maintained, income-producing asset in a desirable location. The combination of commercial and residential units provides diversification and stability, making this an attractive investment for both seasoned and new investors.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1959
Total area 3,196 SF
Lot 0.2 ac (8,845 SF)
Zoning code C
APN 146489 53.70-1-15
UPID US63-3483636
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
  • Robert T. Wylie DDS Dental Office
  • Martin Roofing Services Inc. Roofing Company General Contractor
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
Ch Realty Ventures INC · 1 yrs held
Ch Realty Ventures INC
since 2025
Last sale
$400,000
4 recorded transactions
2025
$400,000
2019
$228,000
2019
Price N/A
1969
Price N/A
Zoning & alternative use
C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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