Property profile

3878 Delaware Ave Buffalo, NY 14217

OFF-MARKET
Office buildings
Property ID
US63-3483636
3,196 SF 0.2 ac lot Built 1959
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Dental Office
  • Roofing Company General Contractor

Location

3878 Delaware Ave Buffalo, NY 14217-1037
Buffalo metro Census 8201 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

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

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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