Property profile

462 Genesee St Buffalo, NY 14204

OFF-MARKET
Commercial real estate
Property ID
US63-1376500
10,054 SF 0.15 ac lot
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional mixed-use property at 462 Genesee Street in Buffalo, New York, presents a compelling investment opportunity. The three-story, Class B building boasts a total of 10,054 square feet situated on a 0.15-acre lot (APN 111.33-1-12). The property is zoned N-400 and features five units, offering a price per unit of $76,000 and an overall asking price of $380,000 ($37.80 per square foot). The building's versatile design includes a first-floor commercial space, easily adaptable for office, warehouse, or storage uses. Above the commercial space are four residential units. This corner location provides convenient access to Downtown Buffalo and the Central Business District, with easy connections to Route 33 and the I-90 Thruway. The property has a history of operation as a not-for-profit entity. The anticipated occupancy date is August 14, 2024. This is a ground lease-free opportunity. This property is ideal for investors seeking a blend of commercial and residential income streams in a thriving urban setting. The building's strong location and flexible layout offer significant potential for future growth and value appreciation.

Property profile

Verified
Property type Commercial real estate
Total area 10,054 SF
Lot 0.15 ac (6,534 SF)
UPID US63-1376500

Cap rate & NOI

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

Location

462 Genesee St Buffalo, NY 14204
Buffalo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$290,000
2025
Price N/A

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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