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Property profile & analytics
FOR LEASE
Banks
5999 S Park Ave Hamburg, NY 14075
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-4063086
For Lease
Contact for pricing
5999 S Park Ave, Hamburg, NY 14075
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1995
Total area
3,069 SF
Lot
0.68 ac (29,584 SF)
Zoning code
RE
APN
144889 183.13-2-6.22
UPID
US63-4063086
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
-
Oasis Wine Liquor & Hard Cider (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Hi-Tech Services (Bike/Boat/Book/etc) Store Corporate Office
-
Mighty Taco Restaurant Take-out & Catering
-
Infiniflo Department Store
-
The New York Foundation for Fair Contracting Charitable Organization
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
Village Of Hamburg · 2 yrs held
Village Of Hamburg
since 2024
4 recorded transactions
Zoning & alternative use
RE · Hamburg, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$380,000
Assessed 2023
Previous assessed
$380,000
+0.0% YoY
Assessed land
$90,000
Assessed improvement
$290,000
Land market value
$281,250
Improvement market value
$906,250
Total market value
$1,187,500
Applied tax rate
144,801.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1995
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
3,069 SF
Lot
0.68 ac (29,584 SF)
Zoning code
RE
APN
144889 183.13-2-6.22
UPID
US63-4063086
Jurisdiction
ERIE
Zoning & alternative use
RE · Hamburg, NY
Zoning RE · permitted uses
RE · 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.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Village Of Hamburg
Individual
Free & Clear · 2 yrs held
Mailing address
4053 MAPLE RD, AMHERST, NY 14226-1058
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
$4,900
Village Of Hamburg
Benchmark Hamburg Plaza Associates
Warranty Deed
—
Jan 6, 2006
$360,506
Rerob LLC
Exxonmobl Oil Corp
Grant Deed
—
—
—
Srk Hamburg Bb Assocs LP
—
Deed Of Trust
related
$387,239 · Keybank USA
—
—
Srk Hamburg Bb Associates
—
Deed Of Trust
related
$28,803 · Evans National Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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