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    6 Pearl St Buffalo, NY 14202-1412

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    6 Pearl St Buffalo, NY 14202-1412


    • Office buildings
    • 5,674 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Sep 30, 2024
    $600,000
    Property ID
    US63-2636213
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • McCready & Todaro / Law Firm
    • McCready & Todaro: Todaro David P / Law Firm
    • Maureen A McCready / Law Firm
    • Albert Burruano, Attorney At Law / Law Firm
    • Scott Karen Gaughan / Law Firm

    Property Details for 6 Pearl St

    Year built
    1870
    Lot size
    0.29 lot acres
    Property size
    5,674 SF
    Zone code
    N-2R
    Property type
    Office buildings
    APN
    140200 111.22-6-1
    APU
    1402001112261

    Description

    This stunning, vacant, two-story office building, located at 6 North Pearl Street in Buffalo, NY's historic Allentown district, presents a unique investment opportunity. Boasting 6,931 square feet, the property is priced at $849,000, or $122.49 per square foot. The building features two 2,500 square foot spaces, ideally suited for attorney or professional office users, each complete with built-in kitchenettes, fireplaces, and conference rooms. Ample on-site parking is a significant advantage. Its prime location offers easy access to the Buffalo Central Business District (CBD), the Buffalo Niagara Medical Campus, and the Elmwood Village, with convenient access to the NYS Thruway I-190 and Route 33 Expressway. Surrounded by a wealth of amenities including shopping, restaurants, banks, and service businesses, this property enjoys a highly desirable location. The building's historic character and flexible layout also present the possibility of conversion to residential use, expanding its potential appeal. This Class B office building represents a compelling investment opportunity in a thriving urban neighborhood. The property is currently vacant, allowing for immediate occupancy and customization to suit a new owner's needs. Don't miss this chance to acquire a substantial property in a highly sought-after area of Buffalo.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $600,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $836,000
      Market price range: $388k - $968k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $660,000
      Current use
      RETAIL STORES
      $815,000
      Change: +24% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $735,000
      Change: +12% Conversion: Difficult
      RESTAURANT
      $700,000
      Change: +7% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $700,000
      Change: +6% Conversion: Easy
      AUTO REPAIR, GARAGE
      $550,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8722
    Latitude
    42.8972
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,858
    $127,700
    $422,300
    $550,000
    -
    $182,429
    $603,285
    $785,714
    More about this property
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