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Property profile & analytics
OFF-MARKET
Investment properties
7318 Buffalo Ave, Niagara Falls, NY 14304-4077
Individually Owned
6-yr Hold
Free & Clear
Property ID
US63-3240265
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1975
Total area
3,671 SF
Lot
0.12 ac (5,406 SF)
Zoning code
C1-A
APN
291100 160.83-2-39
UPID
US63-3240265
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
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
Kiriaki Katholos · 6 yrs held
Kiriaki Katholos
since 2019
7 recorded transactions
Zoning & alternative use
C1-A · Niagara Falls, 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 Niagara Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niagara Falls 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
Property tax & assessments
Assessed value
$62,500
Assessed 2023
Previous assessed
$62,500
+0.0% YoY
Assessed land
$4,000
Assessed improvement
$58,500
Land market value
$7,405
Improvement market value
$108,295
Total market value
$115,700
Applied tax rate
291,100.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1975
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
3,671 SF
Lot
0.12 ac (5,406 SF)
Zoning code
C1-A
APN
291100 160.83-2-39
UPID
US63-3240265
Jurisdiction
NIAGARA
Zoning & alternative use
C1-A · Niagara Falls, NY
Zoning C1-A · permitted uses
C1-A · Niagara Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niagara Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Kiriaki Katholos
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 374, GRAND ISLAND, NY 14072-0374
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2019
$50,000
Kiriaki Katholos
Mfra Trust 2015-1
Grant Deed
—
Jun 5, 2019
—
Wilmington Trust NA 2015-1 Tr
Referee Of Niagara County|farley,terri L
Correction Deed
related
—
Apr 4, 2019
$500
Diplomat Property Manager LLC
Referee / Niagara County|farley,term L
Trustees Deed
related
—
Jul 10, 2015
—
Pescrillo New York LLC
Pescrillo,ralph T
Quit Claim Deed
related
—
Feb 4, 2014
$1,750
Ralph T Pescrillo
Sfb Dev Corp
Quit Claim Deed
—
Dec 12, 2007
—
Terri L Farley
Farley Real Estate Ent
Quit Claim Deed
related
$60,000 · J P Morgan Chase Bank
Sep 16, 2005
$57,000
Real Estate Ents Farley
Marra,charles P & Karen M
Warranty Deed
$52,000 · Charles P & Karen M Marra
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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