Financial
Distress signals
Property profile

898 Genesee St Buffalo, NY 14211

FOR SALE
Other warehouses
Property ID
US63-1777468
8,783 SF 0.15 ac lot Built 1916
Last sale Dec 2022 · $490,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property in Buffalo, New York, at 898 Genesee Street, combines an operating restaurant with a commercial warehouse component. The restaurant includes equipment and furnishings and is paired with additional interior space from a renovated three-bedroom area that can be used for office, staff, or rental purposes. The warehouse provides storage and includes a dedicated loading and unloading door, and the building had a roof replacement. The property is zoned N-3E and was built in 1916.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$312
Tax billed · 2023
Assessed value$60k
Assessed land$6k
Assessed improvement$54k
Effective rate0.52%

Value estimate

· Sep 2026
$440k
$396k – $484k
AI approach$440k
NOI build-up
Gross scheduled income$111k
Vacancy & credit loss−$2k
Operating expenses−$16k
NOI · 16.87% cap applied$93k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$56/SF
Submarket average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$24 – $79
Qualifying comparables6

Cap rate analysis

How does the asset earn?
16.87%
$93k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
N-3E
The N-3E zone addresses transitional areas in Buffalo streetcar neighborhoods, typically located at the edges of more intense mixed-use c...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.7
Dental Office22.9
Law Firm20.2

Location

898 Genesee St Buffalo, NY 14211
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Doat, Buffalo, NY 14211-1612 $385,000 Dec 2023 11,290 SF
25 Keystone, Buffalo, NY 14211-2509 $10,000 Apr 2023 5,544 SF
320 Scajaquada, Buffalo, NY 14211 $922,000 Feb 2023 5,850 SF
73 Leslie, Buffalo, NY 14211-1620 $250,000 Jun 2022 9,200 SF
587 Winslow, Buffalo, NY 14211-1421 $145,000 Sep 2021 8,140 SF
1649 Fillmore, Buffalo, NY 14211-1142 $30,000 Feb 2020 6,606 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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