155 Chandler StBuffalo, NY 14207

  • Mixed-use properties
  • 93,359 SF
For Lease
$9.84/SF/YR View listing

Property Details for 155 Chandler St

Year built
1920
Lot size
1.97 AC
Property size (Sq ft)
93,359 SF
Zone code
D-IL
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
140200 77.84-1-4
APU
140200778414

Description

This prime Buffalo, NY office space at 155 Chandler St., in Erie County, offers a diverse range of flexible work solutions. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for a variety of lease options to suit different company sizes and structures. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, including custom design options and disaster recovery solutions. Additionally, the location provides coworking areas, offering both dedicated desks and hot-desking arrangements. A comprehensive suite of meeting rooms is available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, and conferences. Virtual office options are also provided, including prestigious business addresses, mail handling, and virtual assistant services, with varying levels of access to physical office space. Flexible working plans offer access to a global network of workspaces, providing options for 5, 10, or unlimited days of access per month to private offices or coworking spaces. This property presents a unique opportunity for businesses seeking adaptable and modern work environments in a central Buffalo location. The zip code is 14207.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,935,646
    6.5%
    $15,632,904
    7%
    $14,516,268
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,931,677
    Geo Method
    $5,873,214
  • Alternative Use

    Use
    Valuation
    Residential
    $19,384,800
    Hospitality
    $17,756,374
    Educational
    $14,773,094
    Medical
    $15,281,163
    Retail
    $22,980,368
155 Chandler St, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9429
Longitude
-78.8854
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
$20,268
$49,500
$3,850,500
$3,900,000
-
$70,714
$5,500,715
$5,571,429

FAQs

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