3651 Park AveBuffalo, NY 14219

Property Details for 3651 Park Ave

Year built

2022

Lot size

0.23 AC

Property size (Sq ft)

2,448 SF

Property type

Office buildings

APN

144801 151.47-3-14.1

APU

144801151473141

Description

This exceptional Class A, 2,610 square foot office building, constructed in 2023, presents a unique owner-user opportunity in Buffalo, NY. Situated on a highly trafficked street (14,000 cars daily), near Lake Ave and I-90, this property boasts excellent visibility and accessibility. The building features two suites (1,825 sq ft and 785 sq ft), adaptable to various needs, or combinable for a total of 2,610 sq ft. An ADA-compliant floor plan includes 9-foot ceilings, private and general offices, an executive suite with a private bath/shower, and a kitchen/break room. The professionally landscaped exterior includes a spacious parking lot (11 spaces) and a rear patio. The property sits on a 10,019 sq ft lot, zoned C2, offering significant potential. The asking price is $429,000 ($164.37/sq ft, $214,500/unit). This prime location within an easily accessible, high-traffic Village Business District provides an ideal setting for a thriving business or investment portfolio. The building's modern amenities and flexible space configuration make it an attractive option for businesses seeking a prominent presence in a growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $444,078

  6.5%

  $409,918

  7%

  $380,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $234,201

  Geo Method

  $220,820

• Alternative Use

  Use

  Valuation

  Residential

  $508,298

  Hospitality

  $465,598

  Educational

  $387,372

  Medical

  $400,695

  Retail

  $602,579

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.7998

Longitude

-78.8242

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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