451 ElmwoodBuffalo, NY 14222

  • Mixed-use properties
  • 67,630 SF
For Lease

Property Details for 451 Elmwood

Year built
1963
Lot size
0.41 AC
Property size (Sq ft)
67,630 SF
Zone code
N-2C
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
140200 100.46-2-2.121
APU
1402001004622121

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,268,334
    6.5%
    $11,324,616
    7%
    $10,515,715
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,470,182
    Geo Method
    $6,100,758
  • Alternative Use

    Use
    Valuation
    Residential
    $14,042,524
    Hospitality
    $12,862,876
    Educational
    $10,701,762
    Medical
    $11,069,812
    Retail
    $16,647,185
451 Elmwood, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9093
Longitude
-78.8768
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $6,558,400
  • Assessed land value
    $71,600
  • Assessed value
    $6,630,000
  • Tax year
    2023

FAQs

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