CCertihomes
580 Kensington Avenue, Buffalo, NY 14214

$94,900

0 beds 0 baths 14,850 sqft147 days on marketActive

About this home

Welcome to 580 Kensington Avenue, Buffalo, NY. This commercially zoned N-3E vacant lot measures 14, 850 sq.ft, with 135 ft. of frontage. The lot has one curb cut at Dewey Ave. and two curb cuts along Kensington Ave. -- 580 Kensington Ave – N-3E Zoning Overview Under Buffalo’s Green Code, the N-3E (Mixed-Use Edge) zoning allows for a range of residential and light commercial uses ideal for neighborhood-scale development. Industrial or outdoor storage uses are not permitted, but many income-generating options are allowed by right, reducing risk and delays. ++++Top Investment-Friendly Uses++++ //***Mixed-Use Residential + Commercial – Apartments or live-work units above retail/office space. Multiple income streams, potential subsidies/tax credits, fits neighborhood without a variance.***// //***Small-Scale Multi-Family Housing – Duplex, triplex, or 4+ units. Steady rental income, strong demand for mid-density housing, potential for new or modular builds.***// //***Office/Co-Working Space – Professional offices for small businesses and remote workers. Lower build-out cost than retail, can be standalone or part of mixed-use.***// //***Retail/Food Service – Café, boutique, salon, or takeout spot. Walkable location, local operator appeal, can pair with upstairs residential.***// //***Community Services/Nonprofits – Daycare, tutoring, health clinic, or support services. Long-term tenants with stable funding; potential grants and LIHTC partnerships.***// //---Development Formats---// //#2–3 story infill construction with street frontage#// //#Modular/prefab for faster, lower-cost builds#// //#Green redevelopment with NYSERDA incentives#// //-!-Investor Selling Points-!-// //+__Prime location near Delaware Park, ECMC, and public transit__+// //+__Market demand for affordable rentals and community-scale businesses__+// //+__Flexible zoning allows valuable uses without special approvals.__+// //$$$---Great location with close proximity to ECMC (Erie County Medical Center), Burgard High School, Dewey Ave. Playground, Sister's Hospital, the Northland Workforce Center, and the 33 expressway.$$$---// Invest in Buffalo! SHOW AT WILL

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,466/mo

Real estate (PITI + HOA + PMI)
$1,396
Principal + interest$609
Property tax + insurance$751
PMI / 2nd mortgage$36
Utilities
$6,022
Heating + cooling$2,858
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$4,466/mo TLC
Budget$5,000/mo
Remaining after TLC$534/mo
Purchase price
$94,900
Down payment
$4,745 (5%)
Loan amount
$90,155
APR
7.15%

Quick facts

Type
Commercial
Style
Other, SeeRemarks
Year built
Lot size
0.3409 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$440
MLS #
B1594441
County
Erie

Home features

Exterior
DirtDriveway
Community
CurbsStormDrainsSidewalks
Flooring
Other, SeeRemarks
Sewer
StormSewer

Lot features

Rectangular, RectangularLot, Cleared, Level, Other, SeeRemarks

Neighborhood — 14214

MetricThis ZIPCountyUSA
Population22,94519,351,094299,088,112
Population Change Since1990-6.00%8.00%20.00%
Population Density7,117395
Male11,0089,381,926147,432,321
Female11,9369,969,168151,655,844
Never Married7,8314,946,39163,775,926
Married5,7107,166,701123,120,365
Separated2,8121,159,67312,639,686
Widowed1,4241,110,24515,467,586
Divorced1,5051,210,44823,075,029
Number Of House Hold8,7587,102,016111,826,380
Average House Hold Size2.362.642.60
Medial Age30.0036.5335.46
Median House Hold Income$35,430$49,847$48,276
Average House Hold Income$49,003$70,032$63,629
P C I$20,199$26,569$24,529
M D I$31,238$42,210$41,133
A T H E$42,829$54,185$50,898
S T R8.75%4.00%
W C J81.82%81.55%77.74%
(Zip) Code
14214

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/20/2025. Provided courtesy of Roncroft Realty via Buffalo MLS. Information deemed reliable but not guaranteed.