CCertihomes
405 Rhode Island Street, Buffalo, NY 14213

$1,999,999

0 beds 0 baths 15,717 sqft Built 19401 days on marketActive

About this home

Prime redevelopment opportunity in Buffalo’s thriving Five Points neighborhood! 405 Rhode Island St offers over 15, 000 sq ft of space plus a large brick garage with power, all situated on an expansive .71 acre lot—an exceptional footprint for the city. Located in the heart of one of Buffalo’s most in-demand neighborhoods, surrounded by anchor businesses like Remedy House, Five Points Bakery, and Urban Roots. Perfect for commercial, residential, or mixed-use, this property is ideal for developers seeking to tap into the momentum of the West Side. Whether you’re envisioning apartments, creative office, retail, or a dynamic combination, the scale and location make this a rare find. Don’t miss your chance to shape the next phase of Five Points.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$16,345/mo

Real estate (PITI + HOA + PMI)
$13,233
Principal + interest$9,071
Property tax + insurance$3,412
PMI / 2nd mortgage$750
Utilities
$7,534
Heating + cooling$3,614
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$16,345/mo TLC
Budget$16,845/mo
Remaining after TLC$500/mo
Purchase price
$1,999,999
Down payment
$100,000 (5%)
Loan amount
$1,899,999
APR
4%

Quick facts

Type
Office
Style
Year built
1940
Lot size
0.71 ac
Stories
1
Heating
Gas, ForcedAir
Cooling
Water
HOA
Annual tax
$11,615
MLS #
B1623367
County
Erie

Home features

Parking
OnSite
Roof
Flat
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14213

MetricThis ZIPCountyUSA
Population27,61819,351,094299,088,112
Population Change Since1990-17.00%8.00%20.00%
Population Density10,734395
Male13,1389,381,926147,432,321
Female14,4809,969,168151,655,844
Never Married9,2734,946,39163,775,926
Married6,4537,166,701123,120,365
Separated2,5151,159,67312,639,686
Widowed1,4281,110,24515,467,586
Divorced1,9751,210,44823,075,029
Number Of House Hold10,0487,102,016111,826,380
Average House Hold Size2.492.642.60
Medial Age28.3636.5335.46
Median House Hold Income$22,270$49,847$48,276
Average House Hold Income$30,288$70,032$63,629
P C I$12,278$26,569$24,529
M D I$20,726$42,210$41,133
A T H E$32,000$54,185$50,898
S T R8.75%4.00%
W C J85.46%81.55%77.74%
(Zip) Code
14213

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

Map & walkability

Open in Google Maps →

Listing information last refreshed 7/17/2025. Provided courtesy of Keller Williams Realty WNY via Buffalo MLS. Information deemed reliable but not guaranteed.