Maria Smith

252 15th Street, Buffalo, NY 14213

New

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Property Description

Waiting for your vision to be executed situated just blocks from Five Points, where morning lines form outside Remedy House & Butter Block & evenings start with a stop at Paradise Wines.This project is not for the lipstick flip crowd but a true pro that understands design-forward architectural restorations and thoughtful amenity packages achieve record settings prices.Mid-stage demo is underway so access to walls,ceilings & floors including crawl space makes for stress free MEP followed by your crew finishing over winter ready for spring market.The 2,492 gross sq ft footprint easily supports a custom 3 bed / 2.5-bath floor plan w/ an incredibly attractive floorplan.Tearing down the collapsed rear structure reclaims the deep 148' rear yard which provides the space to build a high-end outdoor living space that buyers are seeking in the city but can't find for under a million. All selected comps sit within an average of just ~0.48 miles from the subject property. With half of the active/closed dataset located less than a half-mile away, this valuation is anchored directly in the immediate neighborhood. Across 11 closed sales in the past year, comps averaged $401,364 ($203.69/sq ft) with a max closed price of $500,000 ($233.20/sq ft). Applying the neighborhood average ($203.49/sq ft) directly to the 2,492 sq ft tax record establishes a baseline ARV of $507,000 and with nearby active/pending comps pushing $233-$250+/sq ft ($580k-$625k+ ceiling).Sales data over the past 6 months shows demand accelerating, w/ closed comps commanding an average 1.15 Sale-to-List price ratio (buyers bidding up to 19% over asking), up from the 1-year average of 1.10 which aligns w/ Redfin and Zillow data consistently ranking Buffalo near the top for percentage of homes sold over list price, with over 54-65% of all homes commanding bidding wars.Days on Market averages 7 to 8 Days across both 6-month and 1-year datasets. Major national publications like The New York Times, Architectural Digest, and Forbe frequently highlight the West side of Buffalo as a premier example of urban historic restoration and commercial-residential synergy. High-end finished inventory in Five Points won't sit.

252 15th Street | MLS# B1710861

This single family home located at 252 15th Street, Buffalo, NY 14213 is currently listed for sale with an asking price of $119,900. This property was built in 1890 and has 3 bedrooms and 2 full and 1 partial baths with 2492 sq. ft. 15th Street is located within the Buffalo school district. Search Buffalo real estate on maria-smith.timberlandproperties.com today.

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Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Other, See Remarks
Fireplaces: 1
Garage: 2.5 car attached
Heating: Gas, Other, See Remarks
Home Style: Two Story
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,522
Year Built: 1890

Amenities

Bathroom Rough-In
Other
See Remarks
Blacktop Driveway

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 3
Exterior: Wood Siding
Flooring: Other, See Remarks
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 30X148
Parcel#: 140200-099-510-0004-007-000
Parking: Attached, Garage
Parking Notes: Attached, Garage
Sewer: Connected
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

High School: Other - See Remarks
Middle School: Other - See Remarks
Elementary School: Other - See Remarks
School District: Buffalo

Estimate Your Payment

Estimated Payment

$ 428.65 per month $266.85 Principal & Interest $126.83 Property Tax $34.97 Homeowner's Insurance

Change Payment Information

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yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty WNY
Agency Contact: 716-575-5969

Shown By

Agent Name: Maria Smith
Agent Phone: (516) 606-5150 Cell
Agency Title: Timberland Properties

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