For Sale

Listed by Timothy Riordan from KELLER WILLIAMS REALTY WNY

Source: Western New York Real Estate Information Service #B1710861

252 15th St, Buffalo, NY, 14213

$119,900

3
3
3
2492 sq. ft.
4440 sq. ft.

SingleFam

3 days on the market

What's around 252 15th St

About this property

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.

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