Standardized Operating Procedure of Purchase

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.__+// //$$$—Great location with close proximity to ECMC (Erie County Medical Center), Sister’s Hospital and the Northland Workforce Center. This property is also available for lease. $$$—// Invest in Buffalo! SHOW AT WILL