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82 Reservation St
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
6
Beds
2
Baths
Interior Living Space (Sq Ft)
1582 sq ft
Lot Size (Sq Ft)
3,872 sq ft
Year Built
1910
Price/Sq Ft (Living Area)
88$
Price/Sq Ft (Lot Size)
36$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2023
Tax Year
Annual Tax
$275
Assessed Value
$53,000
Last Sale
2024
$117,000
Price History
Zestimate Range
$45k – $117k
+64.8%
since 2017
2017: $71kNow: $117k
Zillow Zestimate history · 4 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Unknown
Lakeshore flooding is expected along the Lake Erie shoreline, including the Buffalo Harbor and waterfront. If water levels exceed 10 feet above low water datum flooding may occur in the Old First Ward section of Buffalo and at Canalside.
Zumintel Report
EVALUATED FOR: SHORT-TERM RENTAL
82 Reservation St, Buffalo, NY 14207
MULTI_FAMILY•May 23, 2026•MLS #B1677630
79/100
STR Score
STR Regulation Warning: allowed
Failure to register before hosting is a violation subject to fines.
Summary: Zumintel Engine assessed this property's zoning from neighborhood context — no specific parcel zone was confirmed. Short-term rentals are allowed in Buffalo, NY, subject to registration with the city. Hosts must register with the city and display their registration number on all listings.
Zoning determined by AI research. Verify your parcel before investing.Verify on official map
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$139,900
Square Feet
1,582
Year Built
1910
Configuration
6bd / 2ba
Market Context
- Pricing PositionBelow the median neighborhood price, offering potential value.
- Liquidity RiskAverage days on market are increasing, indicating a slight decrease in market velocity.
- NeighborhoodLocated in the Black Rock neighborhood, near Elmwood Village and Buffalo State University.
- Local MarketMedian Neighborhood Price: $165,000 (-7.8% YoY)Market Velocity: Stable • Inventory: High • Avg DOM: 27 days
- Investment PotentialEstimated Rent: $1,460/moCap Rate: 8.14% • 5-Year Growth: -33.4%
- STR MarketAs of July 2025, there were 1,042 listings available in Buffalo from Airbnb. Average occupancy rate is 58% and the average daily rate is $130.
Location & Destination
Tourist Destinations
- ★Elmwood Village
- ★Buffalo State University
- Close proximity to Elmwood Village, Buffalo State University, and major retail.
- Located in the Black Rock neighborhood, offering a mix of art galleries, live music, and restaurants.
- Near Delaware Park and Scajaquada Creek, providing access to trails and outdoor activities.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$1,090
Principal & Interest
$707Operating Expenses/mo
$382Short-Term Rental Impact
Estimated Payment$1,090
-Projected STR Revenue-$1,920
Net Payment Out-of-Pocket$0/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Two-unit property with potential for rental income
- •Upper unit has been recently updated
- •Located near Elmwood Village and Buffalo State University
- •Gross Yield is over 7% and Cap Rate is close to 6%
Considerations
- •Lower unit is partially gutted and requires renovation
- •Property taxes are $1,196 annually
- •Median sale price in Buffalo decreased by 7.8% compared to last year
- •No driveway
Due Diligence
- •Verify zoning compliance with the City of Buffalo to ensure short-term rentals are permitted.
- •Evaluate the cost of renovating the lower unit to determine potential return on investment.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
Upgrade to Pro to see how this property builds (or erodes) wealth and why.
Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
Medium Match
Short-Term
High Match
Living+STR
High Match
rental
High Match
House Hack
High Match
flip
Medium Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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