# 245 Allen Street, Buffalo, NY 14201

> **TL;DR:** single family, $600,000 ($72/sqft), built 1900, 8,375 sqft. Est. $2,600/mo. Listed 266 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $600,000 |
| Price/sqft | $72 |
| Square Feet | 8,375 |
| Year Built | 1900 |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 266 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,600 |
| **Total** | **$2,600** |

## Property Highlights

- Built in 1900
- 2 stories

## Description

### Agent Description
245 Allen Street is a 8,375 square foot, mixed-use building located at the corner of Allen Street and College Street in the heart of the Allentown Historic Preservation District just steps to the Buffalo Niagara Medical Campus. The entire first floor of the building operates as "Allen Street Hardware", an established restaurant and bar that has been in business for over 20 years. The bar is leased for $5,000/month with the leasee paying all utilities, there is also an apartment that is rented for an additional $600/month also not including utilities, making the gross yearly income of $67,200. Property taxes are paid by the owner/seller. The building includes a commercial sprinkler fire suppression system. The front of the second floor is used for restaurant storage while the rear of the second floor is where the apartment is located. The roof, utilities, and mechanics were updated in the last 10 years. full attic/full basement. The lease for the bar is for 5 years with an option for an additional 5 years and was initiated in 2022.

## Location

- **Address:** 245 Allen Street, Buffalo, NY 14201
- **County:** Erie
- **Coordinates:** 42.8997, -78.879237
- **Google Maps:** https://www.google.com/maps?q=42.8997,-78.879237

## Listing Agent

- **Name:** Carmelo A Parlato
- **Brokerage:** Gurney Becker & Bourne
- **Phone:** 7163352227
- **Email:** parlato.carmelo@gmail.com

## Primary Photo

![245 Allen Street - Primary Photo](http://lh.rdcpix.com/113bf32ddc0fa1987d38f5b601db2e0dl-f3837706694r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/245-allen-street-buffalo-ny-14201-b1623796)*

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**MLS#:** B1623796 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/245-allen-street-buffalo-ny-14201-b1623796)

---

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