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24 Unit Multi Family Apartment 1941 Hertel Ave

24 Unit Apartment Building $2,625,000 ($109,375/Unit) 7.05% Cap Rate Buffalo, NY 14214

Apartment Buildings New York Buffalo 1941 Hertel Ave, Buffalo, NY 14214

Executive Summary

22 Large 1 Bedroom Units Rents $850-$1000
2 Studios $750 avg
Seperate gas and electric meters
off street parking for 20+ cars
Add value opportunity great for 1031 exchanges

Property Facts

Price $2,625,000 Apartment Style Mid Rise
Price Per Unit $109,375 Building Class C
Sale Type Investment Lot Size 0.23 AC
Cap Rate 7.05% Building Size 25,800 SF
No. Units 24 No. Stories 3
Property Type Multifamily Year Built 1940
Property Subtype Apartment
Price $2,625,000
Price Per Unit $109,375
Sale Type Investment
Cap Rate 7.05%
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.23 AC
Building Size 25,800 SF
No. Stories 3
Year Built 1940

Unit Amenities

  • Refrigerator
  • Oven
1 of 1
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 140200-079-690-0001-003-000 Improvements Assessment $661,000
Land Assessment $95,000 Total Assessment $756,000

PROPERTY TAXES

Parcel Number
140200-079-690-0001-003-000
Land Assessment
$95,000
Improvements Assessment
$661,000
Total Assessment
$756,000

zoning

Zoning Code N-3R (The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods.)
N-3R (The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods.)
  • Mike Santa Maria
    Mike Santa Maria
  • Santa Maria Development, LLC
(716) 783-6920

  • Listing ID: 33042782

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 1941 Hertel Ave, Buffalo, NY 14214

More public record information on 1941 Hertel Ave, Buffalo, NY 14214

The Greater Buffalo Multifamily Property at 1941 Hertel Ave, Buffalo, NY 14214 is currently available. Contact Santa Maria Development, LLC for more information.

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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 1 of 5
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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 2 of 5
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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 3 of 5
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1941 Hertel Ave, Buffalo, NY for sale Building Photo- Image 4 of 5
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24 Unit Multi Family Apartment | 1941 Hertel Ave
(716) 783-6920 x

24 Unit Multi Family Apartment | 1941 Hertel Ave

Mike Santa Maria

(716) 783-6920

(716) 783-6920

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