Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    105 Griffith Street Buffalo, NY 14212

    View on Map
    Claim this Listing
    For Sale
    $228,000

    MULTI_FAMILY - Other - Buffalo, NY

    Property size:
    2,034 SF
    Lot size:
    0.17 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    46
    Last Refresh:
    Apr 11 at 9:06 pm

    Property Features for 105 Griffith Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 1, Bathroom 3, Basement, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1
    Interior features
    NaturalWoodwork
    Exterior features
    Awnings, PrivateYard
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    143001-113-290-0001-015-000
    Size
    2,034 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8893

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Vinyl, Varies, Laminate
    Building materials
    VinylSiding, CopperPlumbing, PexPlumbing
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Deborah L Schoenthal

    Listing agent Deborah L Schoenthal License #10401316127

    Listing office WNY Metro Roberts Realty 4721 Transit Road Suite 18, cheektowaga, NY

    Listing date Feb 24, 2026

    MLS# B1663686

    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.

    Overview

    Three-Unit Multifamily Property with Garage

    This three-unit multifamily property presents an investment opportunity, featuring a double lot, driveway for on-site parking, and a two-car garage. Appliances are included in each apartment. The front unit is a two-bedroom apartment with an eat-in kitchen, a living room, and newer floors. The rear lower unit is a studio, and the upper unit is a two-bedroom apartment with a large eat-in kitchen and living room. The property is currently rented, providing immediate income. Located close to neighborhood amenities, including Sloan Market, a neighborhood park, Galleria Mall, restaurants, and stores, this property combines space, functionality, and cash flow. The property size is 2034 square feet and the lot size is 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.791707
    Latitude
    42.893718

    Nearby Similar for Sale

    • $1,000,000
      11,760 SF

      Prime Commercial Investment Opportunity

      High-visibility commercial building with diversified income and strong upside potential.
      3435 Harlem Road, Buffalo, NY 14225
      View Details
    • $875,000
      8,357 SF

      Auto Repair Shop For Sale

      Turnkey auto repair shop with national tenant and high visibility.
      874 Niagara Falls Boulevard, Buffalo, NY 14223
      View Details
    • $629,900
      10,908 SF

      Turn-Key Restaurant with Warehouse

      Restaurant, renovated apartment, and warehouse for diverse income streams.
      898 Genesee Street, Buffalo, NY 14211
      View Details
    • $519,999
      6,119 SF

      Harlem Road Commercial Opportunity

      6,119 Sqft building on 0.62-acre lot in high-traffic location.
      1113- 1125 Harlem Road, Buffalo, NY 14227
      View Details
    • $599,900
      5,196 SF

      Two Buffalo Office Buildings

      Two professional office buildings with long-term tenants and flexible suites.
      932 French Road, Buffalo, NY 14227
      View Details
    • $519,999
      6,119 SF

      Harlem Road Commercial Opportunity

      High-traffic location suitable for office, retail, or mixed-use redevelopment.
      1113- 1125 Harlem Road, Buffalo, NY 14227
      View Details
    • $850,000
      17,254 SF

      Office Building in "AS IS" Condition

      Office property for sale in "AS IS" condition.
      200 MILITARY Road, Buffalo, NY 14207
      View Details
    • $410,000
      1,232 SF

      Turnkey Auto Repair Business

      Established auto repair and sales business with licenses.
      2617 Elmwood Avenue, Buffalo, NY 14217
      View Details
    • $649,900
      5,040 SF

      Solid Brick Four-Unit Apartment Building

      Four-unit building with income potential near amenities and major routes.
      476 Moselle Street, Buffalo, NY 14215
      View Details
    • $399,000
      4,620 SF

      Main Street Mixed-Use Investment

      High-visibility mixed-use property with income potential on Main Street.
      2290 Main Street, Buffalo, NY 14214
      View Details
    • $399,000
      2,893 SF

      North Buffalo Duplex in Parkside

      Classic 3/3 double in desirable Parkside neighborhood.
      1088 Parkside Avenue, Buffalo, NY 14214
      View Details
    • $315,900
      2,856 SF

      Stately Brick Double in Buffalo

      Spacious multi-unit property with classic architectural details and modern amenities.
      137 East Morris, Buffalo, NY 14214
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property with a double lot and two-car garage.
    Where is this triplex located?
    The property is located at 105 Griffith Street Buffalo, NY.
    What is the asking price?
    The asking price for this property is $228,000.
    What are key features of this property?
    This property features: Income‑producing 3‑unit property with immediate rental income; Double lot with driveway and 2‑car garage provides ample parking; Includes appliances in each apartment
    (716) 867-1511
    We can help!
    Listing Contact
    Deborah L Schoenthal
    Real Estate License ID: 10401316127
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!