129 Albert Avenue Buffalo, NY 14207
MULTI_FAMILY - Other - Buffalo, NY
- Added:
- Jun 17, 2025
- Days on Market:
- 390
- Last Refresh:
- Jul 11 at 11:06 am
Property Features for 129 Albert Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
- Patio and Porch features
- Patio
- Interior features
- CeilingFans
- Exterior features
- Balcony, FullyFenced, Patio
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-077-650-0004-003-000
- Size
- 1,628 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1149
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Tile, Laminate, Hardwood, Vinyl, Varies
- Building materials
- VinylSiding, CopperPlumbing
- Architectural style
- Other
Listing agent Daniel J Demers License #10491205270 (888) 219-3009
Listing office Sell Your Homes Services, LLC 212 Ninth St., East Providence, NY (888) 219-3009
Listing date Jun 17, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- 2/2 vinyl‑sided double with upper (vacant) and lower (tenant‑occupied) units
- Vacant upper unit: freshly painted interior and carpeted living/dining rooms
- Updated lower unit features hardwood‑floored dining with stained‑glass windows and an eat‑in kitchen
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $23.1k | $14.17 |
| − OpEx | −$6.9k | −$4.25 |
| NOI | $16.2k | $9.92 |
