Allentown Duplex with Modern
13 Mariner Street Buffalo, NY 14201
For Sale
$339,900
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,645 SF
Lot Size0.04 Acres
Days on Market98
Property Features for 13 Mariner Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Basement, Bedroom 3
- Window features
- Skylight(s)
- Patio and Porch features
- Deck, Patio
- Interior features
- CeilingFans, Skylights, NaturalWoodwork
- Exterior features
- Deck, FullyFenced, Patio
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-111-210-0003-002-000
- Size
- 1,645 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3570
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies, Tile, Hardwood
- Building materials
- AtticCrawlHatchwaysInsulated, WoodSiding, CopperPlumbing
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency:
Gurney Becker & Bourne
(716) 849-1234
Listed By:
Carmelo A Parlato · License #10401209029
(716) 335-2227
Added: Apr 17
Changed: Jul 10
Last Checked: Jul 23 at 4:06PM
MLS# B1674155
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.
Located in the Allentown Historic Preservation District, 13 Mariner is a two-unit property featuring a driveway. Each unit includes 2 bedrooms, one full bath, in-unit laundry, and front and rear outdoor space. The 1,645 square-foot building has been remodeled in the last 12 years, including furnaces and ducts, hot water tanks and plumbing, electric panels and wiring, kitchens, bathrooms, flooring and fixtures, appliances, and a sewer trap. The roof was fully replaced with 50-year architectural shingles. Utilities are separated for each unit. The property includes a clean and dry full basement. The units are laid out nicely and flow well with lots of natural light and spacious bedrooms. Situated on a 0.0448-acre lot, the property is within walking distance to the Medical Campus, Elmwood Village, and Downtown. Both units are currently rented.
Key Highlights
- Two‑unit property built in 1905, with 2 bedrooms and 1 full bath per unit
- Each unit features in‑unit laundry and separate utilities
- Remodeled within the last 12 years: furnaces/ducts, hot water tanks and plumbing, electric panels and wiring, kitchens and bathrooms
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 | $24.7k | $15.00 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $23.3k | $14.17 |
| − OpEx | −$7.0k | −$4.25 |
| NOI | $16.3k | $9.92 |
1,645 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.2K
$204.0K – $272.1K
NOI $16,323 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$214.8K
$187.9K – $250.6K
NOI $15,034 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$395.6K
$346.1K – $461.5K
NOI $27,691 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit property in Allentown Historic District, fully remodeled.
Where is this duplex located?
The property is located at 13 Mariner Street Buffalo, NY.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Two‑unit property built in 1905, with 2 bedrooms and 1 full bath per unit; Each unit features in‑unit laundry and separate utilities; Remodeled within the last 12 years: furnaces/ducts, hot water tanks and plumbing, electric panels and wiring, kitchens and bathrooms
