Updated Mixed-Use Investment
2342 Seneca Street, Buffalo, NY 14210
SINGLE_FAMILY - Buffalo, NY
Type:Office
Property size:
7,748 SFLot size:
0.17 AcresPrice / SF:
$58/SF- Added:
- Jan 7, 2026
- Days on Market:
- 138
- Last Refresh:
- May 25 at 10:06 pm
Property Features for 2342 Seneca Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- N-3C
- Rooms
- Basement
- Standard status
- Active
- APN
- 140200-133-350-0003-054-100
- Size
- 7,748 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5733
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Hardwood, Vinyl, Linoleum, Varies
- Roof type
- Asphalt
Listing agent Jennifer R Goetz License #10301223110 (716) 316-6664
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jan 7, 2026
MLS# B1656513
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.
HighLights
- High Income Potential: Current gross rental income over $55,000/year. Projected income at market value rents is $69,600/year.
- Fully Renovated within the past 10 years including new roof, windows, mechanicals, kitchens, bathrooms, flooring, facade, and siding.
- Property includes two separate buildings, each with a storefront and an updated 3‑bed, 1‑bath apartment above.
- Each apartment features the convenience of in‑unit laundry.
- Prime Location: Directly across the street from Cazenovia Park and situated in the vibrant Seneca Street shopping district.
- Updated Apartments: Upper apartment units have been updated and each contain 3 beds and 1 bath.
Overview
This updated mixed-use property features two buildings, each containing a storefront and an updated apartment above. The property is located directly across the street from Cazenovia Park, offering curb appeal suitable for the Seneca Street shopping district. The property currently has a 6.42% cap rate and generates over $55,000 per year in gross rental income. With market value rents, the projected annual gross income is estimated to be $69,600, resulting in an 8.58% cap rate. Each upper apartment unit includes 3 beds, 1 bath, and in-unit laundry. The storefronts each have 1 bathroom and additional storage. Within the past 10 years, the seller has fully renovated the buildings, including a new roof, windows, all mechanicals (HVAC, electrical, and plumbing), kitchens and bathrooms, flooring, exterior facade, and siding. The property, located in Buffalo, NY, has a lot size of 0.168 acres and a property size of 7748 square feet. The zoning is N-3C. The property is intended for use as a residential income property, retail property, and commercial real estate. The storefronts can be shown during the store's operating hours, apartments require 24 hour notice, but 48 hours is preferred.
Property Profile
Location Intelligence
Current Use by Public Records
Nickel City Thrift ...
Discount Store
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.80319
- Latitude
- 42.850016
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Updated mixed-use property near Cazenovia Park with high income potential.
Where is this mixed-use property located?
The property is located at 2342 Seneca Street Buffalo, NY.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: High Income Potential: Current gross rental income over $55,000/year. Projected income at market value rents is $69,600/year.; **Fully Renovated** within the past 10 years including new roof, windows, mechanicals, kitchens, bathrooms, flooring, facade, and siding.; Property includes **two separate buildings**, each with a storefront and an updated 3‑bed, 1‑bath apartment above.
