333 North Drive Buffalo, NY 14216
MULTI_FAMILY - Other - Buffalo, NY
Property Features for 333 North Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 5
- Parking features
- Garage
- Patio and Porch features
- Porch, Deck, Patio
- Interior features
- CeilingFans, NaturalWoodwork, ProgrammableThermostat
- Exterior features
- Awnings, Balcony, Deck, FullyFenced, Patio
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-078-500-0002-044-000
- Size
- 2,398 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3498
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Varies, Hardwood
- Building materials
- Brick, VinylSiding, CopperPlumbing
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Joshua James License #10301210944 (716) 697-3280
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jul 2, 2026
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.
Outdoor space includes an inviting stamped concrete patio with a custom-built pergola, plus a fully fenced backyard. Updates cited include landscaping and paint for 2025–2026, a full tear-off roof with 50-year architectural shingles and new gutters in 2017, water heaters in 2021 and 2017, a high-efficiency Trane furnace in the lower unit (2022), a Rheem furnace in the upper unit (2013), and a detached two-car garage built in 2005.
The property is positioned in North Buffalo near Hertel Avenue and nearby attractions including Delaware Park and the Buffalo Zoo, as well as the Frank Lloyd Wright Martin House and Albright Knox Art Gallery.
Key Highlights
- 3/3 upper/lower double with two open‑concept rental units and period natural woodwork and elaborate trim
- Brick surround fireplace, refinished hardwood floors, and multiple bedrooms including 6 total bedrooms and 2 bathrooms
- Fully renovated kitchen on the main level with 42 in Alder hardwood cabinetry, soft‑close drawers, and tile backsplash
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 | $36.0k | $15.00 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $34.0k | $14.17 |
| − OpEx | −$10.2k | −$4.25 |
| NOI | $23.8k | $9.92 |
