Rebuilt Rooming House with
829 Fillmore Avenue, Buffalo, NY 14212
MULTI_FAMILY - Buffalo, NY
Property size:
7,255 SFLot size:
0.08 AcresPrice / SF:
$103/SF- Added:
- Feb 11, 2026
- Days on Market:
- 100
- Last Refresh:
- May 22 at 10:06 am
Property Features for 829 Fillmore Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Rooms
- Basement, Bedroom 1
- Parking features
- Driveway, Garage
- Exterior features
- ConcreteDriveway
- Standard status
- Active
- APN
- 140200-111-280-0004-016-000
- Size
- 7,255 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2318
Utilities
- Heating system
- Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 1
- Flooring type
- Varies, Vinyl, Tile, Hardwood
- Building materials
- CompositeSiding, VinylSiding
- Roof type
- Shingle
Listing agent Taya Lockwood License #10401363542 (716) 392-8968
Listing office Gurney Becker & Bourne 976 Delaware Ave, Buffalo, NY (716) 849-1234
Listing date Feb 11, 2026
MLS# B1660841
Listing URL
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
- Priced at a 15% cap rate with detailed income and expense sheet available.
- Completely rebuilt in 2018 with newer utility systems, roof, and redesigned floorplan.
- 38 rooms plus a 1‑bedroom apartment.
- Current certificate of occupancy and rooming house licensure in good standing; management can be transferred.
- Equipped with a sprinkler (fire suppression) system.
- Three newer boilers (one per floor) with multiple zones and newer electrical system with individual room circuit breakers.
Overview
The property at 829 Fillmore Avenue in Buffalo, NY, is a completely rebuilt rooming house featuring 38 rooms, 5.5 bathrooms, and one 1-bedroom apartment. The entire building was renovated in 2018, including a rebuilt roof and redesigned floor plan. Newer utility systems and a sprinkler system (fire suppression system) were installed. There are 3 newer boilers, one for each floor, with multiple zones. The electrical service, panels, and wiring are all newer, with each floor having its own subpanel and each room having its own circuit breaker. The building has a current certificate of occupancy, and the rooming house licensure is in good standing. The property includes coin-operated laundry in the basement. The building size is 7,255 square feet and the lot size is 0.0845 acres. Management can be transferred. The property is a meticulously maintained asset.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$736.7K
NOI $66,306 @ 9.00% cap · cautious / downside scenario
Moderate
$947.2K
NOI $66,306 @ 7.00% cap · market / base-case scenario
Aggressive
$1.33M
NOI $66,306 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.2k | $17.40 |
| − Vacancy | −$5.7k | −$0.78 |
| EGI | $120.6k | $16.62 |
| − OpEx | −$54.3k | −$7.48 |
| NOI | $66.3k | $9.14 |
7,255 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$947.2K
$828.8K – $1.11M
NOI $66,306 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.53M – $2.04M
NOI $122,128 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Buffalo Amazon 5
Industrial Manufacturer
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.838885
- Latitude
- 42.895913
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Completely renovated rooming house with apartment and modern amenities.
Where is this apartment building located?
The property is located at 829 Fillmore Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Priced at a **15% cap rate** with detailed income and expense sheet available.; **Completely rebuilt in 2018** with newer utility systems, roof, and redesigned floorplan.; 38 rooms plus a 1‑bedroom apartment.
