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    Blasdell 5-Unit Residential Property Title is generated by Realmo AI

    93 Martin Avenue, Buffalo, NY 14219

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    Claim this Listing
    For Sale
    $339,900

    COMMERCIAL - Buffalo, NY

    Property size:
    2,458 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $138/SF
    Added:
    Oct 28, 2025
    Days on Market:
    230
    Last Refresh:
    Jun 14 at 4:06 am

    Property Features for 93 Martin Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Basement, Bedroom 2
    Parking features
    Garage
    Interior features
    CeilingFans, NaturalWoodwork
    Exterior features
    ConcreteDriveway, Fence
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    144801-151-610-0001-005-000
    Size
    2,458 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6555

    Utilities

    Heating system
    Natural Gas, Baseboard, Radiant
    Water source
    Public

    Building Details

    Year built
    1934
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Varies, Vinyl, Carpet
    Building materials
    AluminumSiding, Frame, CopperPlumbing
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Michael P Kearns

    Listing agent Michael P Kearns License #10301215173

    Listing office WNY Metro Roberts Realty 302 Buffalo Street, cheektowaga, NY

    Listing date Oct 28, 2025

    MLS# B1647559 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

    • 5‑unit residential property with one 3‑bedroom apartment, three 1‑bedroom units, and a rear 1‑bedroom cottage
    • Various updates completed across the units over the years
    • Ample off‑street parking with a concrete driveway plus lockable exterior storage shed
    • Covered front porch on the main 3‑bedroom apartment
    • Public water supply; gas water heater; copper plumbing; asphalt shingle roof
    • Heating includes natural gas with baseboard and radiant heat; aluminum siding exterior

    Overview

    This well-maintained 5-unit residential property is located in Blasdell. The main building features a spacious 3-bedroom apartment with a covered front porch and three 1-bedroom units. A rear cottage includes 1 bedroom, a living room, a kitchen, and a full bath. Various updates have been made to each unit over the years. The property provides ample off-street parking with a large driveway and a lockable exterior storage shed. This property, situated on a 0.132-acre lot, offers 2458 square feet of space and presents an opportunity for income generation or owner-occupancy.

    Local Financial Insights For Apartment 5plus

    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 $42.8k $17.40
    − Vacancy −$1.9k −$0.78
    EGI $40.8k $16.62
    − OpEx −$18.4k −$7.48
    NOI $22.5k $9.14
    2,458 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $320.9K
    $280.8K – $374.4K (±1% cap)
    NOI $22,465 @ 7.0% cap · market cap 6.61%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $591.1K
    $517.2K – $689.6K (±1% cap)
    NOI $41,377 @ 7.0% cap · market cap 12.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.831778
    Latitude
    42.793998

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit residential property in the heart of Blasdell.
    Where is this apartment building located?
    The property is located at 93 Martin Avenue 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: 5‑unit residential property with one 3‑bedroom apartment, three 1‑bedroom units, and a rear 1‑bedroom cottage; Various updates completed across the units over the years; Ample off‑street parking with a concrete driveway plus lockable exterior storage shed
    More about this property
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