Duplex with Detached
101 David Avenue, Cheektowaga, NY 14225
For Sale
$239,900
Two apartments provide distinct three-bedroom and two-bedroom layouts, each with a living room, dining room, and kitchen.
Property Size1,808 SF
Days on Market11
Property Features for 101 David Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
HUNT Real Estate ERA
Listed By:
Md Nazmul Hussain · License #10401369637
(347) 968-4231
Source:
Highfallssir
Added: Oct 29
Changed: Nov 7
Last Checked: Nov 7 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HUNT Real Estate ERA
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1927, this duplex contains two apartments. The lower unit has three bedrooms, one full bathroom, a living room, dining room, and kitchen. Upstairs, the two-bedroom unit includes one full bathroom along with its own living room, dining room, and kitchen. A full basement and detached two-car garage add storage and parking space.
Shopping, restaurants, schools, and major highways are identified among the nearby amenities in Cheektowaga.
Shopping, restaurants, schools, and major highways are identified among the nearby amenities in Cheektowaga.
Key Highlights
- Two‑unit property with a three‑bedroom lower apartment and two‑bedroom upper apartment
- Each unit includes one full bathroom, a living room, dining room, and kitchen
- Detached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,625
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,500
$232.5K
Cap Rate 7%
$166,071
$166.1K
Cap Rate 9%
$129,167
$129.2K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$25.0K $13.80/SF
− Vacancy
−$8.3K −$4.61/SF
EGI
$16.6K $9.19/SF
− OpEx
−$5.0K −$2.76/SF
NOI
$11.6K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,500
Cap Rate 7%
$166,071
Cap Rate 9%
$129,167
Alternative Uses
Best Use
Multifamily LT 5
$166.1K
$145.3K – $193.8K
NOI $11,625 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$149.1K
$130.5K – $174.0K
NOI $10,439 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$395.2K
$345.8K – $461.1K
NOI $27,667 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
Explore this area
Business Placement
Demographics for 14225, NY
34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Erie County, NY
Properties on Market for Duplexes in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments provide distinct three-bedroom and two-bedroom layouts, each with a living room, dining room, and kitchen.
Where is this duplex located?
The property is located at 101 David Avenue Cheektowaga, NY.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit property with a three‑bedroom lower apartment and two‑bedroom upper apartment; Each unit includes one full bathroom, a living room, dining room, and kitchen; Detached 2‑car garage
