Mixed-Use Building with
New
For Sale
$249,900
1044 Grant Street, Buffalo, NY 14207
Residential, Buffalo, NY
Property Size2,436 SF
Lot Size0.04 Acres
Price / SF$102.59
Days on Market2
Property Features for 1044 Grant Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 1, Bedroom 3
Parking features
On Street
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Subdivision
Parish Tr
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Standard status
Active
APN
140200-088-270-0002-004-000
Size
2,436 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2580
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
full attic
partial basement
separate yard
Building Details
Year built
1905
Floors in Building
2
Number of units
1
Flooring type
Hardwood, Vinyl, Marble, Tile, Carpet, Varies
Building materials
VinylSiding
Roof type
Shingle
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
David Deynes · License #10401365470
(716) 705-1383
Added: Oct 16
Last Checked: Oct 17 at 2:06AM
MLS# B1722990
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.
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Investment Insights
Based on property information with market context.
This 2,436-square-foot mixed-use property has a street-level storefront, a three-bedroom apartment above, and a separate one-bedroom apartment. A full attic and partial basement provide additional storage. The 1905 building also includes a fenced yard and has vinyl siding, a shingle roof, and forced-air natural gas heat.
The property is on Grant Street in Buffalo, near dining and retail options on Chandler and Amherst streets, Wegmans, and Buffalo State University. Delaware Park, the Buffalo AKG Art Museum, and downtown Buffalo are also among the nearby destinations.
The property is on Grant Street in Buffalo, near dining and retail options on Chandler and Amherst streets, Wegmans, and Buffalo State University. Delaware Park, the Buffalo AKG Art Museum, and downtown Buffalo are also among the nearby destinations.
Key Highlights
- 2,436‑square‑foot mixed‑use property on a 0.0448‑acre lot
- Street‑level storefront with equipment negotiable
- Two apartments: one with three bedrooms and one with a single bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,263
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,260
$445.3K
Cap Rate 7%
$318,043
$318.0K
Cap Rate 9%
$247,367
$247.4K
Market Conditions
NOI Build-Up for 2,436 SF
Gross rent
$42.4K $17.40/SF
− Vacancy
−$1.9K −$0.78/SF
EGI
$40.5K $16.62/SF
− OpEx
−$18.2K −$7.48/SF
NOI
$22.3K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,260
Cap Rate 7%
$318,043
Cap Rate 9%
$247,367
Alternative Uses
Best Use
Mixed Use
$375.8K
$328.9K – $438.5K
NOI $26,309 @ 7.0% cap · market cap 10.53%
Second Best
Retail
$339.0K
$296.6K – $395.5K
NOI $23,728 @ 7.0% cap · market cap 9.49%
Theoretical Best
Office A
$585.8K
$512.6K – $683.5K
NOI $41,007 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 14207, NY
26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines ground-floor commercial space with two apartments, including a three-bedroom unit.
Where is this mixed-use property located?
The property is located at 1044 Grant Street Buffalo, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,436‑square‑foot mixed‑use property on a 0.0448‑acre lot; Street‑level storefront with equipment negotiable; Two apartments: one with three bedrooms and one with a single bedroom
