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Mixed-Use Property with Apartments

1047 E Ferry Street, Buffalo, NY 14211

For Sale
$269,000

N-3R-zoned space includes two apartments alongside areas currently used for church functions.

Property Size5,555 SF
Price / SF$48.42
Days on Market34

Property Features for 1047 E Ferry Street

General Information

Standard status Active
Size 5,555 SF
Total Parking Spaces 15
Property subtype Commercial
Zoning N-3R

Site & Location

Neighborhood Mlk Park
Road Access Yes
Mixed-Use Components residential, commercial

Units

Unit Mix 1 x 4BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,702

Building Details

Building Size 5,555 SF
Year Built 1920
Buildings 1
Stories 2
Listing Agency: Buffalo First Realty Group Inc
Listed By: Samuel Smith
Source: Crownjulesrealty
Added: Oct 5 Changed: Nov 6 Last Checked: Nov 7 at 11:30AM

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 Buffalo First Realty Group Inc

Rey
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Investment Insights

Based on property information with market context.

The 1920 mixed-use property contains 5,555 square feet and includes two apartments in the main house: an upper-level four-bedroom, one-bath unit and a lower-level one-bedroom, one-bath unit. The main house also has a front fellowship hall, while a separate one-story section is currently used as a church. Two two-car garages are located at the rear. The property includes the connected vacant lot at 1051 East Ferry Street, with a combined lot area of more than 8,650 square feet.

The site is at 1047 E Ferry Street in Buffalo and is zoned N-3R. The fellowship hall and church-use area provide additional space alongside the existing residential units.

Key Highlights

  • Two apartments: upper unit has 4 bedrooms and 1 bath; lower unit has 1 bedroom and 1 bath
  • 5,555‑square‑foot mixed‑use property
  • Includes connected vacant lot at 1051 East Ferry Street

Property Analytics

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Current Use

New Beginnings Ministries ... Church

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby

Demographics for 14211, NY

26,449
Population
11,498
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
84%
High-School Grad
3.9 sq mi
ZIP Area
6,782
Density / Sq Mi
$34,490
Median Household Income
$30,705
Median Earnings
$1,008
Median Rent
$91,600
Median Home Value
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Market

Average Price Trend$/SF for Mixed-use properties in Buffalo, NY

$77.44 Jul
$76.56 Aug
$85.82 Sep
$81.32 Oct

Properties on Market for Mixed-use properties in Buffalo

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - N-3R-zoned space includes two apartments alongside areas currently used for church functions.
Where is this mixed-use property located?
The property is located at 1047 E Ferry Street Buffalo, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two apartments: upper unit has 4 bedrooms and 1 bath; lower unit has 1 bedroom and 1 bath; 5,555‑square‑foot mixed‑use property; Includes connected vacant lot at 1051 East Ferry Street
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