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    1030 Elmwood Ave Buffalo, NY 14222

    For Sale
    $995,000

    Renovated 6-unit apartment building near Bidwell Park and SUNY.

    Property size:
    7,164 SF

    Property Features for 1030 Elmwood Ave

    General Information

    Size
    7,164 SF

    Building Details

    Year built
    1900

    Source: Joseph Farrauto Agent Joseph Farrauto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Apartment Building in Elmwood Village

    This is a renovated 6-unit apartment building featuring four three-bedroom units and two two-bedroom units with floor plans. The property is located in the Elmwood Village neighborhood of Buffalo, New York, near Bidwell Park, SUNY Buffalo State University, shopping, and expressways. Each apartment includes high-efficiency central air-conditioning and heating, energy-rated appliances, separate utilities, off-street parking, and a fire suppression system. The building has a new roof and balconies. The property size is 7164 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8774461
    Latitude
    42.925233

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    FAQs

    What type of property is this?
    Apartment building - Renovated 6-unit apartment building near Bidwell Park and SUNY.
    Where is this apartment building located?
    The property is located at 1030 Elmwood Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Fully renovated 6-unit apartment building - like new!; - Prime Elmwood Village location near Bidwell Park, SUNY Buffalo State University, shopping, and expressways.; - Features four large three-bedroom units and two 2-bedroom units.
    (716) 465-2063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1030 Elmwood Ave Buffalo, NY 14222
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