Two-Unit Home with Four-Car
For Sale
$177,900
293 Halstead Ave, Cheektowaga, NY 14212
Two-unit property featuring modern kitchens, first-floor laundry, and a garage.
Property Size1,980 SF
Lot Size0.17 Acres
Days on Market314
Property Features for 293 Halstead Ave
General Information
Standard status
Active
Size
1,980 SF
Lot size
0.17 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,828
Building Details
Building Size
1,980 SF
Year Built
1900
Stories
2
Units
2
Listed By:
Annabelle A Aquilina
(716) 432-0331
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 26
Last Checked: Oct 5 at 7:48PM
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 Annabelle A Aquilina
Investment Insights
Based on property information with market context.
This two-unit residential property features two bedrooms and two bathrooms in each unit. Situated on a double lot, the property includes a four-car garage and a shed. Each unit offers modern eat-in kitchens, first-floor laundry facilities, central air conditioning, and spacious living rooms. Many appliances are included with the property. Both the front and rear units span two floors. Ring doorbells are installed on each unit. The property is suitable for investment or owner-occupancy and could serve as an in-law setup.
Key Highlights
- Two separate units, each with 2 bedrooms and 2 bathrooms, ideal for investment or owner‑occupancy.
- Double lot with a 4‑car garage and shed, providing ample parking and storage.
- Each unit features modern eat‑in kitchens, central air conditioning, and first‑floor laundry for convenience.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,731
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,620
$254.6K
Cap Rate 7%
$181,871
$181.9K
Cap Rate 9%
$141,456
$141.5K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$27.3K $13.80/SF
− Vacancy
−$9.1K −$4.61/SF
EGI
$18.2K $9.19/SF
− OpEx
−$5.5K −$2.76/SF
NOI
$12.7K $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%
$254,620
Cap Rate 7%
$181,871
Cap Rate 9%
$141,456
Alternative Uses
Best Use
Multifamily LT 5
$181.9K
$159.1K – $212.2K
NOI $12,731 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$163.3K
$142.9K – $190.5K
NOI $11,432 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$432.8K
$378.7K – $505.0K
NOI $30,299 @ 7.0% cap · market cap 17.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 14212, NY
13,533
Population
5,935
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
2.1 sq mi
ZIP Area
6,444
Density / Sq Mi
$35,517
Median Household Income
$26,545
Median Earnings
$829
Median Rent
$89,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property featuring modern kitchens, first-floor laundry, and a garage.
Where is this duplex located?
The property is located at 293 Halstead Ave Cheektowaga, NY.
What is the asking price?
The asking price for this property is $177,900.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 2 bathrooms, ideal for investment or owner‑occupancy.; Double lot with a **4‑car garage and shed**, providing ample parking and storage.; Each unit features **modern eat‑in kitchens**, central air conditioning, and first‑floor laundry for convenience.
