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Three-Story Mixed-Use Building
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1231 Hertel Ave, Buffalo, NY 14216

Brick property combining renovated apartments with two retail storefronts and upgraded building systems.

Property Size8,450 SF
Days on Market145

Property Features for 1231 Hertel Ave

General Information

Standard status Active
Size 8,450 SF
Property subtype Multifamily

Site & Location

Corner Location Yes
Road Access Yes

Units

Unit Mix 12 x 1BR
Multifamily Units 12

Amenities

new electrical services
high-efficiency boiler
four-camera security system
upgraded common areas with LVT flooring
new windows and insulation
LVT flooring
modern bathrooms
kitchens with stainless steel appliances

Building Details

Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Listed By: Robert Stewart · License #0000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:42AM

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 Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York

Investment Insights

Based on property information with market context.

This three-story brick mixed-use property contains 8,450 SF with 12 one-bedroom apartments and two storefronts occupied by established retail tenants. Ownership has renovated 10 of the 12 apartments and both storefronts, including replacement windows, added insulation, LVT flooring, updated bathrooms, and kitchens equipped with stainless steel appliances.

Building improvements include new electrical services, a high-efficiency boiler, four-camera security, and refreshed common areas with LVT flooring. The property is positioned near schools, Delaware Park, the Buffalo Zoo, the Peace Bridge, and the Canadian border, providing a combination of residential and retail space in North Buffalo.

Key Highlights

  • 8,450 SF three‑story brick mixed‑use building
  • 12 one‑bedroom apartments and two retail storefronts
  • Renovations completed in 10/12 apartments and both storefronts

Property Analytics

Current Use

Bodied Beauty Bar Hair Salon Diva Faces Hair Salon

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Daycare Center Law Firm Accounting Firm

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

12
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

Demographics for 14216, NY

22,979
Population
12,773
Households
1.8
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
8,207
Density / Sq Mi
$70,260
Median Household Income
$47,823
Median Earnings
$1,152
Median Rent
$260,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combining renovated apartments with two retail storefronts and upgraded building systems.
Where is this mixed-use property located?
The property is located at 1231 Hertel Ave Buffalo, NY.
What are key features of this property?
This property features: 8,450 SF three‑story brick mixed‑use building; 12 one‑bedroom apartments and two retail storefronts; Renovations completed in 10/12 apartments and both storefronts
More about this property
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