Five-Unit Apartment
For Sale
$255,000
124 Lake Avenue, Buffalo, NY 14219
A five-apartment layout combines one- and two-bedroom units, each with a private kitchen, bathroom, and living area.
Property Size5,502 SF
Price / SF$46.35
Days on Market14
Property Features for 124 Lake Avenue
General Information
Standard status
Active
Size
5,502 SF
Property subtype
Multi Family Home
Units
Unit Mix
3 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,011
Building Details
Building Size
5,502 SF
Year Built
1909
Stories
2
Units
5
Listing Agency:
Gurney Becker & Bourne
(716) 849-1234
Listed By:
John C Brady · License #10401367903
(716) 392-0844
Source:
Gentryrealtyproperties
Added: Oct 12
Changed: Oct 23
Last Checked: Oct 23 at 3:34PM
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 Gurney Becker & Bourne
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Investment Insights
Based on property information with market context.
At 124 Lake Avenue, this 5,502-square-foot apartment building contains five separate residences: three one-bedroom, one-bathroom apartments and two two-bedroom, one-bathroom apartments. Each unit has its own kitchen, bathroom, and living space. The property was built in 1909 and retains original woodwork alongside varied interior finishes. Cosmetic work is needed in areas, allowing improvements to be addressed over time.
The building is in the Village of Blasdell, near restaurants, shopping, and major roadways, with access to the Southtowns and Buffalo area.
The building is in the Village of Blasdell, near restaurants, shopping, and major roadways, with access to the Southtowns and Buffalo area.
Key Highlights
- Five apartments: three 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
- 5,502 square feet
- Built in 1909
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
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Business Placement
Demographics for 14219, NY
11,593
Population
5,612
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
94%
High-School Grad
6.9 sq mi
ZIP Area
1,680
Density / Sq Mi
$75,465
Median Household Income
$45,957
Median Earnings
$928
Median Rent
$181,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - A five-apartment layout combines one- and two-bedroom units, each with a private kitchen, bathroom, and living area.
Where is this apartment building located?
The property is located at 124 Lake Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Five apartments: three 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; 5,502 square feet; Built in 1909
