Search
5-Unit Apartment Building
New
For Sale
$255,000

124 Lake Avenue, Buffalo, NY 14219

MultiFamily, Buffalo, NY

Property Size5,502 SF
Lot Size0.13 Acres
Price / SF$46.35
Days on Market1

Property Features for 124 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Rooms Basement, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Parking features Driveway, Garage
Appliances AppliancesNegotiable, GasCooktop, GasWaterHeater, Refrigerator
Subdivision Buffalo Crk Reservation
Lot features Rectangular, Rectangular Lot
Elementary school district Frontier
Middle school district Frontier
High school district Frontier
Standard status Active
APN 144801-151-610-0002-007-000
Size 5,502 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 5011

Utilities

Heating system Natural Gas, Radiant
Water source Public

Building Details

Year built 1909
Floors in Building 2
Number of units 5
Flooring type Hardwood, Tile, Vinyl, Varies
Building materials Brick, WoodSiding
Roof type Asphalt
Listing Agency: Gurney Becker & Bourne
Listed By: John C Brady · License #10401367903
Added: Oct 12 Last Checked: Oct 12 at 9:06PM
MLS# B1721801

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,502-square-foot apartment building contains five units: three with one bedroom and one bath, and two with two bedrooms and one bath. Each apartment has its own kitchen, bathroom, and living area. Interior details include original woodwork and a range of finishes. The property was built in 1909 and occupies a 0.132-acre lot.

Brick and wood siding, a driveway, and a garage are among the property’s features. The building is served by public water and has natural gas radiant heat.

Key Highlights

  • Five apartments: three 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
  • 5,502 square feet of building area
  • 0.132‑acre lot

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Electrical Service Parking Lot & Garage Dental Office 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments feature individual kitchens, bathrooms, and living areas across one- and two-bedroom floor plans.
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 of building area; 0.132‑acre lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again