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Mixed-Use Property with Garage
New
For Sale
$199,999

1256 East Lovejoy Street, Buffalo, NY 14206

Three residential units accompany a lower-level area with alternate residential or storefront configurations.

Property Size3,267 SF
Days on Market7

Property Features for 1256 East Lovejoy Street

General Information

Standard status Active
Size 3,267 SF
Total Parking Spaces 2
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence requires repairs

Taxes and HOA fees

Annual Taxes $1,851

Building Details

Building Size 3,267 SF
Year Built 1880
Tenancy Multi
Listing Agency: Howard Hanna WNY Inc.
Listed By: Nicole Leistner · License #10401336404
Source: Highfallssir
Added: Sep 29 Changed: Oct 2 Last Checked: Oct 4 at 3:13PM

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 Howard Hanna WNY Inc.

Investment Insights

Based on property information with market context.

This vacant mixed-use building contains three residential units, a full basement, a walk-up attic and a two-car garage. The lower-level residence has three bedrooms, two full bathrooms and washer/dryer hookups; the two upper apartments each have two bedrooms and one full bathroom. A separate laundry room serves the upper units. The lower-level layout could be arranged as a larger residence, two apartments, or a storefront with an apartment. The property needs repairs. Improvements include a tear-off roof installed in 2016, several vinyl replacement windows and some updated flooring.

Key Highlights

  • Three residential units: one with 3 bedrooms and 2 full baths, plus two 2‑bedroom, 1‑bath apartments
  • Lower‑level layout supports a large residence, two apartments, or storefront with an apartment
  • Full basement, walk‑up attic and two‑car garage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Parking Lot & Garage Spa & Massage Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 14206, NY

21,706
Population
10,677
Households
2
Avg Household Size
38
Median Age
18%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
4,341
Density / Sq Mi
$46,842
Median Household Income
$38,379
Median Earnings
$886
Median Rent
$111,600
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

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 - Three residential units accompany a lower-level area with alternate residential or storefront configurations.
Where is this mixed-use property located?
The property is located at 1256 East Lovejoy Street Buffalo, NY.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Three residential units: one with 3 bedrooms and 2 full baths, plus two 2‑bedroom, 1‑bath apartments; Lower‑level layout supports a large residence, two apartments, or storefront with an apartment; Full basement, walk‑up attic and two‑car garage
More about this property
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