Updated Two-Bedroom
126 Hertel Avenue Buffalo, NY 14207
126 Hertel Avenue, Buffalo, NY, 14207
$234,900
For Sale
$234,900
Updated multifamily with two-bedroom units, new flooring, and a walk-up attic, plus separate utilities and newer hot water tanks.
Property Size2,304 SF
Price / SF$101.95
Days on Market83
Property Features for 126 Hertel Avenue
General Information
- Standard status
- Active
- Size
- 2,304 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1950
Listing agency
Atlas Realty Trading Co LLC
(716) 868-8372
Listed by
Tamara Mears
Source
Xome
Added: May 2 Updated: Jul 22 at 5:24PM Checked: Jul 22 at 5:24PM
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 Atlas Realty Trading Co LLC
Investment Insights
Based on property information with market context.
This updated multifamily property features two-bedroom units with new flooring throughout and a walk-up attic that can be used for storage or potential expansion. The home is set up with separate utilities and includes newer hot water tanks.
Additional exterior features include a large driveway and a detached three-bay garage, all situated on a generous lot.
For sale at 126 Hertel Avenue in Buffalo, the configuration offers a practical combination of updated interiors and supporting onsite parking and storage.
Additional exterior features include a large driveway and a detached three-bay garage, all situated on a generous lot.
For sale at 126 Hertel Avenue in Buffalo, the configuration offers a practical combination of updated interiors and supporting onsite parking and storage.
Key Highlights
- Updated multifamily featuring two‑bedroom units with new flooring throughout
- Walk‑up attic provides storage and potential expansion
- Separate utilities and newer hot water tanks
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.1k | $17.40 |
| − Vacancy | −$1.8k | −$0.78 |
| EGI | $38.3k | $16.62 |
| − OpEx | −$17.2k | −$7.48 |
| NOI | $21.1k | $9.14 |
2,304 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$300.8K
$263.2K – $351.0K
NOI $21,057 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.1K
$484.8K – $646.4K
NOI $38,785 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Updated multifamily with two-bedroom units, new flooring, and a walk-up attic, plus separate utilities and newer hot water tanks.
Where is this multifamily property located?
The property is located at 126 Hertel Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Updated multifamily featuring two‑bedroom units with new flooring throughout; Walk‑up attic provides storage and potential expansion; Separate utilities and newer hot water tanks
