Multifamily Unit Portfolio
For Sale
Contact for pricing
Pending
333 Elmwood Ave, Buffalo, NY 14222
Portfolio includes 27 income units across Buffalo and Niagara Falls, with 16 units at 333 Elmwood Ave.
Property SizeContact for details
Days on Market143
Property Features for 333 Elmwood Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Park Realty of Wny
Listed By:
Khaing Naing · License #NY 10401251684
Source:
Crexi
Added: Apr 11
Changed: Aug 19
Last Checked: Aug 30 at 3:36PM
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 Park Realty of Wny
Investment Insights
Based on property information with market context.
This for-sale portfolio totals 27 residential income units across Buffalo and Niagara Falls. The Buffalo component includes 333 Elmwood Ave, a 16-unit building that was formerly built as a hotel. Seller-reported annual gross income is $216,234.00, with annual net income of $164,948.00.
Additional portfolio units are located in Niagara Falls across 4 properties (11 units total). Seller remarks note the Niagara Falls location is about 1.8 to 2.0 miles from Niagara Falls State Park and that more than 8 million visitors explore the park annually.
At 333 Elmwood Ave, the seller also notes the rear lot may support redevelopment of additional apartment building capacity. For full rent and expense details, the owner and listing agent are available to provide P&L statements.
Additional portfolio units are located in Niagara Falls across 4 properties (11 units total). Seller remarks note the Niagara Falls location is about 1.8 to 2.0 miles from Niagara Falls State Park and that more than 8 million visitors explore the park annually.
At 333 Elmwood Ave, the seller also notes the rear lot may support redevelopment of additional apartment building capacity. For full rent and expense details, the owner and listing agent are available to provide P&L statements.
Key Highlights
- 27‑unit income portfolio across Buffalo and Niagara Falls
- Annual gross income: $216,234; annual net income: $164,948
- 333 Elmwood Ave features 16 units; former hotel building with walkable amenities nearby
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,430
Businesses Nearby
Explore this area
Business Placement
Demographics for 14222, NY
13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes 27 income units across Buffalo and Niagara Falls, with 16 units at 333 Elmwood Ave.
Where is this apartment building located?
The property is located at 333 Elmwood Ave Buffalo, NY.
What are key features of this property?
This property features: 27‑unit income portfolio across Buffalo and Niagara Falls; Annual gross income: $216,234; annual net income: $164,948; 333 Elmwood Ave features 16 units; former hotel building with walkable amenities nearby
