129 Albert Avenue, Buffalo, NY 14207
- Added:
- Jun 17, 2025
- Days on Market:
- 385
- Last Refresh:
- Jul 6 at 8:06 am
Property Features for 129 Albert Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Basement, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Patio and Porch features
- Patio
- Interior features
- CeilingFans
- Exterior features
- Balcony, FullyFenced, Patio
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-077-650-0004-003-000
- Size
- 1,628 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1149
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Varies, Vinyl, Tile, Hardwood
- Building materials
- VinylSiding, CopperPlumbing
- Architectural style
- Other
Listing agent Daniel J Demers License #10491205270 (888) 219-3009
Listing office Sell Your Homes Services, LLC 212 Ninth St., East Providence, NY (888) 219-3009
Listing date Jun 17, 2025
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.
HighLights
- 2/2 vinyl‑sided double with upper and lower units, plus attic and basement
- Vacant upper unit: freshly painted interior and carpeted living/dining rooms, plus porch
- Tenant‑occupied lower unit with spacious living room and hardwood‑floored dining area with stained‑glass windows
- Separate utilities for each unit; off‑street parking and fenced yard
- Built in 1920; forced‑air heating and gas water heater
- 2024 Rental Compliance Certification reported; FHA approval recently passed and property is back on the market
Overview
Local Financial Insights For Multifamily LT 5
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 | $24.4k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $23.1k | $14.17 |
| − OpEx | −$6.9k | −$4.25 |
| NOI | $16.2k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.897664
- Latitude
- 42.94983
