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28-Unit Apartment Building
For Sale
Contact for pricing
Pending

2118 Delaware Ave, Buffalo, NY 14216

The property offers a mix of one-bedroom apartments and studio units near shops, restaurants, and public transportation.

Property SizeContact for details
Days on Market485

Property Features for 2118 Delaware Ave

General Information

Standard status Pending
Class B
Property subtype Multifamily
Occupancy 95%
Investment Type Value Add

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 17 x 1BR, 11 x studio
Multifamily Units 28

Building Details

Buildings 1
Stories 4
Units 28
Listing Agency: Greco Real Estate
Listed By: Chris Greco · License #10491210541
Source: Crexi
Added: May 7, 2025 Changed: Aug 31 Last Checked: Aug 31 at 6:47PM

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 Greco Real Estate

Investment Insights

Based on property information with market context.

This 28-unit apartment building includes 17 one-bedroom apartments and 11 studio apartments. A high-efficiency boiler system was installed in 2024, and rooftop solar panels are part of the property’s utility infrastructure. The building does not include off-street parking.

The property is located on Delaware Avenue in Buffalo’s North Buffalo area, within walking distance of Hertel Avenue shops and restaurants. Public transportation is also nearby, providing access to neighborhood and city destinations.

The unit mix combines larger one-bedroom layouts with compact studio apartments, creating a varied residential offering within a single multifamily asset.

Key Highlights

  • 28 total units: 17 one‑bedroom apartments and 11 studios
  • High‑efficiency boiler installed in 2024
  • Rooftop solar panels included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Daycare Center Plumbing Service Home Appliance Store (Bike/Boat/Book/etc) Store

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

28
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

903
Businesses Nearby

Demographics for 14216, NY

22,979
Population
12,773
Households
1.8
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
8,207
Density / Sq Mi
$70,260
Median Household Income
$47,823
Median Earnings
$1,152
Median Rent
$260,700
Median Home Value

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?
Apartment building - The property offers a mix of one-bedroom apartments and studio units near shops, restaurants, and public transportation.
Where is this apartment building located?
The property is located at 2118 Delaware Ave Buffalo, NY.
What are key features of this property?
This property features: 28 total units: 17 one‑bedroom apartments and 11 studios; High‑efficiency boiler installed in 2024; Rooftop solar panels included
(716) 570-7600 Call to check price and availability
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