Duplex with Two-Story Upper
New
For Sale
$500,000
66 Ardmore Pl, Buffalo, NY 14213
The upper residence has a finished third floor with vaulted ceilings, skylights, and a family room.
Property Size3,894 SF
Price / SF$128.40
Days on Market2
Property Features for 66 Ardmore Pl
General Information
Standard status
Active
Size
3,894 SF
Property subtype
Multi-Family
Additional Details
Road Access
Yes
Sprinkler System
Yes
Multifamily Units
2
Amenities
walk-out porches
hardwood floors
leaded glass windows
original oak casing & molding
fully applianced
finished 3rd floor with vaulted ceilings and skylights
jetted soaking tub
walk-in shower
fully fenced private backyard
concrete driveway
Building Details
Year Built
1900
Buildings
1
Listing Agency:
HUNT Real Estate ERA
Listed By:
Robert L Blake · License #10301206206
(716) 883-2200
Source:
Skinnercnyrealty
Added: Oct 7
Last Checked: Oct 7 at 12:11PM
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 HUNT Real Estate ERA
Investment Insights
Based on property information with market context.
This two-family property, built in 1900, includes a two-story upper residence with a finished third floor. That level features vaulted ceilings, skylights, and a family room, along with a full bathroom with a jetted tub and walk-in shower. Both residences have foyers, porches, hardwood floors, leaded glass windows, and open floor plans. Kitchen and bath updates, appliances, laundry machines, and maintained mechanical systems are also noted. The property includes a sprinkler system, concrete driveway, and fenced backyard.
The home is on Ardmore Place in Buffalo’s Elmwood Village, at the foot of Bidwell Park. The listing notes nearby shops and restaurants, as well as access to downtown, Buffalo State University, Canisius University, the Medical Campus, and Delaware Park.
The home is on Ardmore Place in Buffalo’s Elmwood Village, at the foot of Bidwell Park. The listing notes nearby shops and restaurants, as well as access to downtown, Buffalo State University, Canisius University, the Medical Campus, and Delaware Park.
Key Highlights
- Two‑family property with a legally designated two‑story upper residence
- Finished third floor with vaulted ceilings, skylights, and a family room
- Upper unit includes a full bath with jetted tub and walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,638
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,760
$772.8K
Cap Rate 7%
$551,971
$552.0K
Cap Rate 9%
$429,311
$429.3K
Market Conditions
NOI Build-Up for 3,894 SF
Gross rent
$58.4K $15.00/SF
− Vacancy
−$3.2K −$0.83/SF
EGI
$55.2K $14.17/SF
− OpEx
−$16.6K −$4.25/SF
NOI
$38.6K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,760
Cap Rate 7%
$551,971
Cap Rate 9%
$429,311
Alternative Uses
Best Use
Multifamily LT 5
$552.0K
$483.0K – $644.0K
NOI $38,638 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$508.4K
$444.9K – $593.2K
NOI $35,589 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$936.4K
$819.4K – $1.09M
NOI $65,550 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Explore this area
Business Placement
Demographics for 14213, NY
25,834
Population
11,397
Households
2.3
Avg Household Size
30
Median Age
36%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
13,597
Density / Sq Mi
$52,597
Median Household Income
$36,084
Median Earnings
$1,059
Median Rent
$192,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The upper residence has a finished third floor with vaulted ceilings, skylights, and a family room.
Where is this duplex located?
The property is located at 66 Ardmore Pl Buffalo, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑family property with a legally designated two‑story upper residence; Finished third floor with vaulted ceilings, skylights, and a family room; Upper unit includes a full bath with jetted tub and walk‑in shower
