Brick Side-by-Side
1416 Borden Road, Depew, NY 14043
For Sale
New
$399,999
Residential, Depew, NY
Property Size3,240 SF
Lot Size0.37 Acres
Price / SF$123.46
Days on Market4
Property Features for 1416 Borden Road
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
MJ Peterson Real Estate Inc.
(716) 689-7800
Listed By:
Mark Hajnos · License NY #10401345045
(716) 909-6312
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
MLS# B1727969
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.
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Investment Insights
Based on property information with market context.
Built in 1990, this brick side-by-side duplex contains two residences, each arranged with three bedrooms, two full bathrooms, a living room, family room, formal dining room, and kitchen. Each unit also has its own entrance, driveway, garage, and basement, with utilities separately metered. One residence has updated carpeting and luxury vinyl plank flooring. The property includes a porch and sits on a 0.37-acre lot.
Reinstein Woods Nature Preserve is nearby, and shopping, dining, and other conveniences along Transit Road are a short drive away. The property is served by Depew schools.
Reinstein Woods Nature Preserve is nearby, and shopping, dining, and other conveniences along Transit Road are a short drive away. The property is served by Depew schools.
Key Highlights
- Two side‑by‑side residences, each with 3 bedrooms and 2 full bathrooms
- Separate entrance, driveway, garage, basement, and utility meters for each unit
- One residence features newer carpeting and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,832
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,640
$416.6K
Cap Rate 7%
$297,600
$297.6K
Cap Rate 9%
$231,467
$231.5K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$44.7K $13.80/SF
− Vacancy
−$15.0K −$4.61/SF
EGI
$29.8K $9.19/SF
− OpEx
−$8.9K −$2.76/SF
NOI
$20.8K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,640
Cap Rate 7%
$297,600
Cap Rate 9%
$231,467
Alternative Uses
Best Use
Multifamily LT 5
$297.6K
$260.4K – $347.2K
NOI $20,832 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$267.2K
$233.8K – $311.8K
NOI $18,707 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$708.3K
$619.8K – $826.3K
NOI $49,580 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 14043, NY
24,962
Population
11,743
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,743
Density / Sq Mi
$73,373
Median Household Income
$50,263
Median Earnings
$1,072
Median Rent
$192,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Erie County, NY
Properties on Market for Duplexes in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate entrances, driveways, garages, basements, and utility meters.
Where is this duplex located?
The property is located at 1416 Borden Road Depew, NY.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 3 bedrooms and 2 full bathrooms; Separate entrance, driveway, garage, basement, and utility meters for each unit; One residence features newer carpeting and luxury vinyl plank flooring
