Side-by-Side
New
For Sale
$349,000
1433 Como Park Boulevard, Cheektowaga, NY 14043
Each residence has independent utilities, a private entrance, basement access, and a matching two-level layout.
Property Size2,226 SF
Days on Market3
Property Features for 1433 Como Park Boulevard
General Information
Standard status
Active
Size
2,226 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,959
Amenities
central A/C
laundry hookups
fenced backyard
storage shed
deck
fiber optic internet
Building Details
Building Size
2,226 SF
Year Built
1988
Listing Agency:
Own NY Real Estate LLC
Listed By:
Rachel Corcoran · License #10401328369
(716) 462-9233
Source:
Highfallssir
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:14AM
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 Own NY Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1988 duplex contains two side-by-side residences, each with its own entrance, utilities, and basement access. Both units share a matching layout: an eat-in kitchen, living room, and half bath on the main floor, with two bedrooms and a full bath upstairs. Central A/C, a newer furnace, hot water tank, laundry hookups, and sump pump are provided in each unit. Property improvements include Pergo vinyl flooring, new windows, screen doors, and a replacement fence gate. The right-side kitchen also has a Samsung French-door smart refrigerator.
Outside, the property features a fenced backyard, storage shed, turnaround driveway resealed in 2026, and a rear deck with new flooring installed in 2023. Greenlight fiber optic internet is available. The property is in the Depew School District. The left unit is vacant; the right unit is owner occupied.
Outside, the property features a fenced backyard, storage shed, turnaround driveway resealed in 2026, and a rear deck with new flooring installed in 2023. Greenlight fiber optic internet is available. The property is in the Depew School District. The left unit is vacant; the right unit is owner occupied.
Key Highlights
- Two side‑by‑side units, each with two bedrooms and 1.5 baths
- Separate entrances, utilities, and basement access for each unit
- Central A/C, newer furnace, hot water tank, laundry hookups, and sump pump in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,313
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,260
$286.3K
Cap Rate 7%
$204,471
$204.5K
Cap Rate 9%
$159,033
$159.0K
Market Conditions
NOI Build-Up for 2,226 SF
Gross rent
$30.7K $13.80/SF
− Vacancy
−$10.3K −$4.61/SF
EGI
$20.4K $9.19/SF
− OpEx
−$6.1K −$2.76/SF
NOI
$14.3K $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%
$286,260
Cap Rate 7%
$204,471
Cap Rate 9%
$159,033
Alternative Uses
Best Use
Multifamily LT 5
$204.5K
$178.9K – $238.6K
NOI $14,313 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$183.6K
$160.7K – $214.2K
NOI $12,852 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$486.6K
$425.8K – $567.7K
NOI $34,063 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
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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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has independent utilities, a private entrance, basement access, and a matching two-level layout.
Where is this duplex located?
The property is located at 1433 Como Park Boulevard Cheektowaga, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with two bedrooms and 1.5 baths; Separate entrances, utilities, and basement access for each unit; Central A/C, newer furnace, hot water tank, laundry hookups, and sump pump in both units
