2-Unit Duplex with Attached
For Sale
$679,900
1436 Seneca Creek Road, West Seneca, NY 14224
Both residences include private basements, decks, and attached 2.5-car garages.
Property Size3,174 SF
Days on Market8
Property Features for 1436 Seneca Creek Road
General Information
Standard status
Active
Size
3,174 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Parking per Unit
2.5
Taxes and HOA fees
Annual Taxes
$16,834
Building Details
Building Size
3,174 SF
Year Built
2020
Buildings
1
Listing Agency:
Howard Hanna WNY Inc.
Listed By:
Bonnie B Jakubczak · License #30JA0639691
(716) 861-9688
Source:
Highfallssir
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 28 at 1:48PM
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 Howard Hanna WNY Inc.
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Investment Insights
Based on property information with market context.
Built in 2020, this duplex contains two residences, each with 3 bedrooms and 2.5 bathrooms. Open layouts connect the living areas with kitchens featuring stainless steel appliances, granite counters, and islands. Each primary suite has a private bathroom and walk-in closet, and laundry is located on the second floor with a washer and dryer in each residence.
Both units have full basements with egress windows, attached 2.5-car garages, and sliding doors that open to individual decks. Shopping, dining, and everyday services are nearby.
Both units have full basements with egress windows, attached 2.5-car garages, and sliding doors that open to individual decks. Shopping, dining, and everyday services are nearby.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- Built in 2020
- Kitchens feature stainless steel appliances, granite countertops, and islands
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,494
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,880
$629.9K
Cap Rate 7%
$449,914
$449.9K
Cap Rate 9%
$349,933
$349.9K
Market Conditions
NOI Build-Up for 3,174 SF
Gross rent
$47.6K $15.00/SF
− Vacancy
−$2.6K −$0.83/SF
EGI
$45.0K $14.17/SF
− OpEx
−$13.5K −$4.25/SF
NOI
$31.5K $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%
$629,880
Cap Rate 7%
$449,914
Cap Rate 9%
$349,933
Alternative Uses
Best Use
Multifamily LT 5
$449.9K
$393.7K – $524.9K
NOI $31,494 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$414.4K
$362.6K – $483.5K
NOI $29,008 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$763.3K
$667.9K – $890.5K
NOI $53,430 @ 7.0% cap · market cap 7.86%
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
182
Businesses Nearby
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Business Placement
Demographics for 14224, NY
40,736
Population
19,286
Households
2.1
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$76,250
Median Household Income
$49,824
Median Earnings
$1,077
Median Rent
$219,800
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 - Both residences include private basements, decks, and attached 2.5-car garages.
Where is this duplex located?
The property is located at 1436 Seneca Creek Road West Seneca, NY.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; Built in 2020; Kitchens feature stainless steel appliances, granite countertops, and islands
