153 Ideal Street, Buffalo, NY 14206
MULTI_FAMILY - Buffalo, NY
- Added:
- Jun 18, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 5 at 10:06 pm
Property Features for 153 Ideal Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 5
- Appliances
- ElectricWaterHeater, GasWaterHeater, WaterHeater
- Standard status
- Active
- APN
- 140200-112-500-0003-036-000
- Size
- 2,390 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2400
Utilities
- Heating system
- Forced Air, Electric (Heating), Space Heater, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies, Hardwood, Tile
- Building materials
- Frame, VinylSiding
Listing agent Md Nabi Islam License #10401400344 (646) 410-6786
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jun 18, 2026
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.
HighLights
- Two detached homes on one parcel with a single tax bill and one flat water bill for simplified ownership
- Front house: 4 bedrooms, 2 full bathrooms, bright living room, formal dining room, and large kitchen
- Rear house: 4 bedrooms, 1.5 bathrooms, living/dining areas, and a full kitchen
- Updates completed in 2026: new gas line, new water line, new insulation, new windows, and fully renovated bathrooms plus updated kitchens
- Modern upgrades include new flooring and modern lighting fixtures throughout both homes
- Open houses: Sat, July 4 (3:00 PM–6:00 PM) and Sun, July 5 (3:00 PM–6:00 PM)
Overview
Recent updates completed in 2026 include brand-new gas and water lines, new insulation throughout, new windows, updated flooring, and fully renovated bathrooms and kitchens in both homes. Modern lighting fixtures were also added throughout. The property is structured with a single tax bill and one flat water bill, which simplifies ownership.
With the two homes on one lot, the layout supports a range of occupancy strategies, such as living in one home while renting the other. Buyers will also appreciate that both units have been refreshed with coordinated interior and system improvements completed in 2026. The property is located in Buffalo, NY 14206, with everyday amenities within walking distance and access to I-90 and shopping centers for practical day-to-day convenience.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.9k | $15.00 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $33.9k | $14.17 |
| − OpEx | −$10.2k | −$4.25 |
| NOI | $23.7k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.807115
- Latitude
- 42.889026
