Two-Unit Duplex with Detached
160 Glen Avenue, Amherst, NY 14221
For Sale
New
$314,900
Separate residences include a two-bedroom lower apartment and a one-bedroom upper apartment.
Property Size1,855 SF
Days on Market4
Property Features for 160 Glen Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Custom Commission Realty
Listed By:
Jeremy S Bartee · License NY #10311209646
(716) 334-9410
Source:
Highfallssir
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:17PM
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 Custom Commission Realty
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Investment Insights
Based on property information with market context.
Built in 1952, this duplex contains two apartments: a lower unit with two bedrooms and an eat-in kitchen, and an upper unit with one bedroom. Hardwood flooring is present in both apartments. A full basement offers storage and walk-out access to the backyard.
The property also includes a detached two-car garage and a concrete driveway with off-street parking. The deep lot provides outdoor space, while the apartments’ separate layouts support distinct residential occupancy.
The property also includes a detached two-car garage and a concrete driveway with off-street parking. The deep lot provides outdoor space, while the apartments’ separate layouts support distinct residential occupancy.
Key Highlights
- Two apartments: one two‑bedroom unit and one one‑bedroom unit
- Hardwood flooring in both apartments
- Full basement with walk‑out access to the backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,368
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,360
$487.4K
Cap Rate 7%
$348,114
$348.1K
Cap Rate 9%
$270,756
$270.8K
Market Conditions
NOI Build-Up for 1,855 SF
Gross rent
$36.7K $19.80/SF
− Vacancy
−$1.9K −$1.03/SF
EGI
$34.8K $18.77/SF
− OpEx
−$10.4K −$5.63/SF
NOI
$24.4K $13.14/SF
Area
Amherst, NY
Vacancy
5.22%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,360
Cap Rate 7%
$348,114
Cap Rate 9%
$270,756
Alternative Uses
Best Use
Multifamily LT 5
$348.1K
$304.6K – $406.1K
NOI $24,368 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$320.6K
$280.6K – $374.1K
NOI $22,445 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$478.1K
$418.3K – $557.7K
NOI $33,464 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
Explore this area
Business Placement
Demographics for 14221, NY
55,275
Population
25,281
Households
2.2
Avg Household Size
48
Median Age
57%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
2,362
Density / Sq Mi
$101,275
Median Household Income
$58,665
Median Earnings
$1,560
Median Rent
$298,500
Median Home Value
Market
Average Price Trend$/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 - Separate residences include a two-bedroom lower apartment and a one-bedroom upper apartment.
Where is this duplex located?
The property is located at 160 Glen Avenue Amherst, NY.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two apartments: one two‑bedroom unit and one one‑bedroom unit; Hardwood flooring in both apartments; Full basement with walk‑out access to the backyard
