Updated Two-Family
162 HARVARD PL Buffalo, NY 14209
For Sale
$299,900
Pending
Recently updated two-family home with remodeled kitchens, updated baths, and refreshed interior and exterior mechanics.
Property Size1,996 SF
Days on Market224
Property Features for 162 HARVARD PL
General Information
- Standard status
- Pending
- Size
- 1,996 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1910
Listing Agency:
HUNT Real Estate Corporation
(716) 818-0207
Listed By:
William Severyn
(716) 818-0207
Source:
Xome
Added: Dec 13, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:44AM
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 HUNT Real Estate Corporation
Investment Insights
Based on property information with market context.
This two-family residence has been updated recently throughout. The interior features remodeled kitchens with new cabinets, granite countertops, and updated flooring, paint, and lighting. Bathrooms are totally updated with new fixtures, vanities, tub surrounds, flooring, and lighting. The living and dining areas are open for an efficient entertainment space, and the home also includes updated mechanics and exterior improvements.
The property is located in the Main/Lafayette neighborhood and is close to Downtown, Canisius College, and the Elmwood strip.
Offered for sale as a two-family with recent interior renovations, updated bathrooms, and exterior/mechanical upgrades already completed.
The property is located in the Main/Lafayette neighborhood and is close to Downtown, Canisius College, and the Elmwood strip.
Offered for sale as a two-family with recent interior renovations, updated bathrooms, and exterior/mechanical upgrades already completed.
Key Highlights
- Recently updated two‑family home with remodeled kitchens and updated baths
- Interior updates include new cabinets, granite countertops, refreshed flooring, paint, and lighting
- Baths updated with new fixtures, vanities, tub surrounds, flooring, and lighting
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 | $29.9k | $15.00 |
| − Vacancy | −$1.6k | −$0.83 |
| EGI | $28.3k | $14.17 |
| − OpEx | −$8.5k | −$4.25 |
| NOI | $19.8k | $9.92 |
1,996 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.9K
$247.6K – $330.1K
NOI $19,805 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$260.6K
$228.0K – $304.0K
NOI $18,242 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$480.0K
$420.0K – $560.0K
NOI $33,600 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Recently updated two-family home with remodeled kitchens, updated baths, and refreshed interior and exterior mechanics.
Where is this duplex located?
The property is located at 162 HARVARD PL Buffalo, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Recently updated two‑family home with remodeled kitchens and updated baths; Interior updates include new cabinets, granite countertops, refreshed flooring, paint, and lighting; Baths updated with new fixtures, vanities, tub surrounds, flooring, and lighting
