Upgraded Duplex with Private
For Sale
$465,999
1712 Como Park Boulevard, Depew, NY 14043
Well-maintained duplex with extensive updates, widened parking, and two covered private decks.
Property Size2,268 SF
Price / SF$205.47
Days on Market129
Property Features for 1712 Como Park Boulevard
General Information
Standard status
Active
Size
2,268 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1996
Tenancy
Multi
Listing Agency:
WNYbyOwner.com
Listed By:
Robyn Sansone · License #10491209960
(716) 523-8508
Source:
Skinnercnyrealty
Added: Jun 20
Changed: Oct 25
Last Checked: Oct 7 at 3:37PM
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 WNYbyOwner.com
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Investment Insights
Based on property information with market context.
This duplex offers a substantial upgrade package and a clean, well-kept configuration. It includes hardwood flooring on both sides, new windows on both sides, a new roof, and new siding. The kitchen has new cabinetry with granite countertops, along with updated doors. Each side features bathroom improvements including tile and cabinetry, and both sides have a new furnace. The property also provides widened parking and two covered private decks for added outdoor usability.
Located between Reinstein Park and Como Park, the home is about five minutes from each and within walking distance of shopping centers. The duplex backs up to woods and Depew High School, creating a private rear backdrop.
The owner-occupied setup and maintenance standards may appeal to tenants or owner-occupants seeking a turnkey duplex with modernized systems and finishes on both sides. Showings are available by appointment, and a prequalification letter is required for all showings.
Located between Reinstein Park and Como Park, the home is about five minutes from each and within walking distance of shopping centers. The duplex backs up to woods and Depew High School, creating a private rear backdrop.
The owner-occupied setup and maintenance standards may appeal to tenants or owner-occupants seeking a turnkey duplex with modernized systems and finishes on both sides. Showings are available by appointment, and a prequalification letter is required for all showings.
Key Highlights
- Owner‑occupied duplex built in 1996 with extensive upgrades throughout
- Two covered private decks and hardwood flooring on both sides
- Upgrades include new windows, new roof, and new siding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,583
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,660
$291.7K
Cap Rate 7%
$208,329
$208.3K
Cap Rate 9%
$162,033
$162.0K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$31.3K $13.80/SF
− Vacancy
−$10.5K −$4.61/SF
EGI
$20.8K $9.19/SF
− OpEx
−$6.2K −$2.76/SF
NOI
$14.6K $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%
$291,660
Cap Rate 7%
$208,329
Cap Rate 9%
$162,033
Alternative Uses
Best Use
Multifamily LT 5
$208.3K
$182.3K – $243.1K
NOI $14,583 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$187.1K
$163.7K – $218.3K
NOI $13,095 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$495.8K
$433.8K – $578.4K
NOI $34,706 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
305
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 - Well-maintained duplex with extensive updates, widened parking, and two covered private decks.
Where is this duplex located?
The property is located at 1712 Como Park Boulevard Depew, NY.
What is the asking price?
The asking price for this property is $465,999.
What are key features of this property?
This property features: Owner‑occupied duplex built in 1996 with extensive upgrades throughout; Two covered private decks and hardwood flooring on both sides; Upgrades include new windows, new roof, and new siding
