Upgraded Duplex with Private
For Sale
$465,999
Pending
1712 Como Park Boulevard, Depew, NY 14043
Residential, Depew, NY
Property Size2,268 SF
Lot Size0.32 Acres
Days on Market96
Property Features for 1712 Como Park Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Basement, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 4, Bathroom 3
Parking features
Open
Patio and Porch features
Deck
Exterior features
Deck
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
Depew
Middle school district
Depew
High school district
Depew
Subdivision
Lancaster-145289
Standard status
Pending
APN
145289-115-050-0002-031-200
Size
2,268 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
8881
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
two covered private decks
widened parking
Building Details
Year built
1996
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies, Vinyl
Building materials
Brick, VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
WNYbyOwner.com
Listed By:
Robyn Sansone · License #10491209960
(716) 523-8508
Added: Jun 9
Changed: Sep 11
Last Checked: Sep 12 at 9:06AM
MLS# B1688884
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.
Investment Insights
Based on property information with market context.
This 1996 duplex contains 2,268 square feet on a 0.32-acre parcel. Both units feature hardwood flooring, updated windows, doors, kitchen cabinetry with granite countertops, and bathroom tile and cabinet improvements. The property also includes a newer roof, vinyl siding, forced-air natural gas furnaces serving both sides, central air, and two covered private decks. Brick and vinyl siding form the exterior, while an asphalt roof and open parking complete the improvements.
The property is located on Como Park Boulevard in Depew, with walking access to shopping centers. It sits between Reinstein Park and Como Park, each approximately five minutes away, and borders woods and Depew High School. Public water is available, and the layout includes bedrooms, bathrooms, and a basement across the two-unit configuration.
The property is located on Como Park Boulevard in Depew, with walking access to shopping centers. It sits between Reinstein Park and Como Park, each approximately five minutes away, and borders woods and Depew High School. Public water is available, and the layout includes bedrooms, bathrooms, and a basement across the two-unit configuration.
Key Highlights
- 2,268‑square‑foot duplex on 0.32 acres
- Two covered private decks and widened open parking
- Updated kitchens with new cabinetry and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,583
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Owner-occupied income property with refreshed interiors, separate covered decks, open parking, and public water service.
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: 2,268‑square‑foot duplex on 0.32 acres; Two covered private decks and widened open parking; Updated kitchens with new cabinetry and granite countertops
