Duplex with Deep
New
For Sale
$189,900
190 Kohler Street, Tonawanda, NY 14150
Two separate residences include individual eat-in kitchens, with a four-bedroom main unit and a two-bedroom upper apartment.
Property Size2,828 SF
Lot Size0.43 Acres
Days on Market5
Property Features for 190 Kohler Street
General Information
Standard status
Active
Size
2,828 SF
Lot size
0.43 Acres
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
garage structure that would simply need a garage door added
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,242
Building Details
Building Size
2,828 SF
Year Built
1875
Buildings
1
Listing Agency:
Iconic Real Estate
Listed By:
Samantha E Muscato · License #40MU1035794
(716) 603-8605
Source:
Highfallssir
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 11 at 2:33PM
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 Iconic Real Estate
Investment Insights
Based on property information with market context.
This duplex contains two living units and almost 3,000 sq ft of living space. The main residence has four bedrooms, a living room with hardwood floors and a fireplace, a formal dining room, an eat-in kitchen, first-floor laundry, and private basement access. The upper apartment has two bedrooms and its own eat-in kitchen.
The 62 x 304 lot includes a private front porch, a garage structure that needs a garage door, and a separate shed. Basement space offers additional storage. The property also has updated mechanicals and an architectural roof.
The 62 x 304 lot includes a private front porch, a garage structure that needs a garage door, and a separate shed. Basement space offers additional storage. The property also has updated mechanicals and an architectural roof.
Key Highlights
- Two living units with six total bedrooms
- Almost 3,000 sq ft of living space
- 62 x 304 lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,328
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,560
$326.6K
Cap Rate 7%
$233,257
$233.3K
Cap Rate 9%
$181,422
$181.4K
Market Conditions
NOI Build-Up for 2,828 SF
Gross rent
$45.8K $16.20/SF
− Vacancy
−$16.1K −$5.70/SF
EGI
$29.7K $10.50/SF
− OpEx
−$13.4K −$4.72/SF
NOI
$16.3K $5.77/SF
Area
Erie County, NY
Vacancy
35.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,560
Cap Rate 7%
$233,257
Cap Rate 9%
$181,422
Alternative Uses
Best Use
Multifamily LT 5
$259.8K
$227.3K – $303.1K
NOI $18,183 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$233.3K
$204.1K – $272.1K
NOI $16,328 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$618.2K
$540.9K – $721.3K
NOI $43,275 @ 7.0% cap · market cap 22.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 14150, NY
41,161
Population
20,152
Households
2
Avg Household Size
43
Median Age
32%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$70,294
Median Household Income
$46,867
Median Earnings
$1,094
Median Rent
$181,900
Median Home Value
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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 - Two separate residences include individual eat-in kitchens, with a four-bedroom main unit and a two-bedroom upper apartment.
Where is this duplex located?
The property is located at 190 Kohler Street Tonawanda, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two living units with six total bedrooms; Almost 3,000 sq ft of living space; 62 x 304 lot
