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    Hertel Avenue Multifamily Investment Opportunity Title is generated by Realmo AI

    1925 Hertel Avenue, Buffalo, NY 14214

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    Claim this Listing
    For Sale
    $1,250,000

    Multifamily property with one vacancy available for showings.

    Type:Multi Family / Other
    Property size:
    8,442 SF
    Price / SF:
    $148/SF
    Added:
    May 26, 2026
    Days on Market:
    17
    Last Refresh:
    May 27 at 8:19 am

    Property Features for 1925 Hertel Avenue

    General Information

    Standard status
    Active
    Size
    8,442 SF
    Property subtype
    Multi Family / Other

    Building Details

    Year Built
    1970

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    Listing Contact
    Michael Santa Maria

    Listing agent Michael Santa Maria License #10491211920

    Listing office Santa Maria Development, LLC

    Listing date May 26, 2026

    Source Compass

    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 Santa Maria Development, LLC

    HighLights

    • Expansive 8442 sq ft total area.
    • Full basement offers potential for additional living space or storage.
    • Two‑level layout provides distinct living zones.
    • Modern appliances included: Dishwasher, Electric Cooktop, Disposal, Gas Water Heater, Refrigerator.
    • Durable and stylish luxury vinyl flooring.
    • Community features include storage facilities.

    Overview

    This multifamily property, with a size of 8442 square feet, presents an investment opportunity. Currently, there is one vacancy, and the unit is available for showings.

    Local Financial Insights For Apartment 5plus

    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 $146.9k $17.40
    − Vacancy −$6.6k −$0.78
    EGI $140.3k $16.62
    − OpEx −$63.1k −$7.48
    NOI $77.2k $9.14
    8,442 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.10M
    $964.4K – $1.29M (±1% cap)
    NOI $77,154 @ 7.0% cap · market cap 6.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.03M
    $1.78M – $2.37M (±1% cap)
    NOI $142,109 @ 7.0% cap · market cap 11.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8364808
    Latitude
    42.9471888

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with one vacancy available for showings.
    Where is this multifamily property located?
    The property is located at 1925 Hertel Avenue Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Expansive 8442 sq ft total area.; Full basement offers potential for additional living space or storage.; Two‑level layout provides distinct living zones.
    More about this property
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