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Two-Building Apartment Portfolio
For Sale
$1,895,000
Pending

1941 Hertel Avenue, Buffalo, NY 14214

All-brick, three-story buildings offer a mixed apartment layout with on-site parking and laundry facilities.

Property Size25,600 SF
Days on Market351

Property Features for 1941 Hertel Avenue

General Information

Standard status Pending
Size 25,600 SF
Property subtype Multi Family / Other

Units

Unit Mix 22 x 1BR, 2 x studio
Multifamily Units 24

Taxes and HOA fees

Annual Taxes $41,123

Amenities

laundry room
Gas, Radiant
Full
Ceramic Tile, Hardwood, Laminate, Tile, Varies
Built In Range, Built In Oven, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
Yes
No
22
Common Area, Coin Operated
Flat
3
Blacktop Driveway
Laundry Facilities

Building Details

Year Built 1940
Buildings 2
Stories 3
Construction all brick
Listing Agency: Gurney Becker & Bourne
Listed By: Carmelo A Parlato · License #10401209029
Source: Compass
Added: Sep 18, 2025 Changed: Sep 2 Last Checked: Sep 2 at 11:42PM

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 Gurney Becker & Bourne

Investment Insights

Based on property information with market context.

This multifamily offering includes two matching, three-story brick buildings constructed in 1940, with a combined 25,600 square feet. The property contains 24 apartments: 22 one-bedroom homes and two studios, with one studio located on the first floor of each building. Each structure also provides a first-floor laundry room, full basement space, and separate utility service. Radiant gas heat, gas water heaters, refrigerators, ranges, ovens, and a mix of hardwood, ceramic tile, laminate, and tile finishes are included across the buildings.

The buildings are located at 1941 and 1945 Hertel Avenue in Buffalo, NY 14214. A blacktop parking area serves all 24 apartments, while brick exteriors and copper plumbing are among the documented building features. The offering also includes the tax identification associated with 1945 Hertel Avenue.

Key Highlights

  • Two matching 12‑unit apartment buildings at 1941 and 1945 Hertel Avenue
  • 24 total apartments: 22 1‑bedroom units and 2 studio apartments
  • 25,600 square feet combined across the two buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Accounting Firm Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 14214, NY

20,732
Population
9,280
Households
2.2
Avg Household Size
32
Median Age
46%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
6,282
Density / Sq Mi
$56,573
Median Household Income
$29,928
Median Earnings
$1,072
Median Rent
$234,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick, three-story buildings offer a mixed apartment layout with on-site parking and laundry facilities.
Where is this apartment building located?
The property is located at 1941 Hertel Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Two matching 12‑unit apartment buildings at 1941 and 1945 Hertel Avenue; 24 total apartments: 22 1‑bedroom units and 2 studio apartments; 25,600 square feet combined across the two buildings
More about this property
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