2-Unit Tudor Multifamily
New
For Sale
$1,495,000
200 Summer Street, Buffalo, NY 14222
Residential, Buffalo, NY
Property Size9,106 SF
Lot Size0.37 Acres
Price / SF$164.18
Days on Market2
Property Features for 200 Summer Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
7
Full bathrooms
6
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 7, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 2, Bedroom 1, Basement, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 6, Bedroom 5
Interior features
EntranceFoyer, Storage, NaturalWoodwork
Exterior features
Fence
Fencing
Fenced
Fireplace
1
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Directions
GPS
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-100-620-0004-007-000
Size
9,106 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Annual Amount
14337
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
central air
forced-air heating
full basement
built-in booth seating
sunroom
covered driveway entrance
detached garage
three-story tower
Building Details
Year built
1892
Floors in Building
3
Number of units
3
Flooring type
Tile, Varies, Hardwood
Building materials
Frame, Stucco, CopperPlumbing
Roof type
Asphalt
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Lynn M McCarthy · License #10301214462
(716) 308-1708
Added: Oct 15
Last Checked: Oct 16 at 3:06PM
MLS# B1719717
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.
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Investment Insights
Based on property information with market context.
Built in 1892, this 9,106-square-foot Tudor Revival property is arranged as two nearly identical residences. Interiors feature original woodwork, hardwood floors, leaded glass, and updated kitchens; the second-floor unit includes a Wolf range. Central air, forced-air heat, and separate utilities serve the building. Full basements provide storage, while the unfinished third floor offers additional flexible space. Exterior details include a three-story tower, covered driveway entrance, fenced grounds, and a detached garage with a new roof.
The property occupies 0.3691 acres on Summer Street, near Allentown, Elmwood Village, Symphony Circle, Kleinhans Music Hall, the Buffalo AKG Art Museum, and Delaware Park.
The property occupies 0.3691 acres on Summer Street, near Allentown, Elmwood Village, Symphony Circle, Kleinhans Music Hall, the Buffalo AKG Art Museum, and Delaware Park.
Key Highlights
- Two residential units with separate utilities
- 9,106 square feet on a 0.3691‑acre lot
- Built in 1892 with Tudor Revival architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,223
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,460
$1.7M
Cap Rate 7%
$1,188,900
$1.2M
Cap Rate 9%
$924,700
$924.7K
Market Conditions
NOI Build-Up for 9,106 SF
Gross rent
$158.4K $17.40/SF
− Vacancy
−$7.1K −$0.78/SF
EGI
$151.3K $16.62/SF
− OpEx
−$68.1K −$7.48/SF
NOI
$83.2K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,460
Cap Rate 7%
$1,188,900
Cap Rate 9%
$924,700
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,223 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.92M – $2.55M
NOI $153,287 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 14222, NY
13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separately serviced residences combine period details with central air and forced-air heating.
Where is this multifamily property located?
The property is located at 200 Summer Street Buffalo, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two residential units with separate utilities; 9,106 square feet on a 0.3691‑acre lot; Built in 1892 with Tudor Revival architectural details
