Updated Four-Unit Residential
252 Cazenovia St 4, Aurora, NY 14052
For Sale
New
$549,900
Four one-bedroom apartments include separate office areas, while residents cover gas, electric, and water costs.
Property Size3,044 SF
Days on Market2
Property Features for 252 Cazenovia St 4
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Tenancy
Listing Agency:
RE/MAX Precision
Listed By:
J. Gerard Green · License NY #10491210016
(716) 866-8307
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:32PM
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 RE/MAX Precision
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Investment Insights
Based on property information with market context.
This 1925 residential income property contains four apartments, each arranged with one bedroom, a separate office area, and a living room. Three bathrooms have newer walk-in ceramic tile showers, and laminate flooring has been upgraded. Vinyl windows make up 95% of the building’s windows, with carpeting added in the hallway in 2025. The property also has vinyl siding, a full basement for storage or laundry, and off-street parking for four vehicles. The roof was replaced in 2012.
Set in a residential area of the Village of East Aurora, the property is within walking distance of restaurants, grocery stores, banks, and other amenities. Residents pay for gas, electric, and water service.
Set in a residential area of the Village of East Aurora, the property is within walking distance of restaurants, grocery stores, banks, and other amenities. Residents pay for gas, electric, and water service.
Key Highlights
- Four one‑bedroom apartments, each with an office area and living room
- Three of four bathrooms have newer walk‑in ceramic tile showers
- 95% of windows are newer vinyl; hallway carpeting added in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,572
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,440
$391.4K
Cap Rate 7%
$279,600
$279.6K
Cap Rate 9%
$217,467
$217.5K
Market Conditions
NOI Build-Up for 3,044 SF
Gross rent
$42.0K $13.80/SF
− Vacancy
−$14.0K −$4.61/SF
EGI
$28.0K $9.19/SF
− OpEx
−$8.4K −$2.76/SF
NOI
$19.6K $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 Rate 5%
$391,440
Cap Rate 7%
$279,600
Cap Rate 9%
$217,467
Alternative Uses
Best Use
Multifamily LT 5
$279.6K
$244.7K – $326.2K
NOI $19,572 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$251.1K
$219.7K – $292.9K
NOI $17,575 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$665.4K
$582.3K – $776.4K
NOI $46,581 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Explore this area
Business Placement
Demographics for 14052, NY
17,679
Population
7,603
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
96%
High-School Grad
61.2 sq mi
ZIP Area
289
Density / Sq Mi
$103,474
Median Household Income
$57,093
Median Earnings
$992
Median Rent
$312,000
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Erie County, NY
Properties on Market for Quadplexes in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom apartments include separate office areas, while residents cover gas, electric, and water costs.
Where is this quadplex located?
The property is located at 252 Cazenovia St 4 Aurora, NY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Four one‑bedroom apartments, each with an office area and living room; Three of four bathrooms have newer walk‑in ceramic tile showers; 95% of windows are newer vinyl; hallway carpeting added in 2025
