269 Sterling Avenue, Buffalo, NY 14216
MULTI_FAMILY - Other - Buffalo, NY
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 6:06 pm
Property Features for 269 Sterling Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
- Parking features
- Garage
- Exterior features
- Balcony
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-078-580-0002-018-000
- Size
- 2,968 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3439
Utilities
- Heating system
- Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Varies, Laminate, Hardwood, Carpet
- Building materials
- Brick, Frame
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent David M Witczak License #40WI1033093 (716) 891-1710
Listing office WNY Metro Roberts Realty 960 Center Rd, cheektowaga, NY (716) 891-1710
Listing date Jun 9, 2026
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.
HighLights
- 3‑unit multi‑family home built in 1925 with approx. 2,968 sq ft of living space across three units
- Parking includes off‑street parking plus a two‑car garage
- Exterior features include a balcony
- Heating: natural gas with baseboard heat
- Roof: asphalt; construction materials include brick and frame
- Public water; appliances include a gas water heater
Overview
The property is located on Sterling Avenue in North Buffalo, Erie County. It is positioned on a manageable lot and is described as being close to Hertel Avenue’s shops, restaurants, parks, and other everyday amenities.
This configuration can suit both investors and owner-occupants looking to offset living expenses with rental income from two units while occupying the third. With three separate units in place, the building provides an established rental setup rather than a conversion scenario. Buyers may also value the practical on-site parking and garage for tenant use, paired with the property’s long-standing multi-family structure.
Local Financial Insights For Multifamily LT 5
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 | $44.5k | $15.00 |
| − Vacancy | −$2.4k | −$0.83 |
| EGI | $42.1k | $14.17 |
| − OpEx | −$12.6k | −$4.25 |
| NOI | $29.4k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.852679
- Latitude
- 42.952195
