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1920s Duplex with Detached Garage

272 Commonwealth Avenue Buffalo, NY 14216

New
272 Commonwealth Avenue, Buffalo, NY, 14216
$399,900
For Sale
$399,900

MULTI_FAMILY - Buffalo, NY

Property Size2,954 SF
Lot Size0.12 Acres
Price / SF$135.38
Days on Market6

Property Features for 272 Commonwealth Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1
Parking features
Garage
Patio and Porch features
Porch
Exterior features
Balcony
Appliances
GasWaterHeater
Standard status
Active
APN
140200-078-560-0002-001-000
Size
2,954 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Annual Amount
3583

Utilities

Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile, Varies, Hardwood
Building materials
AtticCrawlHatchwaysInsulated, Frame, VinylSiding
Roof type
Shingle
Listing agency WNY Metro Roberts Realty
Listed by Alicia Wittman · License #10301219240
Added: Jul 17 Checked: Jul 22 at 12:06PM
MLS# B1694354

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.


Investment Insights

Based on property information with market context.

272 Commonwealth Avenue presents a classic 1920s duplex with two separate residences. The lower unit is approximately 1,585 square feet, and the upper unit is approximately 1,369 square feet. The upper unit includes access to an open upper porch of approximately 209 square feet.

The property also includes off-street parking via a private driveway that was updated in 2018, along with a detached 2-car garage measuring approximately 520 square feet. Located in Buffalo’s North Buffalo area, the home is described as within walking distance of the North Buffalo Ice Rink, neighborhood parks, and the dining, coffee shops, and boutique shopping along Hertel Avenue.

This configuration supports an owner-occupant or income-focused approach, with the two-unit layout offering flexibility for how the space is used or rented.

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 $44.3k $15.00
− Vacancy −$2.4k −$0.83
EGI $41.9k $14.17
− OpEx −$12.6k −$4.25
NOI $29.3k $9.92
2,954 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$418.7K
$366.4K – $488.5K (±1% cap)
NOI $29,311 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$385.7K
$337.5K – $450.0K (±1% cap)
NOI $26,998 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$710.4K
$621.6K – $828.8K (±1% cap)
NOI $49,726 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency Law Firm HVAC Service Daycare Center Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Charming two-family built in the 1920s with an upper open porch and a detached 2-car garage off a private driveway.
Where is this duplex located?
The property is located at 272 Commonwealth Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $399,900.
Contact an agent
More about this property
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