Residential Income
28 HORTON PL Buffalo, NY 14209
28 HORTON PL, Buffalo, NY, 14209
$299,900
Pending
For Sale
$299,900
Pending
Residential income multifamily property offered for sale at 28 Horton Pl in Buffalo, NY.
Property Size2,434 SF
Days on Market258
Property Features for 28 HORTON PL
General Information
- Standard status
- Pending
- Size
- 2,434 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
HUNT Real Estate Corporation
(716) 818-0207
Listed by
William Severyn
(716) 818-0207
Source
Xome
Added: Nov 7, 2025 Updated: Jul 21 at 3:33PM Checked: Jul 22 at 3:37AM
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 HUNT Real Estate Corporation
Investment Insights
Based on property information with market context.
This residential income multifamily property is offered for sale as a multi-unit investment in Buffalo, NY. The property is listed for sale under the “other multifamily” category, supporting income-generating residential use.
The asset is located at 28 Horton Pl, Buffalo, NY 14209. Additional details such as unit mix, interior condition, or specific building features are not provided in the available information.
For buyers and brokers evaluating residential income opportunities, this listing provides the address and property category, along with the listed size of 2,434 square feet. Further due diligence will be needed to confirm configuration, rent roll, and any operating or physical characteristics beyond what is stated here.
The asset is located at 28 Horton Pl, Buffalo, NY 14209. Additional details such as unit mix, interior condition, or specific building features are not provided in the available information.
For buyers and brokers evaluating residential income opportunities, this listing provides the address and property category, along with the listed size of 2,434 square feet. Further due diligence will be needed to confirm configuration, rent roll, and any operating or physical characteristics beyond what is stated here.
Key Highlights
- Residential income multifamily property for sale at 28 Horton Pl, Buffalo, NY
- Brick and frame exterior with asphalt roof
- Lot dimensions 31 x 78 with rectangular topography
Local Financial Insights For Apartment 5plus
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 | $42.4k | $17.40 |
| − Vacancy | −$1.9k | −$0.78 |
| EGI | $40.4k | $16.62 |
| − OpEx | −$18.2k | −$7.48 |
| NOI | $22.2k | $9.14 |
2,434 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$317.8K
$278.1K – $370.8K
NOI $22,245 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$585.3K
$512.2K – $682.9K
NOI $40,973 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Residential income multifamily property offered for sale at 28 Horton Pl in Buffalo, NY.
Where is this multifamily property located?
The property is located at 28 HORTON PL Buffalo, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Residential income multifamily property for sale at 28 Horton Pl, Buffalo, NY; Brick and frame exterior with asphalt roof; Lot dimensions 31 x 78 with rectangular topography
