Tonawanda Multifamily Property for
For Sale
$289,000
Pending
32 E Hazeltine Ave, Tonawanda, NY 14217
Multifamily property available in Tonawanda, NY.
Property Size2,288 SF
Lot Size0.10 Acres
Days on Market326
Property Features for 32 E Hazeltine Ave
General Information
Standard status
Pending
Size
2,288 SF
Lot size
0.10 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,218
Building Details
Building Size
2,288 SF
Year Built
1920
Stories
2
Units
2
Listing Agency:
OwnerEntry.com
Listed By:
David White · License #10371201849
(617) 542-9300
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 11
Last Checked: Oct 16 at 10:42AM
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 OwnerEntry.com
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A multifamily property is available for sale. The property is located in Tonawanda, NY.
Key Highlights
- Multifamily property in a desirable location.
- Located in Tonawanda, NY, offering convenient access to local amenities.
- Built in 1920, presenting an opportunity for renovation or restoration.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,210
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,200
$264.2K
Cap Rate 7%
$188,714
$188.7K
Cap Rate 9%
$146,778
$146.8K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$37.1K $16.20/SF
− Vacancy
−$13.0K −$5.70/SF
EGI
$24.0K $10.50/SF
− OpEx
−$10.8K −$4.72/SF
NOI
$13.2K $5.77/SF
Area
Erie County, NY
Vacancy
35.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,200
Cap Rate 7%
$188,714
Cap Rate 9%
$146,778
Alternative Uses
Best Use
Apartment 5plus
$188.7K
$165.1K – $220.2K
NOI $13,210 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.2K
$437.7K – $583.5K
NOI $35,012 @ 7.0% cap · market cap 12.11%
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
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 14217, NY
23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property available in Tonawanda, NY.
Where is this multifamily property located?
The property is located at 32 E Hazeltine Ave Tonawanda, NY.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Multifamily property in a desirable location.; Located in Tonawanda, NY, offering convenient access to local amenities.; Built in 1920, presenting an opportunity for renovation or restoration.
