333 Elmwood Ave Buffalo, NY 14222

Listing agency Park Realty of Wny

Listed by Khaing Naing · License #NY 10401251684

Source Crexi

Added: Apr 11 Updated: Jul 21 at 9:06PM Checked: Jul 21 at 9:06PM

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Investment Insights

Based on property information with market context.

This for-sale portfolio totals 27 residential income units across Buffalo and Niagara Falls. The Buffalo component includes 333 Elmwood Ave, a 16-unit building that was formerly built as a hotel. Seller-reported annual gross income is $216,234.00, with annual net income of $164,948.00.

Additional portfolio units are located in Niagara Falls across 4 properties (11 units total). Seller remarks note the Niagara Falls location is about 1.8 to 2.0 miles from Niagara Falls State Park and that more than 8 million visitors explore the park annually.

At 333 Elmwood Ave, the seller also notes the rear lot may support redevelopment of additional apartment building capacity. For full rent and expense details, the owner and listing agent are available to provide P&L statements.

Key Highlights

• 27‑unit income portfolio across Buffalo and Niagara Falls
• Annual gross income: $216,234; annual net income: $164,948
• 333 Elmwood Ave features 16 units; former hotel building with walkable amenities nearby

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FAQs

What type of property is this?

Apartment building - Portfolio includes 27 income units across Buffalo and Niagara Falls, with 16 units at 333 Elmwood Ave.

Where is this apartment building located?

The property is located at 333 Elmwood Ave Buffalo, NY.

What are key features of this property?

This property features: 27‑unit income portfolio across Buffalo and Niagara Falls; Annual gross income: $216,234; annual net income: $164,948; 333 Elmwood Ave features 16 units; former hotel building with walkable amenities nearby