Character-Rich Duplex with
For Sale
$399,900
Pending
34 Cunard Road, Buffalo, NY 14216
Two spacious units combine original woodwork and fireplaces with updated kitchens, baths, windows, and furnaces.
Property Size2,966 SF
Days on Market73
Property Features for 34 Cunard Road
General Information
Standard status
Pending
Size
2,966 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,750
Building Details
Building Size
2,966 SF
Year Built
1915
Listing Agency:
WNY Metro Roberts Realty
Listed By:
Susan L Mecca · License #10401232868
(716) 407-0373
Source:
Highfallssir
Added: Aug 7
Changed: Oct 3
Last Checked: Oct 16 at 5:33PM
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 WNY Metro Roberts Realty
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Investment Insights
Based on property information with market context.
This two-family duplex offers a pair of spacious 3-bedroom, 1-bath units in a 1915 residence with substantial architectural character. Natural woodwork, built-in bookcases with glass doors, and brick gas fireplaces distinguish the interiors. The lower apartment includes a converted porch with a bay window, central A/C, an eat-in kitchen with white cabinetry, and an updated bath with a granite countertop. The upper unit features refinished hardwood floors, fresh paint, and a refinished tub. Both apartments have newer windows and new furnaces.
A front foyer provides separate entrances, complemented by a side entrance. Additional property features include a full attic, full basement, fenced yard, double-wide driveway, and a two-car garage. The property is located near Hertel Avenue restaurants, boutique shops, cafes, and nightlife in North Buffalo.
A front foyer provides separate entrances, complemented by a side entrance. Additional property features include a full attic, full basement, fenced yard, double-wide driveway, and a two-car garage. The property is located near Hertel Avenue restaurants, boutique shops, cafes, and nightlife in North Buffalo.
Key Highlights
- Two 3‑bedroom, 1‑bath units
- 1915 construction with natural woodwork, built‑in bookcases, and brick gas fireplaces
- Lower unit includes converted porch, bay window, central A/C, and updated bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,430
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,600
$588.6K
Cap Rate 7%
$420,429
$420.4K
Cap Rate 9%
$327,000
$327.0K
Market Conditions
NOI Build-Up for 2,966 SF
Gross rent
$44.5K $15.00/SF
− Vacancy
−$2.4K −$0.83/SF
EGI
$42.0K $14.17/SF
− OpEx
−$12.6K −$4.25/SF
NOI
$29.4K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,600
Cap Rate 7%
$420,429
Cap Rate 9%
$327,000
Alternative Uses
Best Use
Multifamily LT 5
$420.4K
$367.9K – $490.5K
NOI $29,430 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$387.2K
$338.8K – $451.8K
NOI $27,107 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$713.3K
$624.1K – $832.1K
NOI $49,928 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 14216, NY
22,979
Population
12,773
Households
1.8
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
8,207
Density / Sq Mi
$70,260
Median Household Income
$47,823
Median Earnings
$1,152
Median Rent
$260,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units combine original woodwork and fireplaces with updated kitchens, baths, windows, and furnaces.
Where is this duplex located?
The property is located at 34 Cunard Road Buffalo, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath units; 1915 construction with natural woodwork, built‑in bookcases, and brick gas fireplaces; Lower unit includes converted porch, bay window, central A/C, and updated bath
