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Two-Building Multifamily Property
For Sale
$339,900

366 & 362 Ontario Street, Buffalo, NY 14207

CommercialSale, Buffalo, NY

Property Size8,993 SF
Lot Size0.19 Acres
Price / SF$37.80
Days on Market64

Property Features for 366 & 362 Ontario Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning N-3E
Zoning description Commercial
Rooms Basement
Parking 8
Parking features Fenced, Paved or Surfaced
Subdivision Jones
Lot features Irregular Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Tonawanda St. to Ontario St.
Standard status Active
APN 140200-077-490-0002-041-000
Size 8,993 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 8755

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1906
Floors in Building 2
Number of units 3
Flooring type Varies, Hardwood, Carpet
Building materials Brick, Frame, WoodSiding
Roof type Shingle, Asphalt
Listing Agency: Pioneer Star Real Estate Inc.
Listed By: Pushpa Gunatilake · License #10311200587
Added: Jun 18 Changed: Aug 19 Last Checked: Aug 20 at 2:06AM
MLS# B1691694

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.

This multifamily package includes 366 Ontario Street and 362 Ontario Street, with a combined 8,993 square feet on 0.1919 acres. The 1906 improvements include a former funeral home with a three-bedroom apartment on the second floor, plus a separate two-unit residential building containing six bedrooms and two full bathrooms. The property requires renovation at 366 Ontario Street, while the second building includes one occupied apartment and one vacant unit. Shared site features include fenced, paved parking, public sewer, forced-air natural gas heating, central air, and shingle and asphalt roofing.

The properties are located in Buffalo’s Riverside neighborhood near schools, places of worship, restaurants, grocery stores, parks, and public transportation. N-3E zoning and the existing two-building layout provide a defined framework for evaluating continued residential use, renovation, or redevelopment plans.

Key Highlights

  • Combined 8,993‑square‑foot multifamily package on 0.1919 acres
  • Two buildings at 366 Ontario Street and 362 Ontario Street
  • 366 Ontario includes a former funeral home and a 3‑bedroom second‑floor apartment

Property Analytics

Current Use

The Fun Home Church

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 14207, NY

26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - A two-building package combines residential units, paved parking, and redevelopment scope under N-3E zoning.
Where is this multifamily property located?
The property is located at 366 & 362 Ontario Street Buffalo, NY.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Combined 8,993‑square‑foot multifamily package on 0.1919 acres; Two buildings at 366 Ontario Street and 362 Ontario Street; 366 Ontario includes a former funeral home and a 3‑bedroom second‑floor apartment
More about this property
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