Fully Occupied
For Sale
$624,900
368 Bryant Street, Buffalo, NY 14222
Residential income property with varied apartment layouts and current occupancy across all units.
Property Size5,014 SF
Days on Market65
Property Features for 368 Bryant Street
General Information
Standard status
Active
Size
5,014 SF
Property subtype
Multi Family
Occupancy
100%
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 2BR+Den/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,791
Building Details
Building Size
5,014 SF
Year Built
1910
Buildings
1
Tenancy
Multi
Listing Agency:
Superlative Real Estate, Inc.
Listed By:
Mark Hanes · License #10401260598
(716) 998-6089
Source:
Highfallssir
Added: Aug 3
Changed: Oct 5
Last Checked: Oct 4 at 5:17PM
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 Superlative Real Estate, Inc.
Investment Insights
Based on property information with market context.
Built in 1910, this four-unit residential income property includes a range of apartment configurations: one three-bedroom, two-bath unit; one one-bedroom, one-bath unit; one two-bedroom, one-bath unit; and one two-bedroom unit with a den and one bath. All four apartments are currently rented, providing an occupied multifamily configuration for a buyer seeking an existing residential asset.
The property is located at 368 Bryant Street in Buffalo’s Elmwood Village. Elmwood Avenue’s restaurants, boutiques, cafes, parks, and cultural attractions are nearby, while downtown Buffalo, hospitals, and public transportation are also accessible from the property.
The property is located at 368 Bryant Street in Buffalo’s Elmwood Village. Elmwood Avenue’s restaurants, boutiques, cafes, parks, and cultural attractions are nearby, while downtown Buffalo, hospitals, and public transportation are also accessible from the property.
Key Highlights
- Four‑unit property with all apartments currently rented
- Apartment mix includes 3BR/2 Bath, 1 BR/1 Bath, 2BR/1Bath, and 2BR + Den/1 bath units
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,751
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,020
$995.0K
Cap Rate 7%
$710,729
$710.7K
Cap Rate 9%
$552,789
$552.8K
Market Conditions
NOI Build-Up for 5,014 SF
Gross rent
$75.2K $15.00/SF
− Vacancy
−$4.1K −$0.83/SF
EGI
$71.1K $14.17/SF
− OpEx
−$21.3K −$4.25/SF
NOI
$49.8K $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%
$995,020
Cap Rate 7%
$710,729
Cap Rate 9%
$552,789
Alternative Uses
Best Use
Multifamily LT 5
$710.7K
$621.9K – $829.2K
NOI $49,751 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$654.6K
$572.8K – $763.8K
NOI $45,825 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,404 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,259
Businesses Nearby
Explore this area
Business Placement
Demographics for 14222, NY
13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with varied apartment layouts and current occupancy across all units.
Where is this quadplex located?
The property is located at 368 Bryant Street Buffalo, NY.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Four‑unit property with all apartments currently rented; Apartment mix includes 3BR/2 Bath, 1 BR/1 Bath, 2BR/1Bath, and 2BR + Den/1 bath units; Built in 1910
