Mixed-Use Office and Apartment
3723 Seneca Street Buffalo, NY 14224
New
For Sale
$359,900
MULTI_FAMILY - Buffalo, NY
Property Size3,472 SF
Lot Size0.38 Acres
Price / SF$103.66
Days on Market3
Property Features for 3723 Seneca Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 2
Appliances
GasWaterHeater
Standard status
Active
APN
146800-143-070-0008-013-000
Size
3,472 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Annual Amount
8195
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies, Laminate
Building materials
Brick, VinylSiding
Listing Agency:
Emprise Realty Group, LLC
(716) 662-9200
Listed By:
Rana L Piegay · License #10401237201
(716) 913-2266
Added: Jul 27
Last Checked: Jul 29 at 5:06PM
MLS# B1699846
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 mixed-use two-story building combines a physician’s office on the first level with a two-bedroom, one-bath apartment upstairs. The office offers a large bright waiting room, a reception area, and three individual private rooms.
The property is situated on a generously sized lot with road frontage and ample parking. An additional lot is included, which backs up to the West Seneca soccer fields.
The building is described as meticulously maintained, with newer electric, roof, siding, furnaces, and air conditioning. The address is 3723 Seneca Street, Buffalo, NY 14224, in Erie County.
The property is situated on a generously sized lot with road frontage and ample parking. An additional lot is included, which backs up to the West Seneca soccer fields.
The building is described as meticulously maintained, with newer electric, roof, siding, furnaces, and air conditioning. The address is 3723 Seneca Street, Buffalo, NY 14224, in Erie County.
Key Highlights
- Mixed‑use building on Seneca Street in West Seneca with physician’s office space on the lower level and an upstairs 2‑bedroom, 1‑bath apartment
- Excellent road frontage and ample parking for customer and tenant use
- Meticulously maintained with newer electric, roof, siding, furnaces, and air conditioning
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.4k | $17.40 |
| − Vacancy | −$2.7k | −$0.78 |
| EGI | $57.7k | $16.62 |
| − OpEx | −$26.0k | −$7.48 |
| NOI | $31.7k | $9.14 |
3,472 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Office B
$618.5K
$541.2K – $721.6K
NOI $43,294 @ 7.0% cap · market cap 12.03%
Second Best
Healthcare Medical
$591.4K
$517.5K – $690.0K
NOI $41,397 @ 7.0% cap · market cap 11.50%
Theoretical Best
Office A
$834.9K
$730.6K – $974.1K
NOI $58,446 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-story building features a physician’s office downstairs and a two-bedroom apartment upstairs with ample parking.
Where is this duplex located?
The property is located at 3723 Seneca Street Buffalo, NY.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Mixed‑use building on Seneca Street in West Seneca with physician’s office space on the lower level and an upstairs 2‑bedroom, 1‑bath apartment; Excellent road frontage and ample parking for customer and tenant use; Meticulously maintained with newer electric, roof, siding, furnaces, and air conditioning
