405 Parkside Avenue, Buffalo, NY 14216
MULTI_FAMILY - Other - Buffalo, NY
- Added:
- Jun 5, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 10 at 4:06 pm
Property Features for 405 Parkside Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Basement, Bedroom 2
- Patio and Porch features
- Porch
- Interior features
- Storage
- Exterior features
- Balcony, Fence
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-089-260-0002-027-000
- Size
- 3,124 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4389
Utilities
- Heating system
- Hot Water(Heating), Natural Gas, Radiant
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies
- Building materials
- Brick, Frame, CopperPlumbing
- Roof type
- Shingle, Membrane, Rubber
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Anthony Dubreville License #10401347097 (716) 374-2594
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jun 5, 2026
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.
HighLights
- Fully renovated all‑brick two‑family property built in 1915
- Each unit offers 3 bedrooms and 1 full bathroom
- Brand‑new full tear‑off roof completed in 2026
- Full basement with separate laundry areas for each unit
- Partially finished attic for additional storage or flex space
- Includes off‑street parking with a large rear parking pad plus porch, private balconies, and fenced yard
Overview
The property sits on a lot of approximately 0.186 acres and includes off-street parking, including a large rear parking pad that can accommodate multiple vehicles. The listing notes quick access to Downtown Buffalo via Route 198 and Route 33, and proximity to Delaware Park.
This configuration is well-suited for buyers seeking an updated duplex/income property with separate in-unit laundry and additional bonus space in the basement and attic. The roof was completed as a full tear-off in 2026, and the overall improvements are intended to support straightforward ownership and ongoing rental use.
Local Financial Insights For Multifamily LT 5
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 | $46.9k | $15.00 |
| − Vacancy | −$2.6k | −$0.83 |
| EGI | $44.3k | $14.17 |
| − OpEx | −$13.3k | −$4.25 |
| NOI | $31.0k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.850283
- Latitude
- 42.941073
