Brick Duplex With
For Sale
$274,900
43 Hawthorne Ave, Kenmore, NY 14223
Two-unit brick property with a private driveway, two-car garage, and one vacant apartment.
Property Size2,464 SF
Price / SF$111.57
Days on Market47
Property Features for 43 Hawthorne Ave
General Information
Standard status
Active
Size
2,464 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Amenities
private driveway
two-car garage
full basement
Building Details
Year Built
1933
Buildings
1
Construction
brick
Listing Agency:
WNY Metro Roberts Realty
Listed By:
Hope Young-Watkins · License #10301214009
(716) 523-1158
Source:
Skinnercnyrealty
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 7 at 1:44PM
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 1933 brick duplex includes two residential units, a private driveway, a two-car garage, and a full basement for storage or additional use. Both apartments offer two bedrooms. The first-floor unit is occupied by a tenant, while the upper apartment is vacant, providing a flexible configuration for an owner-occupant or investor.
The property is located in Kenilworth near Niagara Falls Boulevard and Kenmore Avenue, with shopping, dining, schools, and major transportation routes in the surrounding area. Improvements include a garage door installed in May 2026, two steam boilers that are within 10 years, a tear-off roof completed in 2014, and electrical service panels updated in 2010.
The property is located in Kenilworth near Niagara Falls Boulevard and Kenmore Avenue, with shopping, dining, schools, and major transportation routes in the surrounding area. Improvements include a garage door installed in May 2026, two steam boilers that are within 10 years, a tear-off roof completed in 2014, and electrical service panels updated in 2010.
Key Highlights
- Two‑unit brick duplex built in 1933
- Two 2‑bedroom units; first‑floor apartment is tenant‑occupied and upper unit is vacant
- Private driveway and two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,449
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,980
$489.0K
Cap Rate 7%
$349,271
$349.3K
Cap Rate 9%
$271,656
$271.7K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$37.0K $15.00/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$34.9K $14.17/SF
− OpEx
−$10.5K −$4.25/SF
NOI
$24.4K $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%
$488,980
Cap Rate 7%
$349,271
Cap Rate 9%
$271,656
Alternative Uses
Best Use
Multifamily LT 5
$349.3K
$305.6K – $407.5K
NOI $24,449 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$321.7K
$281.5K – $375.3K
NOI $22,519 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$592.5K
$518.5K – $691.3K
NOI $41,478 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
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Business Placement
Demographics for 14223, NY
22,658
Population
10,586
Households
2.1
Avg Household Size
41
Median Age
44%
College-Educated
97%
High-School Grad
3.5 sq mi
ZIP Area
6,474
Density / Sq Mi
$83,528
Median Household Income
$49,835
Median Earnings
$976
Median Rent
$202,200
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-unit brick property with a private driveway, two-car garage, and one vacant apartment.
Where is this duplex located?
The property is located at 43 Hawthorne Ave Kenmore, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1933; Two 2‑bedroom units; first‑floor apartment is tenant‑occupied and upper unit is vacant; Private driveway and two‑car garage
