Four-Unit Residential Building For
63 Pine Ridge Rd, Buffalo, NY 14211
Four-unit residential building with garages, offering great cash flow.
Type:Multifamily
Property size:
2,428 SFPrice / SF:
$123/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 8:59 pm
Property Features for 63 Pine Ridge Rd
General Information
- Standard status
- Active
- Size
- 2,428 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing agent Nick Giammusso License #10401358378 (716) 812-6333
Listing office HUNT Commercial (716) 812-6333
Listing date Nov 21, 2025
Source Huntcommercial
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 HUNT Commercial
HighLights
- Four‑unit residential apartment building provides strong cash flow.
- Includes three single‑car garage bays.
- Total of 7 bedrooms and 4 bathrooms across all units.
- Consists of two buildings with a combined 2,428 square feet.
- Offers a mix of unit types: 2‑bed/1‑bath apartments and a 1‑bed/1‑bath studio.
- Features off‑street parking and a backyard.
Overview
This property features a four-unit residential apartment building, offering potential cash flow. The property consists of two buildings with a combined total of 2,428 square feet, including 7 bedrooms and 4 bathrooms. Building 1 contains an upper and lower 2-bedroom, 1-bath apartment, and a 1-bedroom, 1-bath upper studio apartment. Building 2 features a large 2-bedroom, 1-bath apartment situated above three single-car garage bays. Off-street parking is available, and the property includes a backyard. The property is located on Pine Ridge Road near Walden Ave.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$267.7K
NOI $24,092 @ 9.00% cap · cautious / downside scenario
Moderate
$344.2K
NOI $24,092 @ 7.00% cap · market / base-case scenario
Aggressive
$481.8K
NOI $24,092 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.4k | $15.00 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $34.4k | $14.17 |
| − OpEx | −$10.3k | −$4.25 |
| NOI | $24.1k | $9.92 |
2,428 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$344.2K
$301.2K – $401.5K
NOI $24,092 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$317.0K
$277.4K – $369.8K
NOI $22,190 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$583.9K
$510.9K – $681.2K
NOI $40,872 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.796
- Latitude
- 42.9087
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit residential building with garages, offering great cash flow.
Where is this quadplex located?
The property is located at 63 Pine Ridge Rd Buffalo, NY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Four‑unit residential apartment building provides strong cash flow.; Includes three single‑car garage bays.; Total of 7 bedrooms and 4 bathrooms across all units.
