Duplex with Covered
New
For Sale
$272,500
66 Vernon Place, Buffalo, NY 14214
Residential, Buffalo, NY
Property Size2,276 SF
Lot Size0.10 Acres
Price / SF$119.73
Days on Market3
Property Features for 66 Vernon Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Basement, Bedroom 1, Bedroom 3
Patio and Porch features
Porch
Interior features
CeilingFans
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Buffalo
Middle school district
Buffalo
High school district
Buffalo
Subdivision
Buffalo City-140200
Standard status
Active
APN
140200-089-360-0001-008-000
Size
2,276 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
2318
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Wall Unit(s)
Water source
Public
Amenities
covered front porch
hardwood flooring
classic woodwork
spacious attic
full basement
separate gas and electric meters
two furnaces
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies
Building materials
VinylSiding
Roof type
Asphalt
Listing Agency:
WNY Metro Roberts Realty
(716) 891-1710
Listed By:
Walter Mysiak · License #10401360851
(716) 807-7677
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 8 at 12:06AM
MLS# B1720480
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 2,276-square-foot duplex contains two three-bedroom units, each with one full bathroom. Interior features include hardwood flooring, original woodwork, and a covered front porch. A full basement and attic provide additional storage space, while a two-car garage offers off-street parking. The property also has separate gas and electric meters and two furnaces.
Recent and other reported improvements include a complete tear-off roof approximately 1.5 years ago, updated bathrooms, newer kitchen and bathroom windows, glass block basement windows, two newer hot water tanks, and electrical updates. The home was built in 1920 and sits on a 0.1033-acre lot in Buffalo’s North Buffalo/Parkside area. Shops, restaurants, parks, and entertainment are nearby, with access to Hertel Avenue, Delaware Avenue, and Downtown Buffalo.
Recent and other reported improvements include a complete tear-off roof approximately 1.5 years ago, updated bathrooms, newer kitchen and bathroom windows, glass block basement windows, two newer hot water tanks, and electrical updates. The home was built in 1920 and sits on a 0.1033-acre lot in Buffalo’s North Buffalo/Parkside area. Shops, restaurants, parks, and entertainment are nearby, with access to Hertel Avenue, Delaware Avenue, and Downtown Buffalo.
Key Highlights
- Two‑unit duplex with 2,276 square feet and six bedrooms
- Each unit has three bedrooms and one full bathroom
- Two‑car garage, full basement, attic, and covered front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,584
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,680
$451.7K
Cap Rate 7%
$322,629
$322.6K
Cap Rate 9%
$250,933
$250.9K
Market Conditions
NOI Build-Up for 2,276 SF
Gross rent
$34.1K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$32.3K $14.17/SF
− OpEx
−$9.7K −$4.25/SF
NOI
$22.6K $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%
$451,680
Cap Rate 7%
$322,629
Cap Rate 9%
$250,933
Alternative Uses
Best Use
Multifamily LT 5
$322.6K
$282.3K – $376.4K
NOI $22,584 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$297.2K
$260.0K – $346.7K
NOI $20,801 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$547.3K
$478.9K – $638.6K
NOI $38,313 @ 7.0% cap · market cap 14.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
Demographics for 14214, NY
20,732
Population
9,280
Households
2.2
Avg Household Size
32
Median Age
46%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
6,282
Density / Sq Mi
$56,573
Median Household Income
$29,928
Median Earnings
$1,072
Median Rent
$234,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences have separate gas and electric meters and individual furnaces.
Where is this duplex located?
The property is located at 66 Vernon Place Buffalo, NY.
What is the asking price?
The asking price for this property is $272,500.
What are key features of this property?
This property features: Two‑unit duplex with 2,276 square feet and six bedrooms; Each unit has three bedrooms and one full bathroom; Two‑car garage, full basement, attic, and covered front porch
