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Furnished Six-Unit Apartment Building
For Sale
$850,000

67 Harvard Pl, Buffalo, NY 14209

Fully furnished multifamily property with laundry equipment, basement storage, a rear garage, and an additional lot.

Property Size5,471 SF
Price / SF$155.36
Days on Market75

Property Features for 67 Harvard Pl

General Information

Standard status Active
Size 5,471 SF
Property subtype Multi-Family

Additional Details

Furnished Yes
Multifamily Units 6

Amenities

washer/dryer
basement storage

Building Details

Year Built 1930
Listing Agency: WNY Metro Roberts Realty
Listed By: Shannon G Szalay · License #10401311154
Source: Thejoshjamesteam
Added: Aug 1 Changed: Sep 2 Last Checked: Oct 7 at 12:53PM

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

Investment Insights

Based on property information with market context.

This six-unit apartment building offers 5,471 square feet of furnished residential space in a 1930-built property that has been redone throughout. Furnishings include high-end leather pieces, while washers, dryers, and toiletries are provided. Each tenant has dedicated storage space in the basement, and a large garage is located at the rear.

An additional lot next door is included with the property. The building is located at 67 Harvard Pl in Buffalo, directly in the Canisius College area, providing a college-adjacent setting for this furnished multifamily asset.

Key Highlights

  • Six‑unit apartment building with 5,471 square feet
  • Fully furnished with high‑end leather furnishings
  • Washers, dryers, and toiletries included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,001
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,020 $1.0M
Cap Rate 7%
$714,300 $714.3K
Cap Rate 9%
$555,567 $555.6K
Market Conditions
NOI Build-Up for 5,471 SF
Gross rent
$95.2K $17.40/SF
− Vacancy
−$4.3K −$0.78/SF
EGI
$90.9K $16.62/SF
− OpEx
−$40.9K −$7.48/SF
NOI
$50.0K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,020
Cap Rate 7%
$714,300
Cap Rate 9%
$555,567

Alternative Uses

Best Use
Apartment 5plus
$714.3K
$625.0K – $833.4K (±1% cap)
NOI $50,001 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M (±1% cap)
NOI $92,097 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Carpet & Flooring Store Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,113
Businesses Nearby

Demographics for 14209, NY

8,251
Population
4,729
Households
1.7
Avg Household Size
39
Median Age
46%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
8,251
Density / Sq Mi
$49,359
Median Household Income
$33,329
Median Earnings
$1,025
Median Rent
$408,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully furnished multifamily property with laundry equipment, basement storage, a rear garage, and an additional lot.
Where is this apartment building located?
The property is located at 67 Harvard Pl Buffalo, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Six‑unit apartment building with 5,471 square feet; Fully furnished with high‑end leather furnishings; Washers, dryers, and toiletries included
More about this property
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