69 Madison Avenue, Buffalo, NY 14219
- Added:
- May 2, 2026
- Days on Market:
- 44
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 69 Madison Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 5, Bedroom 1
- Exterior features
- FullyFenced
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 144801-151-620-0002-016-000
- Size
- 1,643 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4989
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1938
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies, Laminate
- Building materials
- CompositeSiding
- Roof type
- Shingle, Asphalt
Listing agent Jeannette Smith License #10401260110 (716) 997-2420
Listing office WNY Metro Roberts Realty 4124 N Buffalo St, cheektowaga, NY (716) 662-0449
Listing date May 2, 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
- Updated with recent roof, siding, electrical panel, furnace, and hot water tanks (2024‑2026).
- Two‑unit property ideal for owner‑occupancy with rental income potential.
- Located in the village of Blasdell.
- Unit 1 features 3 bedrooms.
- Unit 2 features 2 bedrooms and is very private.
- Property is fully fenced.
Overview
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 | $24.6k | $15.00 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $23.3k | $14.17 |
| − OpEx | −$7.0k | −$4.25 |
| NOI | $16.3k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.827317
- Latitude
- 42.79587
