Duplex for
6943 WITMER RD North Tonawanda, NY 14120
6943 WITMER RD, North Tonawanda, NY, 14120
$418,500
Pending
For Sale
$418,500
Pending
Duplex income property with 3,696 SF, positioned for convenient access to shopping, dining, schools, and major routes.
Property Size3,696 SF
Days on Market271
Property Features for 6943 WITMER RD
General Information
- Standard status
- Pending
- Size
- 3,696 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1986
Listing agency
(716) 598-7257
Listed by
Towne Housing Real Estate
(716) 598-7257
Source
Xome
Added: Oct 25, 2025 Updated: Jul 22 at 5:02AM Checked: Jul 22 at 5:02AM
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 Towne Housing Real Estate
Investment Insights
Based on property information with market context.
6943 Witmer Rd is a duplex-style residential income property offering 3,696 SF of space. It presents an opportunity for buyers to take ownership and manage the property as a project or as part of an investment portfolio.
The property is located in North Tonawanda and described as convenient to nearby shopping, dining, schools, and major routes, supporting practical everyday access while maintaining a residential setting.
Interested parties should review the property for their intended use and confirm details directly with the listing broker, including the specific layout and condition of the improvements.
The property is located in North Tonawanda and described as convenient to nearby shopping, dining, schools, and major routes, supporting practical everyday access while maintaining a residential setting.
Interested parties should review the property for their intended use and confirm details directly with the listing broker, including the specific layout and condition of the improvements.
Key Highlights
- Duplex income property with 3,696 SF
- Year built 1986
- Brick exterior with brick wall fencing
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 | $49.7k | $13.44 |
| − Vacancy | −$3.3k | −$0.89 |
| EGI | $46.4k | $12.55 |
| − OpEx | −$13.9k | −$3.76 |
| NOI | $32.5k | $8.78 |
3,696 SF · lease $13.44/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$463.7K
$405.8K – $541.0K
NOI $32,460 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$411.6K
$360.1K – $480.2K
NOI $28,811 @ 7.0% cap · market cap 6.88%
Theoretical Best
Warehouse
$3.14M
$2.75M – $3.66M
NOI $219,833 @ 7.0% cap · market cap 52.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex income property with 3,696 SF, positioned for convenient access to shopping, dining, schools, and major routes.
Where is this duplex located?
The property is located at 6943 WITMER RD North Tonawanda, NY.
What is the asking price?
The asking price for this property is $418,500.
What are key features of this property?
This property features: Duplex income property with 3,696 SF; Year built 1986; Brick exterior with brick wall fencing
