4-Unit Brick Apartment
73 Bryant Street, Buffalo, NY 14209
For Sale
$874,900
The vacant building has separate utilities, basement laundry, and off-street parking.
Property Size4,252 SF
Days on Market8
Property Features for 73 Bryant Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
laundry in basement
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
HUNT Real Estate ERA
Listed By:
Cynthia A VanDusen · License NY 40VA1095182
(716) 531-1577
Source:
Highfallssir
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 4:08PM
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 Real Estate ERA
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Investment Insights
Based on property information with market context.
This two-story brick apartment property contains four vacant units: two one-bedroom apartments and two two-bedroom apartments. Separate utilities serve the units, and laundry facilities are located in the basement. Off-street parking is also available.
Built in 1950, the property is located at 73 Bryant Street in Buffalo, New York.
Built in 1950, the property is located at 73 Bryant Street in Buffalo, New York.
Key Highlights
- Four units: two one‑bedroom apartments and two two‑bedroom apartments
- Two‑story brick construction, built in 1950
- Separate utilities for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,190
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,800
$843.8K
Cap Rate 7%
$602,714
$602.7K
Cap Rate 9%
$468,778
$468.8K
Market Conditions
NOI Build-Up for 4,252 SF
Gross rent
$63.8K $15.00/SF
− Vacancy
−$3.5K −$0.83/SF
EGI
$60.3K $14.17/SF
− OpEx
−$18.1K −$4.25/SF
NOI
$42.2K $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%
$843,800
Cap Rate 7%
$602,714
Cap Rate 9%
$468,778
Alternative Uses
Best Use
Multifamily LT 5
$602.7K
$527.4K – $703.2K
NOI $42,190 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$555.2K
$485.8K – $647.7K
NOI $38,861 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.02M
$894.7K – $1.19M
NOI $71,576 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,383
Businesses Nearby
Explore this area
Business Placement
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
$408,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Buffalo, NY
Properties on Market for Quadplexes in Buffalo
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The vacant building has separate utilities, basement laundry, and off-street parking.
Where is this quadplex located?
The property is located at 73 Bryant Street Buffalo, NY.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Four units: two one‑bedroom apartments and two two‑bedroom apartments; Two‑story brick construction, built in 1950; Separate utilities for the units
