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Renovated Brick Duplex with Garages
For Sale
$869,900
Pending

739 Lafayette Avenue, Buffalo, NY 14222

Residential, Buffalo, NY

Property Size3,638 SF
Days on Market51

Property Features for 739 Lafayette Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 5, Basement
Parking features Garage, Open
Patio and Porch features Porch, Patio, Deck
Interior features Attic, CeilingFans, Storage, NaturalWoodwork, ProgrammableThermostat
Exterior features Deck, FullyFenced, Patio
Fencing Fenced
Fireplace 1
Appliances GasWaterHeater
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Delaware Ave or Elmwood Ave to Lafayette Ave
Subdivision Buffalo City-140200
Standard status Pending
APN 140200-100-220-0001-079-000
Size 3,638 SF

Taxes and HOA fees

Tax Annual Amount 7244

Utilities

Heating system Zoned, Other (Heating), Natural Gas, Forced Air
Cooling system Central Air, Zoned
Water source Public

Amenities

front porch
rear deck
rear patio
fenced yard
basement billiard room
gas fireplaces
hardwood floors

Building Details

Year built 1900
Floors in Building 3
Number of units 2
Flooring type Varies, Hardwood, Tile
Building materials Brick, CompositeSiding, CopperPlumbing, PexPlumbing
Roof type Slate, Tile
Architectural style Other
Additional Structures Storage
Buildings 1
Listing Agency: Gurney Becker & Bourne
Listed By: Robert L Meredith · License #10311200417
Added: Sep 10 Changed: Oct 23 Last Checked: Oct 30 at 5:06PM
MLS# B1679881

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.

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Investment Insights

Based on property information with market context.

This 1900 brick duplex combines two distinct residences with substantial living areas and period architectural details. The first-floor apartment includes two bedrooms, 1.5 baths, central air, a front porch, rear deck, updated kitchen, family room, formal living and dining rooms, den, and basement access. The upper residence spans two stories and includes two bedrooms, 2.5 baths, a den, private porch, updated kitchen with cherry cabinetry and stainless-steel appliances, and a primary suite with sunroom, sitting room, and en-suite bath.

Interior character includes oak hardwood flooring, natural woodwork, mahogany details, pocket doors, leaded and stained-glass windows, three gas fireplaces, and coffered ceilings. The property also features a slate roof, two-car garage, fenced yard, rear patio, basement billiard room, and public water. Mechanical improvements include a 2024 boiler and 2022 HVAC systems. Located in Buffalo's Delaware District, the property offers a flexible duplex configuration with updated residential infrastructure and multiple outdoor spaces.

Key Highlights

  • Two‑residence duplex with separate first‑floor and two‑story upper living spaces
  • 1900 brick construction with slate roof, oak hardwood floors, and mahogany detailing
  • Two‑car garage, fenced yard, front porches, rear deck, and patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,098
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,960 $722.0K
Cap Rate 7%
$515,686 $515.7K
Cap Rate 9%
$401,089 $401.1K
Market Conditions
NOI Build-Up for 3,638 SF
Gross rent
$54.6K $15.00/SF
− Vacancy
−$3.0K −$0.83/SF
EGI
$51.6K $14.17/SF
− OpEx
−$15.5K −$4.25/SF
NOI
$36.1K $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%
$721,960
Cap Rate 7%
$515,686
Cap Rate 9%
$401,089

Alternative Uses

Best Use
Multifamily LT 5
$515.7K
$451.2K – $601.6K (±1% cap)
NOI $36,098 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$475.0K
$415.6K – $554.2K (±1% cap)
NOI $33,249 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$874.9K
$765.5K – $1.02M (±1% cap)
NOI $61,241 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,432
Businesses Nearby

Demographics for 14222, NY

13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
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

Frequently Asked Questions

What type of property is this?
Duplex - Historic two-story duplex with separate residences, period detailing, updated kitchens and baths, outdoor areas, and modern mechanical systems.
Where is this duplex located?
The property is located at 739 Lafayette Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $869,900.
What are key features of this property?
This property features: Two‑residence duplex with separate first‑floor and two‑story upper living spaces; 1900 brick construction with slate roof, oak hardwood floors, and mahogany detailing; Two‑car garage, fenced yard, front porches, rear deck, and patio
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