783 Highland Avenue, Buffalo, NY 14223
- Added:
- Apr 15, 2026
- Days on Market:
- 83
- Last Refresh:
- Jul 6 at 1:06 am
Property Features for 783 Highland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Basement, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 146489-067-530-0002-006-000
- Size
- 1,636 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3989
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1946
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Hardwood
- Building materials
- Brick, VinylSiding
- Architectural style
- Other
Listing agent Dominic Schiraldi License #10301217755 (716) 909-8199
Listing office WNY Metro Roberts Realty 960 Center Rd, cheektowaga, NY (716) 891-1710
Listing date Apr 15, 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
- Extensively updated 2‑unit duplex at 783 Highland Ave in the Town of Tonawanda
- Brick‑and‑vinyl sided construction with a newer roof and vinyl windows
- Both units refreshed with newer kitchens and bathrooms
- New laminate flooring throughout and replaced refrigerators included
- Upgrades include new hot water tanks, extensive plumbing replacements, and most doors replaced
- Utilities: forced‑air natural gas heat with public water source
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 | $24.5k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $23.2k | $14.17 |
| − OpEx | −$7.0k | −$4.25 |
| NOI | $16.2k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.836526
- Latitude
- 42.974166
