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    Updated Multi-Family Property in Buffalo Title is generated by Realmo AI

    93 Preston Road, Buffalo, NY 14215

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    Claim this Listing
    For Sale
    $299,000

    MULTI_FAMILY - Buffalo, NY

    Property size:
    1,914 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $156/SF
    Added:
    May 23, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 8 at 4:06 pm

    Property Features for 93 Preston Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4, Basement, Bedroom 2
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    143089-090-760-0005-001-000
    Size
    1,914 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4944

    Utilities

    Heating system
    Natural Gas, Forced Air, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1931
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Varies
    Building materials
    Frame

    We can help!

    Contact an agent
    Md Nabi Islam

    Listing agent Md Nabi Islam License #10401400344

    Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY

    Listing date May 23, 2026

    MLS# B1684261 Listing URL

    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

    • Two‑unit multi‑family with 4 bedrooms and 2 full bathrooms (Year built 1931)
    • Lower unit: 2 bedrooms with living/dining areas, full kitchen, and 1 full bathroom
    • Upper unit: 2 bedrooms with living/dining areas, full kitchen, 1 full bathroom, and a private balcony
    • Public water supply
    • Heating includes natural gas and forced‑air; gas water heater included

    Overview

    Located in Cheektowaga, Buffalo, this multi-family property at 93 Preston Rd, NY 14215, is a 2-unit residential building that has been beautifully maintained and extensively updated. It offers versatility for both owner-occupants and investors. The property features a total of 4 bedrooms and 2 full bathrooms. The lower unit includes 2 bedrooms, spacious living and dining areas, a full kitchen, and 1 full bathroom. The upper unit also offers 2 bedrooms, comfortable living and dining spaces, a full kitchen, 1 full bathroom, and a large private balcony. The property is situated on a lot of 0.1 acres, with a property size of 1914 square feet. Numerous updates throughout the property enhance overall efficiency, comfort, and long-term value. This property presents an excellent opportunity for both owner-occupancy and income-producing investment potential. It is conveniently located near local amenities, schools, shopping, and public transportation.

    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 $28.7k $15.00
    − Vacancy −$1.6k −$0.83
    EGI $27.1k $14.17
    − OpEx −$8.1k −$4.25
    NOI $19.0k $9.92
    1,914 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $271.3K
    $237.4K – $316.5K (±1% cap)
    NOI $18,992 @ 7.0% cap · market cap 6.35%
    Second Best
    Apartment 5plus
    $249.9K
    $218.7K – $291.6K (±1% cap)
    NOI $17,493 @ 7.0% cap · market cap 5.85%
    Theoretical Best
    Office A
    $460.3K
    $402.8K – $537.0K (±1% cap)
    NOI $32,220 @ 7.0% cap · market cap 10.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Bakery Electrical Service Kitchen & Bath Showroom Building Supply (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.795377
    Latitude
    42.925469

    FAQs

    What type of property is this?
    Duplex - Well-maintained multi-family property with updates, suitable for owner-occupants or investors.
    Where is this duplex located?
    The property is located at 93 Preston Road Buffalo, NY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Two‑unit multi‑family with 4 bedrooms and 2 full bathrooms (Year built 1931); Lower unit: 2 bedrooms with living/dining areas, full kitchen, and 1 full bathroom; Upper unit: 2 bedrooms with living/dining areas, full kitchen, 1 full bathroom, and a private balcony
    More about this property
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