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Duplex with Private Balcony
New
For Sale
$275,000

93 Preston Road, Buffalo, NY 14215

Residential, Buffalo, NY

Property Size1,914 SF
Lot Size0.10 Acres
Price / SF$143.68
Days on Market1

Property Features for 93 Preston Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Appliances GasWaterHeater
Subdivision Holland Land Company's Su
Lot features Near Public Transit, Rectangular, Rectangular Lot
Elementary school district Cheektowaga
Middle school district Cheektowaga
High school district Cheektowaga
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, Electric (Heating), Forced Air
Water source Public

Amenities

private balcony

Building Details

Year built 1931
Floors in Building 2
Number of units 2
Flooring type Varies, Hardwood
Building materials Frame
Architectural style Other
Listing Agency: Keller Williams Realty WNY
Listed By: Md Nabi Islam · License #10401400344
Added: Oct 17 Last Checked: Oct 17 at 7:06PM
MLS# B1722754

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 1,914-square-foot duplex contains two apartments, each arranged with two bedrooms, one full bathroom, a kitchen, and living and dining areas. The upper apartment has a private balcony. The property occupies a 0.1-acre lot and was built in 1931. Frame construction, hardwood flooring in some areas, and public water service are noted.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 full bathroom
  • Upper apartment includes a private balcony
  • 1,914‑square‑foot building on a 0.1‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,992
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,840 $379.8K
Cap Rate 7%
$271,314 $271.3K
Cap Rate 9%
$211,022 $211.0K
Market Conditions
NOI Build-Up for 1,914 SF
Gross rent
$28.7K $15.00/SF
− Vacancy
−$1.6K −$0.83/SF
EGI
$27.1K $14.17/SF
− OpEx
−$8.1K −$4.25/SF
NOI
$19.0K $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%
$379,840
Cap Rate 7%
$271,314
Cap Rate 9%
$211,022

Alternative Uses

Best Use
Multifamily LT 5
$271.3K
$237.4K – $316.5K (±1% cap)
NOI $18,992 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$249.9K
$218.7K – $291.6K (±1% cap)
NOI $17,493 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$460.3K
$402.8K – $537.0K (±1% cap)
NOI $32,220 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 14215, NY

42,447
Population
19,203
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,843
Density / Sq Mi
$43,326
Median Household Income
$29,204
Median Earnings
$993
Median Rent
$102,800
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 - Two matching apartments provide two bedrooms, a bathroom, a kitchen, and living and dining areas apiece.
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 $275,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; Upper apartment includes a private balcony; 1,914‑square‑foot building on a 0.1‑acre lot
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