Duplex with Private
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 Market12
Property Features for 93 Preston Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Basement, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
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
Electric (Heating), Forced Air, Natural Gas
Water source
Public
Amenities
private balcony
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies
Building materials
Frame
Architectural style
Other
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Md Nabi Islam · License #10401400344
(646) 410-6786
Added: Oct 17
Changed: Oct 27
Last Checked: Oct 28 at 5:06PM
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
NOI $18,992 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$249.9K
$218.7K – $291.6K
NOI $17,493 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$460.3K
$402.8K – $537.0K
NOI $32,220 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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
