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Historic Apartments in Medical Corridor
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97 Linwood Ave, Buffalo, NY 14209

Buffalo apartments with investment potential in a sought-after location.

Property Size10,969 SF
Price / SF$88.89
Days on Market667

Property Features for 97 Linwood Ave

General Information

Standard status Active
Size 10,969 SF
Class B
Total Parking Spaces 9
Property subtype Multifamily
Occupancy 80%
Investment Type Value Add
Net Operating Income $80,000

Building Details

Year Built 1900
Year Renovated 1990
Buildings 1
Stories 3
Units 12
Listing Agency: Network One Realty
Listed By: Michael F. Battaglia CCIM · License #NY 10371200173
Source: Crexi
Added: Oct 26, 2024 Changed: Aug 8 Last Checked: Aug 22 at 4:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Network One Realty

Investment Insights

Based on property information with market context.

The property at 97 Linwood Ave, Buffalo, NY, presents a real estate opportunity with 12 studio and 1-bedroom apartments. The property has an 80% leased occupancy. Electric and water are included in the rent, while gas is tenant-paid. Located in the Medical Corridor, the building is accessible via public transportation and major highways. This property includes appliances and coin-operated laundry for tenant use. The building features a historical mansion design and ample off-street parking. The property offers a "value add" opportunity for investors looking to grow their portfolio. The property size is 10969 square feet.

Key Highlights

  • Prime location in the bustling Medical Corridor of Buffalo, NY.
  • Solid investment potential with 80% leased occupancy.
  • "Value add" opportunity with potential for increased revenue.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Kitchen & Bath Showroom Butcher Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

4,267
Businesses Nearby

Demographics for 14209, NY

8,251
Population
4,729
Households
1.7
Avg Household Size
39
Median Age
46%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
8,251
Density / Sq Mi
$49,359
Median Household Income
$33,329
Median Earnings
$1,025
Median Rent
$408,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Buffalo apartments with investment potential in a sought-after location.
Where is this apartment building located?
The property is located at 97 Linwood Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Prime location in the bustling Medical Corridor of Buffalo, NY.; Solid investment potential with 80% leased occupancy.; "Value add" opportunity with potential for increased revenue.
(716) 874-3530 Call to check price and availability
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