Property profile

789 Crescent Ave Buffalo, NY 14216

OFF-MARKET
Apartment buildings
Property ID
US63-4340373
4,474 SF 0.09 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional three-unit apartment building, located at 789 Crescent Ave in Buffalo, NY, presents a compelling investment opportunity. Built in 1920, this three-story structure boasts 4,474 square feet on a 0.09-acre lot. The property features three units, each with its own in-unit laundry. Two units offer three bedrooms and one bathroom, a spacious living and dining area, a bonus sunroom/office, and refinished hardwood floors. The third unit includes two large bedrooms, a sizable living area, and an updated kitchen. Significant recent updates include nearly all new vinyl replacement windows, a 12-year-old roof, maintenance-free siding, two newer furnaces, three newer hot water tanks, new central air conditioning on the second floor, and new window AC units on the third floor. The property also benefits from separate utilities for each unit, updated kitchens and bathrooms in all units, and a recently updated basement drain tile system. Off-street parking is available. Its prime location offers easy access to Delaware Park. With a potential rental income exceeding $5,500 at full occupancy, this property is ideal for owner-occupants seeking to offset expenses or investors looking for a strong return. Detailed financial information, including cap rates, is available upon request. Showings are scheduled for specific dates and times.

Property profile

Verified
Property type Apartment buildings
Year built 1920
Total area 4,474 SF
Lot 0.09 ac (3,920 SF)
UPID US63-4340373

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

789 Crescent Ave Buffalo, NY 14216
Buffalo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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