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108 Buffalo St 5 Unit Apartment Building Offered at $699,000 at a 6.02% Cap Rate Hamburg, NY 14075
Investment Highlights
- Prime Village Location
- Strong Rental Demand
Executive Summary
As the exclusive agent, Cushman & Wakefield | Pyramid Brokerage Company is pleased to offer 108 Buffalo Street, a 5-unit multifamily investment opportunity located in the Village of Hamburg. The property presents investors with the opportunity to acquire a well-located asset in one of Western New York's most desirable suburban communities. Residents benefit from convenient access to a variety of restaurants, retail amenities, parks, and everyday services throughout the Village and surrounding Southtowns. The offering provides the potential for continued rental growth and long-term value creation, supported by the Village of Hamburg's strong housing demand, limited multifamily inventory, and proximity to major employment centers throughout the greater Buffalo metropolitan area.
Property Facts
| Price | $699,000 | Property Type | |
| Price Per Unit | $139,800 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 5,020 SF |
| Cap Rate | 6.02% | No. Stories | 2 |
| No. Units | 5 | Year Built | 1910 |
| Price | $699,000 |
| Price Per Unit | $139,800 |
| Sale Type | Investment |
| Cap Rate | 6.02% |
| No. Units | 5 |
| Property Type | |
| Lot Size | 0.34 AC |
| Building Size | 5,020 SF |
| No. Stories | 2 |
| Year Built | 1910 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 2 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 144803-196-050-0007-013-000 | Improvements Assessment | $91,000 |
| Land Assessment | $44,000 | Total Assessment | $135,000 |
Property Taxes
Parcel Number
144803-196-050-0007-013-000
Land Assessment
$44,000
Improvements Assessment
$91,000
Total Assessment
$135,000
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108 Buffalo St
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