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509 Lafayette Ave
Buffalo, NY 14222

$1,300,000 USD

Apartments For Sale • 8,810 SF

Property Details

Property Type Apartments
Total Building Size 8,810 SF
Lot Size 0.28 AC
Building Class C
Year Built 1948
Cap Rate 5.85 %

48 Transit Score

93 Walk Score

                
                    Highlights
                
                                LOCATION AND PARKING
                            
                                BRICK & FRAME BUILDING
                            
                                GOOD TENANTS

Property Flyers

LAFAYETTE SURVEY

LAFAYETTE 2024 INC:EXP

LAFAYETTE RENTS & SECURITY

Financial Summary (Actual)

Net Operating Income: $75,608 USD (2024)

Cap Rate:	5.85 %
Total Expenses:	$49,292 USD

Amenities

Laundry Facilities
Kitchen
Refrigerator
Oven
Tub/Shower
Storage Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
Buffalo (Exchange) (Empire Service - Amtrak, Maple Leaf - Amtrak, Toronto - New York - Amtrak)	9 min	-	3.5 mi
Buffalo (Depew) (Toronto - New York - VIA Rail)	17 min	-	9.3 mi
Airport	Drive	Walk	Distance
Buffalo Niagara International	18 min	-	9.9 mi
Niagara Falls International	30 min	-	17.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Dolores Sheehan 716-866-0593 Dolores Sheehan

509 Lafayette Ave Buffalo, NY 14222