Multifamily Housing
111 Porter Avenue Buffalo, NY 14201
Details & Description
Price: $7,950,000
    A 125 unit brick complex located directly across from the Peace Bridge atNYS I-190 ExitLot Size: 1.09 acresUnit Mix: 114 Studios and 11 one bedroomFeatures:Excellent conditionOnsite laundromat facilitiesSolid brick structure70 car parkingAdditional indoor 32 car parking for income generating car and boat storage5 minutes from Downtown BuffaloClose to D’Youville CollegeInsulated roof and windows are approximately 12 years oldSecurity system with camerasGas boiler in excellent conditionStudios rent for $650-$699 and one bedroom for $750Originally constructed as hotel in 1959 so all or part could be converted to Air BNB to service Canadian visitors to United States 
    Listing Agents
    Alan Hastings

    O: 716-886-2215
    alan@hastingscohn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    111 Porter Avenue

    Buffalo, NY 14201

    No Longer Listed
    111 Porter Avenue Buffalo, NY 14201 | for Sale | Photo 1
    Price
    $ /mo
    Description

    A 125 unit brick complex located directly across from the Peace Bridge at

    NYS I-190 Exit

    Lot Size: 1.09 acres

    Unit Mix: 114 Studios and 11 one bedroom

    Features:

    Excellent condition

    Onsite laundromat facilities

    Solid brick structure

    70 car parking

    Additional indoor 32 car parking for income generating car and boat storage

    5 minutes from Downtown Buffalo

    Close to D’Youville College

    Insulated roof and windows are approximately 12 years old

    Security system with cameras

    Gas boiler in excellent condition

    Studios rent for $650-$699 and one bedroom for $750

    Originally constructed as hotel in 1959 so all or part could be converted to Air BNB to service Canadian visitors to United States

     

    Buffalo Area Market Trends

    Listing Demographics for 111 Porter Avenue Buffalo, NY 14201

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population20,29895,965225,529
    Population Median Age343637
    Population by Age0-9 Yrs2840 (13%)11895 (12%)29099 (12%)
    10-19 Yrs2884 (14%)12171 (12%)28114 (12%)
    20-29 Yrs4015 (19%)20590 (21%)42545 (18%)
    30-39 Yrs3182 (15%)12846 (13%)31209 (13%)
    40-49 Yrs2059 (10%)9739 (10%)25020 (11%)
    50-59 Yrs2176 (10%)11203 (11%)27357 (12%)
    60-69 Yrs1803 (8%)9212 (9%)22778 (10%)
    70+ Yrs1338 (6%)8309 (8%)19407 (8%)
    Median HH Income$29,629$33,936$35,216
    Total Household Income< 24K4171 (45%)17110 (39%)37629 (38%)
    25-49K2287 (24%)10547 (24%)24927 (25%)
    50-74K1210 (13%)6060 (14%)13871 (14%)
    75-99K507 (5%)3181 (7%)8522 (8%)
    100-199K899 (9%)4582 (10%)11583 (11%)
    200K+192 (2%)1298 (3%)2248 (2%)
    Highest Education LevelNo Diploma32131159724401
    Diploma or GED28551457839359
    Some College19751134829107
    Assoc. Degree867494214445
    Bachelors Degree21301048323402
    Higher Degree1663875617846
    Total Housing Units10,65252,543118,353
    --Owner-Occupied2,56213,71239,983
    --Renter-Occupied6,70429,06658,796
    Owner-Occupied Values< 100K892626721515
    100-199K709301310142
    200-299K50217534094
    300-399K23912291946
    400-499K114610867
    500K+1068401419
    Total Working Age Population15,74177,779180,433
    In Work Force9,19945,744107,606
    Not In Work Force6,54332,03572,827
    Workforce Employed8,67442,51599,822
    Workforce Unemployed5213,1617,676
    Civlian Workforce9,19545,675107,498
    Military Workforce468108
    Total Households9,26642,77898,779
    Family Households4,02518,55049,040
    Non-Family Households5,24124,22749,739
    Married Couple1,9689,01824,127
    Other Family2,0579,53324,913
    Married w/Child1,0753,7129,127
    Single Male w/Child2069242,356
    Single Female w/Child1,1534,69111,961

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Erie County950,265-3919,040+2936,084+1949,073

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 111 Porter Avenue in Buffalo?
    The asking price for 111 Porter Avenue is $7,950,000
    What is the building size of this Multifamily property in Buffalo, NY?
    The size of the building/unit at 111 Porter Avenue in Buffalo is 50 square feet
    How much land does the Buffalo, NY property at 111 Porter Avenue include?
    111 Porter Avenue in Buffalo includes 1.090 acres of land
    What is the population within 1 mile of 111 Porter Avenue in Buffalo?
    The population within 1 mile of 111 Porter Avenue Buffalo, NY 14201 is 20,298 people.
    Who do I contact for questions about 111 Porter Avenue?
    You should contact the listing agent, Alan Hastings, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 9
    Greater Rochester International Airport (ROC) 64
    Erie International Tom Ridge Field (ERI) 86