Multifamily Housing
375 Richmond Avenue Buffalo, NY 14222
Details & Description
Price: $675,000
     375 Richmond Avenue Buffalo NYFive Unit Apartment Complex, 2 one bedroom, 2 two bedroom and 1 three bedroom Lot Size: 45 x 140Building Size: 4374 sq. ft.Features:Hardwood floorsOff street parking for 8-10 carsFull basementNewer paint and roofSmall porch in rearNew windows throughoutSprinkleredCertificate of Occupancy 4 years oldOwner may hold mortgageIncome: $72,660 Expense $24,595 NOI $48,065 Capitalization Rate: 7.12%
    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.

    375 Richmond Avenue

    Buffalo, NY 14222

    Listing ID: 190692
    375 Richmond Avenue Buffalo, NY 14222 | for Sale | Photo 1
    Building Size: 4,374 SF
    Lot Size: 0.161 AC
    Land Size: 7,000 SF
    Building $/SF: $154.32
    Land $/SF: $96.43
    Price
    $675,000
    Description

     375 Richmond Avenue Buffalo NY

    Five Unit Apartment Complex, 2 one bedroom, 2 two bedroom and 1 three bedroom

    Lot Size: 45 x 140

    Building Size: 4374 sq. ft.

    Features:

    Hardwood floors

    Off street parking for 8-10 cars

    Full basement

    Newer paint and roof

    Small porch in rear

    New windows throughout

    Sprinklered

    Certificate of Occupancy 4 years old

    Owner may hold mortgage

    Income: $72,660 Expense $24,595 NOI $48,065 Capitalization Rate: 7.12%

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Buffalo History of Multifamily Housing for Sale

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    Buffalo Area Market Trends

    Listing Demographics for 375 Richmond Avenue Buffalo, NY 14222

    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 Population39,013135,935289,029
    Population Median Age363637
    Population by Age0-9 Yrs4262 (10%)17036 (12%)36726 (12%)
    10-19 Yrs3830 (9%)17119 (12%)36253 (12%)
    20-29 Yrs9321 (23%)28072 (20%)53397 (18%)
    30-39 Yrs6412 (16%)18651 (13%)39048 (13%)
    40-49 Yrs4105 (10%)14436 (10%)32457 (11%)
    50-59 Yrs4307 (11%)15881 (11%)35964 (12%)
    60-69 Yrs3609 (9%)13254 (9%)29854 (10%)
    70+ Yrs3167 (8%)11485 (8%)25330 (8%)
    Median HH Income$40,788$34,621$38,315
    Total Household Income< 24K5968 (31%)23303 (38%)44460 (35%)
    25-49K5002 (26%)14936 (24%)31346 (25%)
    50-74K3002 (15%)8216 (13%)18846 (15%)
    75-99K1613 (8%)4682 (7%)12021 (9%)
    100-199K2564 (13%)6906 (11%)15645 (12%)
    200K+729 (3%)1718 (2%)3008 (2%)
    Highest Education LevelNo Diploma45141538927726
    Diploma or GED48672144250723
    Some College41761655338260
    Assoc. Degree2038759019038
    Bachelors Degree58251504930885
    Higher Degree56871238423909
    Total Housing Units22,62972,881147,554
    --Owner-Occupied5,85020,86356,682
    --Renter-Occupied13,02738,89868,643
    Owner-Occupied Values< 100K1622981128363
    100-199K1539469818268
    200-299K114429585266
    300-399K82815932268
    400-499K336706966
    500K+38110961550
    Total Working Age Population32,391109,707232,199
    In Work Force21,04064,958140,117
    Not In Work Force11,35144,74992,082
    Workforce Employed20,10760,549130,249
    Workforce Unemployed9074,3349,713
    Civlian Workforce21,01464,883139,962
    Military Workforce2775155
    Total Households18,87759,761125,325
    Family Households7,02527,61764,597
    Non-Family Households11,85232,14460,728
    Married Couple4,24213,61533,597
    Other Family2,78314,00231,000
    Married w/Child1,8115,54612,562
    Single Male w/Child3061,2942,911
    Single Female w/Child1,2076,64314,769

    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 375 Richmond Avenue in Buffalo?
    The asking price for 375 Richmond Avenue is $675,000
    What is the building size of this Multifamily property in Buffalo, NY?
    The size of the building/unit at 375 Richmond Avenue in Buffalo is 4,374 square feet
    How much land does the Buffalo, NY property at 375 Richmond Avenue include?
    375 Richmond Avenue in Buffalo includes 0.161 acres of land
    What is the population within 1 mile of 375 Richmond Avenue in Buffalo?
    The population within 1 mile of 375 Richmond Avenue Buffalo, NY 14222 is 39,013 people.
    Who do I contact for questions about 375 Richmond Avenue?
    You should contact the listing agent, Alan Hastings, for any details regarding this commercial listing.

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    2379 Eggert Road, Tonawanda, NY $999,999 7136 0.18
    915 Niagara Avenue, Niagara Falls, NY CALL 198000 20
    17-21 Elm Street, East Aurora, NY $1,000,000 12000 0.2

    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 8
    Greater Rochester International Airport (ROC) 63
    Erie International Tom Ridge Field (ERI) 87