Multi-family
559 Tonawanda St · Buffalo, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 3/10 · Minor
- Hot days now (above 93°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 9 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Rent growth +4.5/5.0
- Schools +3.9/10.0
- Livability +3.9/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$130,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Welcome to 559 Tonawanda. A great opportunity for an owner occupant or investor. This is a beautifully maintained fully rented income-generating multi-family property. Professionally managed and cared for, with a tenant that is happy and would like to stay as would the property management. Grab this deal and start making a profit as soon as it closes. Property is being sold as-is.
Key facts
- Durable vinyl siding
- Expansive front area
- Well-maintained roof
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath multifamily listed at $130k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $663 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $130k).
- Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
- Cap rate 12.4% vs local median 6.9% in Buffalo — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#195 in NY, #3,011 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime F, employment D-.
- Buffalo City School District (urban): math 41% / reading 40% proficiency, ranked #535 of 590 in NY (top 91%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: International School (math 8% / reading 17%, grade F, #2,048 of 2,108 statewide, top 97%, 981 students, 92% FRL); Hutchinson Central Technical High School (math 96% / reading 32%, grade B-, #807 of 1,100 statewide, top 73%, 1,175 students, 78% FRL).
- Market conditions: Rents rising fast (+8.2%/yr); 306 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals lingering (median 94d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 69% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
- At $1,976/mo this rent would consume 60% of the median local household income ($40k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 8.0% rent growth), your $36k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 90 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $66k; list at $130k implies a 98% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.52% ✓
- Cap rate
- 12.41%
- Cash-on-cash
- 21.85%
- DSCR
- 1.97
- GRM
- 5.5
CMA / ARV
- ARV (median comp)
- $269,396
- List price
- $130,000
- Delta
- -51.74%
- Verdict
- UNDERPRICED
- Comps
- 1 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 75 Mayer Ave | 0.39mi | 3/1.0 | 810 (+1%) | 6mo | $129,000 | $159 | 71 |
| 93 Austin St | 0.40mi | 3/1.0 | 761 (-5%) | 2mo | $58,500 | $77 | 67 |
| 63 Briggs Ave | 0.52mi | 3/1.0 | 974 (+21%) | 4mo | $180,000 | $185 | 44 |
| 268 Riverside Ave | 0.54mi | 3/1.0 | 936 (+16%) | 8mo | $150,000 | $160 | 39 |
| 487 Tremaine Ave | 1.26mi | 3/1.0 | 864 (+8%) | 14mo | $187,000 | $216 | 37 |
| 5 Ruhl Ave | 0.94mi | 3/1.0 | 964 (+20%) | 3mo | $234,100 | $243 | 33 |
| 118 Ledger St | 1.33mi | 3/1.0 | 960 (+19%) | 5mo | $229,000 | $239 | 32 |
| 153 Garner Ave | 1.48mi | 2/1.0 (-1) | 864 (+8%) | 15mo | $70,653 | $82 | 31 |
| 281 W Hazeltine Ave | 1.46mi | 2/1.0 (-1) | 700 (-13%) | 5mo | $155,000 | $221 | 30 |
| 108 Argus St | 1.13mi | 3/1.0 | 993 (+24%) | 10mo | $40,000 | $40 | 28 |
| 34 Race St | 0.76mi | 2/1.0 (-1) | 960 (+19%) | 7mo | $158,500 | $165 | 25 |
| 55 Elmhurst Pl | 1.25mi | 2/1.5 (-1) | 912 (+13%) | 14mo | $205,000 | $225 | 24 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 20.1%
- Equity multiple
- 1.87×
- Total profit
- $31,611
- Equity at exit
- $19,383
- IRR
- 31.5%
- Equity multiple
- 4.56×
- Total profit
- $129,520
- Equity at exit
- $11,240
Cash invested: $36,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 14207
- Home prices YoY
- -18.9%
- Rents YoY
- 8.2%
- Active inventory
- 306
- Price-to-rent
- 11.0×
Monthly cashflow live
- Estimated rent
- $1,976 medium interval (Pro) →
- Mortgage (P&I)
- −$682
- Tax est. 1.5%
- −$162 /mo · $1,950/yr
- Insurance
- −$54
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$415
- Net cashflow
- $663
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 1 | 1 | $1,976 |
| #1 | 1 | 1 | $988 |
| #2 | 1 | 1 | $988 |
| Total (2 units) | $1,976 | ||
Break-even live
Sensitivity live
| Price | -10% $752 | -5% $708 | +0% $663 | +5% $618 | +10% $573 |
|---|---|---|---|---|---|
| Rent | -10% $507 | -5% $585 | +0% $663 | +5% $741 | +10% $819 |
| Rate | -1.0pp $728 | -0.5pp $696 | base $663 | +0.5pp $629 | +1.0pp $595 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $32,500
- Closing costs
- $3,900
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 125 Hertel Ave Unit 4 Buffalo, NY | 1.0 | 1.0 | 450 | $925 | $2.06 | 110d | 1 | 0.17mi |
| 56 Peoria St Buffalo, NY | 2.0 | 1.0 | — | $1,250 | — | 7d | 1 | 0.19mi |
| 215 Thompson St Buffalo, NY | 1.0 | 1.0 | 700 | $800 | $1.14 | 99d | 1 | 0.28mi |
| 27 Garfield St Buffalo, NY | 1.0 | 1.0 | 1850 | $1,200 | $0.65 | 139d | 1 | 0.28mi |
| 356 Hertel Ave Unit 302 Buffalo, NY | 2.0 | 1.5 | — | $1,875 | — | 93d | 1 | 0.28mi |
| 49 Progressive Ave Unit Lower Buffalo, NY | 2.0 | 1.0 | 1242 | $1,650 | $1.33 | 0d | 1 | 0.29mi |
| 49 Progressive Ave #2 Buffalo, NY | 2.0 | 1.0 | 1242 | $1,250 | $1.01 | 10d | 1 | 0.29mi |
| 336 East St Buffalo, NY | 1.0 | 1.0 | 795 | $975 | $1.23 | 76d | 1 | 0.31mi |
| 336 East St Apt 6 Buffalo, NY | 1.0 | 1.0 | 795 | $975 | $1.23 | 67d | 1 | 0.31mi |
| 356 Hertel Ave Buffalo, NY | 2.0 | 1.5 | 800 | $2,300 | $2.88 | 98d | 1 | 0.32mi |
| 2125 Niagara St Buffalo, NY | 2.0 | 1.0 | 1084 | $1,175 | $1.08 | 10d | 1 | 0.32mi |
| 2099 Niagara St Unit A Buffalo, NY | 2.0 | 1.0 | 1000 | $1,197 | $1.20 | 139d | 1 | 0.33mi |
| 289 Austin St Buffalo, NY | 2.0 | 1.0 | — | $1,000 | — | 117d | 1 | 0.36mi |
| 324 Austin St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 10d | 1 | 0.38mi |
| 105 Mayer Ave Buffalo, NY | 2.0 | 1.0 | — | $1,195 | — | 7d | 1 | 0.39mi |
| 19 Heward Ave Buffalo, NY | 2.0 | 1.0 | — | $975 | — | 117d | 1 | 0.46mi |
| 1073 Grant St Unit 21 Buffalo, NY | 1.0 | 1.0 | — | $995 | — | 119d | 1 | 0.46mi |
| 1073 Grant St #22 Buffalo, NY | 2.0 | 1.0 | — | $1,050 | — | 58d | 1 | 0.46mi |
| 1073 Grant St Unit 27 Buffalo, NY | 2.0 | 1.0 | — | $1,050 | — | 139d | 1 | 0.46mi |
| 1073 Grant St Unit 25 Buffalo, NY | 1.0 | 1.0 | — | $995 | — | 139d | 1 | 0.46mi |
| 155 Germain St Apt 1 Buffalo, NY | 2.0 | 1.0 | 1000 | $975 | $0.97 | 82d | 1 | 0.54mi |
| 238 Amherst St Buffalo, NY | 1.0 | 1.0 | — | $925 | — | 139d | 1 | 0.56mi |
| 1920 Niagara St Unit 1 Buffalo, NY | 2.0 | 1.0 | 695 | $999 | $1.44 | 139d | 1 | 0.57mi |
| 134 Peter St Buffalo, NY | 1.0 | 1.0 | — | $950 | — | 119d | 1 | 0.59mi |
| 68 Laforce Pl Unit U Buffalo, NY | 2.0 | 1.0 | 900 | $1,099 | $1.22 | 139d | 1 | 0.60mi |
| 104 Grote St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 98d | 1 | 0.62mi |
| 239 Crowley Ave Buffalo, NY | 2.0 | 1.0 | 966 | $1,025 | $1.06 | 99d | 1 | 0.65mi |
| 57 Riverside Ave Buffalo, NY | 2.0 | 1.0 | — | $1,000 | — | 98d | 1 | 0.66mi |
| 31 Riverside Ave Buffalo, NY | 2.0 | 1.0 | 1762 | $1,200 | $0.68 | 88d | 1 | 0.66mi |
| 93 Peter St Unit F Buffalo, NY | 2.0 | 1.0 | 950 | $999 | $1.05 | 10d | 1 | 0.67mi |
| 68 Peter St Buffalo, NY | 2.0 | 1.0 | 900 | $900 | $1.00 | 119d | 1 | 0.68mi |
| 101 Howell St Buffalo, NY | 2.0 | 1.0 | — | $1,100 | — | 88d | 1 | 0.70mi |
| 63 Crowley Ave Unit Lower Buffalo, NY | 2.0 | 1.0 | 1000 | $1,000 | $1.00 | 7d | 1 | 0.71mi |
| 169 Grote St Unit U Buffalo, NY | 2.0 | 1.0 | 902 | $999 | $1.11 | 10d | 1 | 0.75mi |
| 941 Tonawanda St Unit 933 UPPER Buffalo, NY | 2.0 | 1.0 | — | $1,200 | — | 139d | 1 | 0.75mi |
| 941 Tonawanda St Buffalo, NY | 1.0 | 1.0 | 600 | $995 | $1.66 | 10d | 1 | 0.76mi |
| 37 Holmes St Buffalo, NY | 1.0 | 1.0 | 900 | $1,095 | $1.22 | 110d | 1 | 0.76mi |
| 20 Marion St Unit 3 Buffalo, NY | 2.0 | 1.0 | — | $1,025 | — | 119d | 1 | 0.79mi |
| 522 Amherst St Unit 1 Buffalo, NY | 2.0 | 1.0 | 1500 | $1,325 | $0.88 | 67d | 1 | 0.79mi |
| 31 Page St Buffalo, NY | 2.0 | 1.0 | — | $1,200 | — | 139d | 1 | 0.82mi |
Property features AI
Finance
- Other
- Property contains 2 total units with separate gas and electric meters for each unitSome owner-paid items and rent details noted as 'See Remarks'
- Financial info
- Operating expenses may include maintenance, professional management, and water/sewer
Exterior
- Parking
- Concrete driveway with two or more parking spaces
- Utilities
- Public water connectedSewer connected
- Home design
- Two-story multi-family propertyResale property
- Construction
- Vinyl sidingExisting (previously built)
- Exterior features
- Rectangular lotNear public transit68 x 140 lot dimensions
Interior
- Kitchen
- Each unit includes an eat-in kitchen
- Bedrooms
- Two 1-bedroom units (each unit has 1 bedroom)
- Flooring
- Luxury vinyl
- Bathrooms
- Two full bathrooms (one in each unit)
- Heating & cooling
- Gas forced-air heating
- Interior features
- Luxury vinyl flooring
- Laundry & utility
- Gas water heater
Listing history 50 events
-
2026-07-26days on market $130,000 Active 90 DOM
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2026-07-24days on market $130,000 Active 88 DOM
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2026-07-23days on market $130,000 Active 87 DOM
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2026-07-22days on market $130,000 Active 86 DOM
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2026-07-21days on market $130,000 Active 85 DOM
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2026-07-20days on market $130,000 Active 84 DOM
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2026-07-18days on market $130,000 Active 82 DOM
-
2026-07-18days on market $130,000 Active 81 DOM
-
2026-07-16days on market $130,000 Active 80 DOM
-
2026-07-15days on market $130,000 Active 79 DOM
-
2026-07-14days on market $130,000 Active 78 DOM
-
2026-07-13days on market $130,000 Active 77 DOM
-
2026-07-13days on market $130,000 Active 76 DOM
-
2026-07-11days on market $130,000 Active 75 DOM
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2026-07-10days on market $130,000 Active 74 DOM
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2026-07-09days on market $130,000 Active 73 DOM
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2026-07-07days on market $130,000 Active 71 DOM
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2026-07-06days on market $130,000 Active 70 DOM
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2026-07-05days on market $130,000 Active 69 DOM
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2026-07-03days on market $130,000 Active 67 DOM
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2026-07-02days on market $130,000 Active 66 DOM
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2026-07-01days on market $130,000 Active 65 DOM
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2026-06-30days on market $130,000 Active 64 DOM
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2026-06-29days on market $130,000 Active 63 DOM
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2026-06-28days on market $130,000 Active 62 DOM
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2026-06-27days on market $130,000 Active 61 DOM
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2026-06-27days on market $130,000 Active 60 DOM
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2026-06-25days on market $130,000 Active 58 DOM
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2026-06-22days on market $130,000 Active 56 DOM
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2026-06-21days on market $130,000 Active 55 DOM
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2026-06-18days on market $130,000 Active 52 DOM
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2026-06-17days on market $130,000 Active 51 DOM
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2026-06-16days on market $130,000 Active 50 DOM
-
2026-06-15days on market $130,000 Active 49 DOM
-
2026-06-13days on market $130,000 Active 47 DOM
-
2026-06-13days on market $130,000 Active 46 DOM
-
2026-06-10days on market $130,000 Active 44 DOM
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2026-06-09days on market $130,000 Active 43 DOM
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2026-06-08days on market $130,000 Active 42 DOM
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2026-06-07days on market $130,000 Active 41 DOM
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2026-06-03days on market $130,000 Active 37 DOM
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2026-06-02days on market $130,000 Active 36 DOM
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2026-06-01days on market $130,000 Active 35 DOM
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2026-05-31days on market $130,000 Active 34 DOM
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2026-04-27$130,000 Active 652-char remark
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2021-04-29soldstatus $65,500 Closed Sale or Rented 383-char remark
Show marketing remark (383 chars)
Welcome to 559 Tonawanda. A great opportunity for an owner occupant or investor. This is a beautifully maintained fully rented income-generating multi-family property. Professionally managed and cared for, with a tenant that is happy and would like to stay as would the property management. Grab this deal and start making a profit as soon as it closes. Property is being sold as-is.
-
2021-04-23soldstatus $65,500
-
2021-03-17status Under Contract- Do Not Show 383-char remark
Show marketing remark (383 chars)
Welcome to 559 Tonawanda. A great opportunity for an owner occupant or investor. This is a beautifully maintained fully rented income-generating multi-family property. Professionally managed and cared for, with a tenant that is happy and would like to stay as would the property management. Grab this deal and start making a profit as soon as it closes. Property is being sold as-is.
-
2021-01-26$69,000 Active 383-char remark
Show marketing remark (383 chars)
Welcome to 559 Tonawanda. A great opportunity for an owner occupant or investor. This is a beautifully maintained fully rented income-generating multi-family property. Professionally managed and cared for, with a tenant that is happy and would like to stay as would the property management. Grab this deal and start making a profit as soon as it closes. Property is being sold as-is.
-
2020-06-05historical
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 9 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,712
- − Mortgage interest
- −$7,282
- − Property taxes
- −$1,950
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,897
- − Management
- −$1,897
- − Depreciation
- −$3,782
- Taxable income
- $6,254
- Est. tax owed @ 24.0%
- −$1,501
- After-tax cash flow
- $6,451/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 2 photos
This multi-family property requires moderate repairs to the exterior siding and landscaping, but has a good roof and HVAC system. Painting the exterior and trimming the landscaping would significantly enhance its curb appeal and value.
Repairs flagged
- Major exterior siding — Significant wear and tear
- Minor landscaping — Overgrown grass and weeds
Value-add opportunities
- Both paint exterior — Enhances curb appeal and property value ↑
- Both landscaping — Improves curb appeal and property value ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Buffalo City School District
- NCES district ID
- 3605850
- Math proficiency
- 41% ▲ 11.00%
- Reading proficiency
- 40% ▲ 7.00%
- Median HH income
- $31,665
- Composite
- 33.17/100
- National rank
- #5544
- State rank
- #535 of 590 in NY
Livability — Buffalo
- Score
- 77/100
- State rank
- #195
- US rank
- #3011
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Buffalo, NY
- County
- Erie County · 933,037 people
- City population
- 440,021
- Metro
- Buffalo-Cheektowaga, NY
- Population (ZIP)
- 26,327
- Household income
- $39,753
- Rent vs Own
- Severe rent burden
- 7% of renters
Population outlook (Erie County) Hauer SSP2
- Today (2025)
- 933,037 people
- By 2030
- 935,181 · +0.2%
- By 2040
- 928,531 · -0.5%
- By 2050
- 905,725 · -2.9%
- By 2075
- 834,037 · -10.6%
- By 2100
- 708,033 · -24.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.74)
- Race & ethnicity
- White 40% Hispanic / Latino 23% Black 16% Asian 15% Two or more races 14%
- Hispanic origin (detail)
- Puerto Rican 18% Dominican 2%
- Common ancestry
- Romanian 8% Portuguese 1% Arab 1%
- Foreign-born
- 19% · Philippines, Canada, India
- Languages at home
- 65% English-only · Spanish 14% Other Asian/Pacific 10% Other Indo-European 5%
Political lean MEDSL · Erie
- 2024 margin
- Lean D (+9.7) · D 54.8% · R 45.2%
- 2008→2024 swing
- -7.9pp toward R · 2008: 17.5pp · 2024: 9.7pp
- All cycles
- 2024: D+9.7 2020: D+14.7 2016: D+4.8 2012: D+15.6 2008: D+17.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -54.42%
- Current HPI
- 233.0902
- Rent YoY
- ▲ 8.19%
- Metro
- Buffalo-Cheektowaga, NY
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
|
||
| Consumer Goods | 9 | $162B |
|
||
| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
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| Media / Entertainment | 2 | $69B |
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Price history
+365.9% since first listed14 events — show timeline
- 2026-04-27 Listed $130,000 WNYREIS
- 2021-04-29 Sold (MLS) $65,500 WNYREIS
- 2021-04-23 Sold (Public Records) $65,500 Public Records
- 2021-03-17 Pending — WNYREIS
- 2021-01-26 Listed $69,000 WNYREIS
- 2020-06-05 Listing Removed — WNYREIS
- 2020-06-05 Listing Removed — WNYREIS
- 2020-03-12 Price Changed $60,000 WNYREIS
- 2019-11-12 Listed $69,000 WNYREIS
- 2019-11-04 Listed $69,000 WNYREIS
- 2011-09-22 Sold (Public Records) $55,850 Public Records
- 2011-08-26 Sold (Public Records) $25,000 Public Records
- 2011-08-26 Sold (MLS) $24,900 WNYREIS
- 2011-08-05 Listed $27,900 WNYREIS
Property tax history
+8.3%/yrLatest (2025): $258 · +31.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…