NOT LISTED FOR SALE

869 Delaware Ave Buffalo, NY 14209

Elmwood-Bryant Neighborhood

Estimated Value: $2,824,581

-- Bed
1 Bath
13,864 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $2,133,000 $154 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,828/month

11 Days on Market

Highlights

  • Property is near public transit
  • 8 Fireplaces
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • Woodwork
  • Coin Laundry

About This Home

As of December 2021

Don't miss this "Millionaires Row" money maker! First floor doctors office with 10 year lease in place...along with 7 apartments on month-to-month leases. Before it's current configuration, it was built as a single family home in 1885 for Buffalo businessman, William W. Sloan. Fortunately, much of the original Gilded Age detailing remains and has been restored or enhanced. The property comes with 24 parking spaces; a current Certificate of Occupancy; handicap access ramp; sprinklers on the 1st, 2nd, and 3rd floor hallways; sewer replacement; new water line from the street; hardwood floors, 8 fireplaces (NRTC), and beautiful natural woodwork; recently rebuilt side porch; restoration of front porch; 1st floor A/C split systems; plus much more. Over $215,000 in gross income per year - with a Cap Rate of 7.4%.

Last Agent to Sell the Property

Bob Meredith

Listing by Gurney Becker & Bourne License #10311200417 Listed on: 09/09/2021

Co-Listed By

Jeff Moyer

Listing by Gurney Becker & Bourne License #10401225154

Last Buyer's Agent

David Lapidus

Listing by WNY Metro Roberts Realty License #10401231580

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,011

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 107x174
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 13,864 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • 8 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes common area maintenance, electricity, heat, hot water, snow removal, trash collection, water
  • Tax Lot 7
  • Assessor Parcel Number 140200-100-540-0003-007-000

Community Details

Overview

  • 7 Units
  • Holland Land Company's Su Subdivision

Amenities

  • Coin Laundry

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $49,333
  • Gross Income $220,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,011

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1885
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Irregular Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Co List Office Mls Id: GURN01
  • Co List Office Phone: 716-849-1234
  • Subdivision Name: Holland Land Company's Su
  • Directions: On Delaware between Bryant and Barker
  • Flooring: Hardwood, Laminate, Other, See Remarks, Tile, Varies
  • Garage Yn: No
  • Interior Features: Storage, Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 8
  • Stories: 3
  • Stories: 3

Exterior Features

  • Waterfront: No
  • Construction Type: Brick, Stucco
  • Exterior Features: Blacktop Driveway, Concrete Driveway

Garage/Parking

  • Parking Features: One Space, Driveway, No Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Radiant
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-100-540-0003-007-000
  • Lot Dimensions: 107X174
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 220140.0
  • Annual Operating Expense: 49333.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 24011.0
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 30, 2021
Sold by
2Nd Floor Wish Llc
Bought by
Sloan Mansion Llc
Seller's Agent
Bob Meredith
Gurney Becker & Bourne
Buyer's Agent
David Lapidus
WNY Metro Roberts Realty
List Price
$2,100,000
Sold Price
$2,133,000
Premium/Discount to List
$33,000
1.57%
Current Estimated Value
$2,824,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,581
Avg. Annual Appreciation
7.42%
Original Mortgage
$1,599,750
Outstanding Balance
$1,489,346
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$1,282,579

Purchase Details

Closed on
Aug 21, 2015
Sold by
Fantauzzi Frank and Fantauzzi Margaret
Bought by
2 Nd Floor Wish Llc

Purchase Details

Closed on
Jan 30, 1998
Sold by
Zacher William H
Bought by
Fantauzzi Frank A and Frntauzzi Margaret K
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sloan Mansion Llc $2,133,000 None Available
2 Nd Floor Wish Llc $84,900 None Available
Fantauzzi Frank A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan Mansion Llc $1,599,750
Previous Owner 2Nd Floor Wish Llc $382,000
Previous Owner 891 Delaware Llc $621,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $2,133,000 +1.6% $154 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,100,000 -- $151 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,244 $1,035,000 $186,200 $848,800
2023 $5,244 $1,035,000 $186,200 $848,800
2022 $5,204 $1,035,000 $186,200 $848,800
2021 $5,204 $1,035,000 $186,200 $848,800
2020 $2,309 $1,035,000 $186,200 $848,800
2019 $11,537 $300,000 $55,900 $244,100
2018 $10,665 $300,000 $55,900 $244,100
2017 $1,785 $300,000 $55,900 $244,100
2016 $10,040 $300,000 $55,900 $244,100
2015 -- $300,000 $55,900 $244,100
2014 -- $300,000 $55,900 $244,100
Source: Public Records

Agents Affiliated with this Home

  • Bob Meredith

    Seller's Agent in 2021

    Bob Meredith

    Gurney Becker & Bourne

    (716) 603-0200

    30 in this area

    123 Total Sales

    Bob Meredith
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jeff Moyer

    Gurney Becker & Bourne

    (716) 818-9042

    20 in this area

    99 Total Sales

    Jeff Moyer
    Section Image

  • D

    Buyer's Agent in 2021

    David Lapidus

    WNY Metro Roberts Realty

    (716) 310-7558

    1 in this area

    1 Total Sale

    David Lapidus
    Section Image
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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1365000

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-540-0003-007-000

New York Erie County Buffalo 14209 Elmwood-Bryant

869 Delaware Ave, Buffalo, NY

This home is located at 869 Delaware Ave, Buffalo, NY 14209 since 09 September 2021 and is currently estimated at $2,824,581, approximately $203 per square foot. This property was built in 1885. 869 Delaware Ave is a home located in Erie County with nearby schools including Health Sciences Charter School, Nardin Academy, and Stanley G Falk School.

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