Four Unit Money Maker near the Broadway Market! Combined cash rents total $21,600/year. All units are rented with mostly long-term tenants that would like to stay. Quiet building. Being sold "as-is. " All separate utilities including the water meters. Showings begin at the OPEN HOUSE on MONDAY, 10/29/18; 12-2PM.
Multi-familyProperty Type
3,450 sq ftLot Size
$41Est. Price/Sq.Ft.
Listing by Steven Simme• Keller Williams Realty Lancaster
•716-324-2300 (broker)
•klrw1011@kw.com (broker)
Bought with Steven Simme• Keller Williams Realty Lancaster
•716-324-2300 (broker)
•klrw1011@kw.com (broker)
Source:WNYREIS #B1156334
Redfin Estimate
$219,355
$133K since sold in December 2023
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4% higher than the average sale price ($211K) of 6 comparable homes.
Listing by WNY Metro Roberts Realty, (716) 875-2211
See all
Provided by Redfin
Sale history for 16 Reed St
Date
Event
Price
Public Records
Dec 20, 2023
Sold
$86,000
$16/sq ft
WNYREIS #B1233194
Feb 11, 2020
Pending
—
Nov 12, 2019
Pending
—
Nov 4, 2019
Listing Removed
—
Oct 23, 2019
Price Changed
$109,000
$20/sq ft
Oct 17, 2019
Listed
$114,900
$22/sq ft
WNYREIS #B1156334
Jan 9, 2019
Sold
$84,900
$16/sq ft
Nov 14, 2018
Pending
—
Oct 23, 2018
Listed
$84,900
$16/sq ft
Four Unit Money Maker near the Broadway Market! Combined cash rents total $21,600/year. All units are rented with mostly long-term tenants that would like to stay. Quiet building. Being sold "as-is. " All separate utilities including the water meters. Showings begin at the OPEN HOUSE on MONDAY, 10/29/18; 12-2PM.
Public Records
Jun 8, 2015
Sold
$36,000
$7/sq ft
WNYREIS #B455539
Apr 20, 2015
Listing Removed
—
Jun 30, 2014
Listed
$62,016
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$605 (+50.0%)
$10,500 + $172,800
$183,300
2024
$404 (+10.6%)
$3,500 + $68,500
$72,000
2023
$365 (−2.5%)
$3,500 + $68,500
$72,000
2022
$374 (+3.4%)
$3,500 + $68,500
$72,000
2021
$362 (+0.3%)
$3,500 + $68,500
$72,000
2020
$361 (−55.9%)
$3,500 + $68,500
$72,000
2019
$818 (+4.6%)
$1,700 + $20,300
$22,000
2018
$782 (+4.9%)
$1,700 + $20,300
$22,000
2017
$746 (+1.3%)
$1,700 + $20,300
$22,000
2016
$736 (+1.7%)
$1,700 + $20,300
$22,000
2015
$724 (+508.4%)
$1,700 + $20,300
$22,000
2014
$119
$1,700 + $20,300
$22,000
Tax history for 16 Reed St
Year
Property tax
Land + Additions
Assessment*
2025
$605 (+50.0%)
$10,500 + $172,800
$183,300
2024
$404 (+10.6%)
$3,500 + $68,500
$72,000
2023
$365 (−2.5%)
$3,500 + $68,500
$72,000
2022
$374 (+3.4%)
$3,500 + $68,500
$72,000
2021
$362 (+0.3%)
$3,500 + $68,500
$72,000
2020
$361 (−55.9%)
$3,500 + $68,500
$72,000
2019
$818 (+4.6%)
$1,700 + $20,300
$22,000
2018
$782 (+4.9%)
$1,700 + $20,300
$22,000
2017
$746 (+1.3%)
$1,700 + $20,300
$22,000
2016
$736 (+1.7%)
$1,700 + $20,300
$22,000
2015
$724 (+508.4%)
$1,700 + $20,300
$22,000
2014
$119
$1,700 + $20,300
$22,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
N-3R
Residential Zone
The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods, generally defined by moderately compact residential blocks, which occasionally include small mixed use buildings.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Park & open space
Property details
Interior
Heating & Cooling
Heating Fuel Type: Oil
Exterior
Exterior Information
Physical Condition: Fair
Building Type: Apartment
Property Information
Subdivision Name: CITY/BUFFALO
Building Sq. Ft: 5,339
# of Units: 4
Legal Description: 136.85 N BROADWAY
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,450
Legal Lot Number: 4
Legal Block Number: 5
Municipality Name: BUFFALO
Acres: 0.0792
Depth Footage: 115
Front Footage: 30
Zoning Code: N-3R
State Use Description: APARTMENTS
Utility Information
Sewer Type: Commercial
Water Service Type: Commercial
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 5,339
Stories: —
Lot Size: 3,450 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Erie County
APN: 140200A1114300005004000
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
Harriet Ross Tubman Academy
Public PreK-8 • Assigned • 0.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Buffalo, NY • 14212
Average low and high temperatures (°F)
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62
47
49
38
37
25
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.