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Multifamily loan rates and Commercial loans

Buffalo, New York

As of December, 2014, within Ten miles of Buffalo, the average apartment unit rent is $861. The average rent for a one bedroom apartment unit in Birmingham is $774, and the average rent for a two bedroom apartment unit in Birmingham is $909.

For the prior six months, the average apartment rent in Buffalo has gone down by $9 or 1%. Multifamily units have decreased by $24.50 or 3% that are 1 bedroom. Multifamily units have increased by $18.50 or 2% that are 2 bedrooms.

As of February 15, 2015, for Buffalo, $55,743.04 is the median asking price per unit for multifamily properties for sale. This is a gain of 8.7% compared to the past 3 months and a gain of 32.4% when you compare it to pricing of the previous year.

Buffalo, has its location in New York, and in the year 2010 had a population of 261,310 people. This has it as the number 2 most populated city in the state and 69th biggest city in America. Erie County has Buffalo as its county seat. The Buffalo-Niagara-Cattaraugus Combined Statistical Area has 1,215,826 people.

To search for multifamily housing for sale in Buffalo, New York, go to http://www.loopnet.com/Apartment-Buildings-For-Sale/. Also, for another resource to find more information about multifamily property for sale in Buffalo, New York, go to http://www.biggerpockets.com/

Apartment Loan Store is proud to serve the entire Greater Buffalo area:

  • Fort Erie, Canada
  • West Seneca, NY
  • Lackawanna, NY
  • Kenmore, NY
  • Cheektowaga, NY
  • Tonawanda, NY
  • Depew, NY
  • Hamburg, NY
  • North Tonawanda, NY
  • Lancaster, NY
  • Niagara Falls, NY
  • Niagara Falls, Canada
  • Welland, Canada
  • Lockport, NY
  • Saint Catharines, Canada