CCertihomes
2901 S Park Avenue, Lackawanna, NY 14218

$750,000

0 beds 0 baths 4,680 sqft Built 201674 days on marketActive

About this home

Rare opportunity to own a newer mixed use building in the City of Lackawanna with a net operating income of 5%! The spacious, bright front office has high visibility, heavy traffic count, easy access and ample parking, with a total of 9 blacktop spaces serving this property. Very nice heated garage is a real bonus. Residential units come with gas stoves, refrigerators, dishwashers, private entrances, a shared in-building laundry, and share the off street paved parking. Quality custom structure, only 9 years old, and occupied by the builder's own company. Enjoy the benefits of the superior upgrades found on this property, including 28 solar panels on the roof that are owned, not leased. Use as currently built, or modify to suit your needs. Don't overlook the month making opportunities here, with current rents totaling over $4600/month. Square footage was obtained directly from the original building plans provided by the Building/Owner. Also listed as multi-family residential use under MLS #B1609341.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,259/mo

Real estate (PITI + HOA + PMI)
$5,345
Principal + interest$3,402
Property tax + insurance$1,662
PMI / 2nd mortgage$281
Utilities
$2,200
Heating + cooling$947
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$6,259/mo TLC
Budget$6,759/mo
Remaining after TLC$500/mo
Purchase price
$750,000
Down payment
$37,500 (5%)
Loan amount
$712,500
APR
4%

Quick facts

Type
Office
Style
Year built
2016
Lot size
0.1708 ac
Stories
2
Heating
Gas, Zoned, ForcedAir
Cooling
Zoned
Water
HOA
Annual tax
$9,562
MLS #
B1611655
County
Erie

At a glance

Garage

Home features

Parking
Surfaced
Roof
Asphalt
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14218

MetricThis ZIPCountyUSA
Population23,80619,351,094299,088,112
Population Change Since1990-10.00%8.00%20.00%
Population Density3,136395
Male11,4799,381,926147,432,321
Female12,3269,969,168151,655,844
Never Married5,5654,946,39163,775,926
Married9,1927,166,701123,120,365
Separated7741,159,67312,639,686
Widowed2,0471,110,24515,467,586
Divorced1,9221,210,44823,075,029
Number Of House Hold10,0297,102,016111,826,380
Average House Hold Size2.352.642.60
Medial Age39.2836.5335.46
Median House Hold Income$37,164$49,847$48,276
Average House Hold Income$45,750$70,032$63,629
P C I$19,611$26,569$24,529
M D I$32,699$42,210$41,133
A T H E$41,172$54,185$50,898
S T R8.75%4.00%
W C J80.73%81.55%77.74%
(Zip) Code
14218

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Listing information last refreshed 6/3/2025. Provided courtesy of Howard Hanna WNY Inc. via Buffalo MLS. Information deemed reliable but not guaranteed.