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1156 E Lovejoy St, Buffalo, NY, 14206

3beds
2baths
3,213sqft
$239,998
$75price/sqft
$2,206/moest. monthly cost
$88,240/yrincome needed

About This Home

Welcome to a rare, completely remodeled mixed-use property that offers unparalleled flexibility for savvy investors, business owners, or multi-generational living. Situated in a prime location, this versatile building is entirely updated from top to bottom and ready for its next chapter. The Lower Level Features a flexible layout perfect for a vibrant storefront, professional office, or a stylish residential apartment, complete with a full bathroom. The Lower unit also enjoys the comfort of central air conditioning. The Upper unit is a gorgeous residential retreat boasting exquisite, custom woodworking and architectural character that you truly must see to appreciate, also featuring its own full bathroom. Every major system has been meticulously updated so you can buy with confidence: Brand New Hot Water Tank (2026), Dual Forced-Air Furnaces (2019), New Main Water & Sewer Lines (2019), Upgraded 150-Amp Main Electrical Service, Complete Tear-Off Roof (2007). Skip the parking headaches with dedicated off-street parking that accommodates two cars. Whether you want to live upstairs and run your business below, rent out both units for maximum cash flow, or convert the entire property into a residential gem, the choices are endless. Schedule your tour today to appreciate the quality craftsmanship and massive potential of this turn-key property!

Getting Around

66
WalkingSomewhat Walkable
35
TransitSome Transit
58
BikeBikeable

Schools

Construction

Condition

  • Property condition: Existing
  • Year built: 1915

Materials

  • Foundation: Piers
  • Roof: Shake / Shingle

Type & Style

  • Home type: MultiFamily

Interior

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Sump Pump,Circuit Breakers - Some,Drapes - Some,Copper Plumbing - Some,Natural Woodwork - some,Pex Plumbing- Some,Sliding Glass Door
  • Door features: Sliding Glass Door
  • Window features: Drapes - Some,Thermal Windows - Some
  • Flooring: Linoleum / Vinyl
  • Fireplace features: Artificial
  • Attic: Partial

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 3,213 sqft

Property

Accessibility

  • Accessibility features: Entry Level Bedroom

Details

  • Parcel number: 14020011242430
  • Zoning description: Commercial Zoning, Home Office Zoning
  • Special condition: Normal

Features

  • Patio & porch: Patio
  • Exterior features: Vinyl,Brick
  • Fencing: Partially Fenced Yard

Lot

  • Lot size: 3,781 sqft
  • Features: Rectangular Lot,Commercial Zoning,Near Public Transit,Partially Fenced Yard,Home Office Zoning,Primary Road,Private Yard - see Remarks

Parking

  • Total spaces: 2
  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$120$1,440
Property Taxes $343$4,116
Electricity $530$6,371
Total$2,206$26,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,634/yr
40% on housing$66,180/yr
45% on housing$58,826/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 14206$93
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14206$136
Erie County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$219,900
2026-06-21Listed for sale$239,998
2025-01-21Listing removed$1,500
2024-12-30Listed for rent$1,500
2022-09-29Sold$152,000
2022-05-31Pending sale$178,000
2022-05-25Contingent$178,000
2022-05-19Listed for sale$178,000
2022-03-30Listing removed--
2021-12-04Pending sale$162,000
2021-11-13Price change$162,000
2021-09-29Listed for sale$165,000
2019-09-18Sold$60,000
2019-08-01Pending sale$75,000
2019-07-26Listed for sale$75,000
2016-06-21Sold$37,500

For Sale by Owner

AgentProperty Owner

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