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894 Tonawanda St, Buffalo, NY, 14207

3beds
4baths
3,984sqft
$299,000
$75price/sqft
$2,808/moest. monthly cost
$112,320/yrincome needed

About This Home

Opportunity knocks in Buffalo’s Riverside neighborhood! Situated on a prime corner lot at 894 Tonawanda Street, this renovated mixed-use building offers both commercial potential and residential comfort in one of Buffalo’s most up-and-coming areas. The property features previously operated restaurant on the first floor, ideal for a seamless transition or a fresh start in a vibrant, walkable area. Above the restaurant, a spacious 3-bedroom and 1.5 bath apartment provides the perfect space for owner-occupancy or additional rental income. Recently renovated inside and out, the building boasts significant upgrades including a new installed hood, flooring, drywalls, electric, plumbing, new boiler, furnace, and hot water tank in 2024, along with a full renovation just two years ago—offering turnkey convenience for the next owner. The location is unbeatable. Nestled in the heart of Buffalo’s Riverside district, this property is just a few blocks from the Niagara River, parks, trails, and the scenic Riverwalk. Tonawanda Street itself is a bustling corridor with great foot traffic, close to local shops, schools, and public transportation. You're just minutes from the Scajaquada Expressway, Downtown Buffalo, and North Tonawanda, making it easy to draw customers from across the region. Whether you're looking to grow your business, live above your shop, or invest in a high-potential neighborhood, this property checks all the boxes. Don't miss out and step into your next chapter on Tonawanda Street! Also listed as Commercial MLS # B1698565

Getting Around

73
WalkingVery Walkable
47
TransitSome Transit
73
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1925

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 1
  • 1/2 bathrooms: 3

Features

  • Flooring: Tile,Varies,Vinyl

Heating

  • Heating features: Gas,Baseboard,Forced Air

Interior Area

  • Total structure area: 3,984
  • Total interior livable area: 3,984 sqft

Property

Details

  • Parcel number: 1402000774800007006000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1,311 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 23 x 57

Parking

  • Parking features: On 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
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Heat Wave
Tornado
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 $1,511$18,132
Home Insurance *$211$2,532
Property Taxes $428$5,136
Electricity $658$7,900
Total$2,808$33,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,274/yr
40% on housing$84,240/yr
45% on housing$74,880/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 14207$93
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14207$110
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
2026-07-17Listed for sale$299,000
2026-01-01Listing removed$320,000
2025-04-07Listed for sale$320,000
2025-02-28Listing removed$365,000
2024-12-30Price change$365,000
2024-10-25Price change$395,000
2024-07-22Listed for sale$400,000

For Sale by Agent

AgentMaya Haddad
BrokerageWNY Metro Roberts Realty

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