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577 Niagara St, Buffalo, NY, 14201

3beds
3baths
3,366sqft
$499,900
$149price/sqft
$4,018/moest. monthly cost
$160,720/yrincome needed

About This Home

Turnkey Mixed-Use Gem! Exceptional opportunity to own a meticulously restored 1880s brick building at 577 Niagara St. This award-winning property features a vibrant first-floor retail space (formerly a renowned cat café/sanctuary) with high-end upgrades. The expansive second floor features 11-foot ceilings, gorgeous hardwoods, and massive windows—perfectly suited for a premium professional office or a luxury residential conversion. Sale includes the adjacent lot at 575 Niagara, offering rare downtown parking or expansion potential. Prime West Side location near D’Youville University with high visibility and foot traffic. Updates throughout include mechanicals, roof, and storefront. Ideal for an owner-user or savvy investor looking for a trophy property in a high-growth corridor.

Getting Around

87
WalkingVery Walkable
50
TransitGood Transit
82
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1880

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: 3
  • 1/2 bathrooms: 3

Features

  • Flooring: Hardwood,Tile,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 3,366
  • Total interior livable area: 3,366 sqft

Property

Details

  • Parcel number: 1402000998300006029000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,563 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 27 x 132

Parking

  • Parking features: No Driveway

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 WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
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 $2,527$30,324
Home Insurance *$219$2,628
Property Taxes $716$8,592
Electricity $556$6,675
Total$4,018$48,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,760/yr
40% on housing$120,540/yr
45% on housing$107,146/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

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 14201$165
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14201$183
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
2026-05-12Price change$519,999
2026-05-10Price change$539,999
2026-04-23Listed for sale$549,999
2013-11-01Sold$140,000

For Sale by Agent

AgentBenjamin D Schwed
BrokerageSoul Side Real Estate Solutions Inc

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