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6848 Erie Rd, Derby, NY, 14047

2beds
1baths
3,036sqft
$499,900
$165price/sqft
$3,966/moest. monthly cost
$158,640/yrincome needed

About This Home

Thriving Bar & Restaurant with a 2 bedroom Apartment – Take advantage of this incredible opportunity to own a well-established bar and restaurant located in a high-traffic area. With 45 years of successful operation, this business is ready for a new owner to continue its legacy. The 18x28 bar area features an impressive 18-foot bar top, ideal for serving customers. A generous 30x30 dining room equipped for large gatherings. A spacious 29x11 kitchen with all necessary equipment, including a recently updated 10x8 walking cooler. A 20x20 storage and office area for all your operational needs. 34x16 covered deck provides an inviting outdoor area for patrons. Quick Draw and Lottery machines are already in place. Spacious 800 sq ft-two-Bedroom Apartment could generate $800/month in rental income/features newer windows and a 10x11 deck, perfect for tenants. Central air and forced air heating, plus two-zone baseboard heating for year-round comfort. This property is vinyl sided with a blacktop parking area accommodating approximately 35 vehicles and situated on a corner lot. Don’t miss out on this unique chance to own a piece of local history!

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
5/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1960

Materials

  • Foundation: Other,See Remarks
  • Roof: Asphalt,Membrane,Rubber
  • Construction materials: Other,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Varies

Heating

  • Heating features: Gas,Baseboard

Interior Area

  • Total structure area: 3,036
  • Total interior livable area: 3,036 sqft

Property

Details

  • Parcel number: 1444891922000009009000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Deck

Lot

  • Lot size: 0.68 Acres
  • Features: Corner Lot,Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 146 x 201

Parking

  • Parking features: Common,Paved,Parking Available,Two or More Spaces

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 WaveModerate
  • 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 *$222$2,664
Property Taxes $716$8,592
Electricity $501$6,020
Total$3,966$47,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,977/yr
40% on housing$118,980/yr
45% on housing$105,760/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

$165This listing

vs Other Active Listings

Avg $/sqft

ZIP 14047$147
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14047$167
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)

No zestimate history available

Price History

DateEventPrice
2026-04-22Price change$499,000
2026-01-28Listed for sale$575,000
2024-09-30Listing removed$650,000
2024-09-11Price change$650,000
2024-06-12Listed for sale$675,000
2009-05-20Sold$155,000

For Sale by Agent

AgentKimberly Hulburd
BrokerageWNY Metro Roberts Realty

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