See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

86 Prospect Ave, Buffalo, NY, 14201

6beds
3baths
2,901sqft
$174,900
$60price/sqft
$1,689/moest. monthly cost
$67,560/yrincome needed

About This Home

Investor Special – Victorian Queen Anne mix style Historic Single Family Home in Downtown Buffalo! Located in a beautiful historic neighborhood in downtown Buffalo, this spacious single-family home offers nearly 3,000 sq feet of living space, featuring 6 bedrooms and 3 full bathrooms. The first floor includes a home office and library, a large bedroom, a full bathroom, a bar area, and expansive living and dining rooms with high cellings, showcasing original woodwork. The layout opens to the kitchen, which overlooks a large patio and backyard. Elegant French doors provide direct access to the outdoor space—perfect for entertaining. The second floor offers 5 additional bedrooms, an extra-large laundry room, and 2 full bathrooms. The Full and large basement includes force air heat and gas water heater, the backyard is fully fenced. This property is an investor special and offers a great opportunity to restore a magnificent home to its full potential. The house requires a new roof, electrical updates, and additional interior and exterior renovations. Ideal for a homeowner looking to customize their dream home or for an investor seeking a high-upside project in a prime downtown location. The property is currently under housing court violations. Please refer to private remarks for additional details. Violation list available. Bring your contractor, your vision, and your highest offer—this one won’t last.

Getting Around

91
WalkingWalker's Paradise
63
TransitGood Transit
0
BikeNot Bike Friendly

Schools

2/10
3/10
Waterfront SchoolGrades PK-80.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1880

Materials

  • Foundation: Other,See Remarks
  • Construction materials: Other,See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Tudor,Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks,Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Other,See Remarks
  • Flooring: Other,See Remarks

Heating & Cooling

  • Heating features: Other,See Remarks
  • Cooling features: Other,See Remarks

Interior Area

  • Total structure area: 2,901
  • Total interior livable area: 2,901 sqft

Property

Details

  • Parcel number: 1402001104400001040000
  • Special condition: HUD Owned

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Concrete Driveway

Lot

  • Lot size: 4,883 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 37 x 132

Parking

  • Parking features: No Garage

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 $884$10,608
Home Insurance *$76$912
Property Taxes $250$3,000
Electricity $479$5,753
Total$1,689$20,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,908/yr
40% on housing$50,670/yr
45% on housing$45,040/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

$60This listing

vs Other Active Listings

Avg $/sqft

ZIP 14201$168
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
2026-05-08Listed for sale$199,900
2022-11-10Sold$184,565
2019-09-25Listing removed$214,841
2019-09-24Price change$214,841
2019-09-23Price change$214,498
2019-09-22Price change$214,873
2019-09-19Price change$214,445
2019-09-18Price change$214,486
2019-09-16Price change$214,049
2019-09-14Price change$214,074
2019-09-11Price change$214,152
2019-09-07Price change$213,159
2019-09-06Price change$212,766
2019-08-31Price change$214,240
2019-08-29Listed for sale--
2007-08-31Sold$118,000

For Sale by Agent

AgentChaya Adelman
BrokerageArrowhead Property Management, LLC

Similar Homes