| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Best |
| Demographics | 51st | Fair |
| Amenities | 97th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 333 Trenton Ave, Buffalo, NY, 14201, US |
| Region / Metro | Buffalo |
| Year of Construction | 1997 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
333 Trenton Ave Buffalo 62-Unit Multifamily Opportunity
Renter concentration is high in the surrounding neighborhood and daily amenities are dense, supporting steady leasing fundamentals, according to WDSuite’s CRE market data.
The property sits in Buffalo’s Urban Core, where amenity access leads the Buffalo-Cheektowaga metro. Restaurants, parks, pharmacies, groceries, and cafes rank among the strongest in the region, placing the area in the top quartile nationally for several convenience categories. This concentration of services tends to support renter retention and day-to-day livability for residents.
Neighborhood housing is predominantly renter-occupied (about 69% of units are renter-occupied), indicating a deep tenant base for multifamily. While neighborhood occupancy trends have been below the metro median in recent years, consistent renter demand and broad amenity access can help stabilize leasing with thoughtful management and pricing.
Within a 3-mile radius, population has grown in recent years, household counts have increased, and forecasts point to further population growth and a larger pool of households by 2028. Smaller average household sizes suggest continued demand for well-located apartments, expanding the prospective renter pool and supporting occupancy stability for properties near daily conveniences.
The area reflects a high-cost ownership market relative to local incomes, which tends to sustain reliance on rental housing and can aid lease retention. Average school ratings in the neighborhood trend below national norms, which may modestly narrow appeal for some family renters; however, proximity to urban employment and services remains a core draw for adult and workforce households.
Built in 1997, the asset is newer than much of the neighborhood’s older housing stock. That vintage can offer competitive positioning versus prewar buildings, while investors should still plan for selective modernization as systems age to capture value-add upside and maintain leasing momentum.
Safety outcomes in the immediate neighborhood trail both metro and national benchmarks. Crime ranks in the lower-performing cohort among 301 Buffalo-Cheektowaga metro neighborhoods, and national comparisons place the area below typical safety percentiles. Recent data show a modest year-over-year decline in property offenses alongside an uptick in violent offenses, indicating mixed short-term trends. Investors should underwrite with prudent security measures, lighting, and community engagement, and benchmark performance against submarkets that are above the metro median.
Nearby employers span banking, logistics, healthcare, and pharmaceuticals, supporting a broad workforce tenant base and convenient commutes for residents. Notable names include M&T Bank, FedEx Trade Networks, UnitedHealth Group, and McKesson.
- M&T Bank Corp. — banking (0.9 miles) — HQ
- FedEx Trade Networks — logistics (2.7 miles)
- FedEx Trade Networks — logistics (6.4 miles)
- UnitedHealth Group — healthcare services (7.1 miles)
- McKesson — pharmaceuticals distribution (8.7 miles)
333 Trenton Ave offers 62 units in Buffalo’s Urban Core with strong access to daily amenities and a renter-heavy neighborhood that underpins demand. The 1997 construction is newer than much of the surrounding housing stock, positioning the asset competitively versus older alternatives while leaving room for targeted renovations to enhance rents and retention. Homeownership remains relatively costly versus local incomes, reinforcing reliance on multifamily housing and supporting pricing power over time. According to CRE market data from WDSuite, neighborhood occupancy has trailed the metro median, but dense amenities and a broad employment base can help sustain leasing with disciplined operations.
Within a 3-mile radius, population has risen, households have expanded, and projections indicate further growth by 2028, implying a larger tenant base. Combined with strong proximity to downtown employers, this points to durable renter demand. Key considerations include below-average school ratings and safety metrics that lag the metro and national norms, which argue for conservative underwriting and proactive property management.
- Renter-heavy neighborhood and dense amenities support demand and retention
- 1997 vintage offers competitive positioning versus older local stock with value-add potential
- 3-mile population and household growth indicate a larger tenant base ahead
- High-cost ownership market reinforces reliance on multifamily housing
- Risks: neighborhood safety and school ratings below averages; underwrite conservatively and plan active management