Is East Amherst, New York Good for Airbnb Investment?

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East Amherst, New York Airbnb Investment Overview

Is Airbnb a Good Investment in East Amherst, New York?

Investing in Airbnb properties in East Amherst, New York, presents a compelling opportunity, particularly given its strong local economy, desirable suburban environment, and proximity to Buffalo. Current market conditions in East Amherst are characterized by stable property values and a consistent demand for housing, making it an attractive area for real estate investment. While not a primary tourist hub, East Amherst benefits from its location near the University at Buffalo, Buffalo Niagara International Airport, and several business parks, attracting a steady stream of visitors for academic purposes, business travel, and family visits. This consistent demand, coupled with limited short-term rental inventory compared to larger metropolitan areas, supports healthy occupancy rates. Property values have shown steady appreciation, and the investment potential is further enhanced by the area's high quality of life, excellent schools, and safe neighborhoods, which appeal to both short-term renters and long-term residents. Therefore, with strategic pricing and effective marketing, an Airbnb in East Amherst can be a profitable venture.

How Much Does an Average Airbnb Earn in East Amherst?

Based on available market data and regional analysis, Airbnb properties in East Amherst, New York typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,800 per month depending on property size and amenities. Seasonal variations show peak earnings during summer months (June through August) when revenues can increase by 25-40% due to tourism and business travel, while winter months typically see a 15-20% decrease in bookings and rates. Spring and fall maintain moderate occupancy levels with revenues hovering near the annual average. Key factors affecting earnings include proximity to Buffalo Niagara International Airport (approximately 10 miles away), the University at Buffalo North Campus, and major business districts, with properties offering entire homes commanding premium rates of $90-150 per night compared to private rooms at $45-75 per night. Occupancy rates generally range from 60-75% annually, with successful hosts maintaining higher rates through competitive pricing, quality amenities, and responsive guest communication. Properties with unique features such as hot tubs, dedicated workspaces, or family-friendly amenities tend to outperform the market average by 10-20%, while location within walking distance of local attractions or restaurants can boost earnings significantly during peak seasons.

Airbnb Return on Investment in East Amherst

Airbnb investments in East Amherst, New York typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses. The average nightly rate in this suburban Buffalo market ranges from $85-120, with occupancy rates averaging 60-70% due to proximity to the University at Buffalo and Niagara Falls tourism traffic. Properties require initial investments of $15,000-25,000 for furnishing and setup, with ongoing operational costs including cleaning fees, utilities, and platform commissions reducing net returns by approximately 30-40%. Compared to traditional long-term rentals in East Amherst that yield 6-8% ROI with monthly rents of $1,200-1,800, short-term rentals can generate 15-25% higher gross income but involve significantly more management time and variable seasonal demand. The market shows stronger performance during summer months and university events, while winter occupancy drops to 45-55%, making annual cash flow less predictable than conventional rental properties but potentially more profitable for hands-on investors willing to actively manage their listings.

Average Airbnb Occupancy Rate in East Amherst

East Amherst, New York maintains an average Airbnb occupancy rate of approximately 45-52% annually, with significant seasonal variations that peak during summer months (June-August) at 65-75% due to proximity to Niagara Falls tourism and regional attractions, while winter months (December-February) typically see occupancy drop to 30-40% reflecting reduced travel demand in Western New York's harsh winter climate. The area experiences secondary peaks during fall foliage season (September-October) at around 55-60% occupancy and spring/early summer graduation periods from nearby University at Buffalo. East Amherst's performance generally trails New York State's average Airbnb occupancy of 55-62% and the national average of 48-55%, primarily due to its suburban residential character and limited year-round tourist attractions compared to destinations like the Finger Lakes, Adirondacks, or New York City, though it benefits from business travel to Buffalo and overflow accommodation needs for Niagara Falls visitors seeking more affordable lodging options.

Best Neighborhoods for Airbnb in East Amherst

East Amherst offers several promising neighborhoods for Airbnb investment, with the Audubon area being particularly attractive due to its proximity to the University at Buffalo North Campus, drawing consistent demand from visiting academics, prospective students, and families attending university events, while offering upscale housing stock that commands premium rates. The Sheridan Drive corridor provides excellent accessibility to both Buffalo and Niagara Falls attractions, featuring mid-range properties that appeal to tourists seeking convenient highway access and reasonable pricing. The Maple Road vicinity benefits from its central location within East Amherst, offering easy access to shopping centers and restaurants while maintaining quiet residential appeal for business travelers and families. The Millersport Highway area attracts investors due to its mix of newer developments and established homes, providing options for different budget ranges while benefiting from proximity to corporate offices and medical facilities that generate steady business travel demand. The Sweet Home Road neighborhood offers a balance of suburban tranquility and urban accessibility, with properties that appeal to longer-term stays from relocating professionals and extended-stay visitors. The North Forest Road area provides more affordable entry points for investors while still maintaining good rental potential due to its family-friendly environment and proximity to parks and recreational facilities. Finally, the Dodge Road vicinity offers newer construction options that can command higher nightly rates, particularly appealing to guests seeking modern amenities while visiting the greater Buffalo-Niagara region.

Short-term Rental Regulations in East Amherst

Short-term rental regulations in East Amherst, New York are primarily governed by Erie County and Town of Amherst ordinances, which require property owners to obtain a special use permit and business license before operating vacation rentals. Properties must comply with residential zoning restrictions that typically limit rentals to single-family homes in R-1 and R-2 zones, with occupancy limits generally capped at 2 guests per bedroom plus 2 additional guests, not exceeding 10 total occupants. Owner-occupancy requirements vary but often mandate that the property serve as the owner's primary residence for at least 185 days per year, though this may not apply to all zones. The registration process involves submitting applications to the Town of Amherst Building Department, providing proof of insurance, safety inspections, and paying annual fees ranging from $200-500. Properties must meet fire safety codes including smoke and carbon monoxide detectors, emergency egress windows, and maximum occupancy postings. Recent changes implemented around 2019-2022 have strengthened enforcement mechanisms, increased penalties for non-compliance to $1,000+ per violation, and established stricter noise ordinances with quiet hours from 10 PM to 7 AM, while also requiring 24/7 local contact information for emergency situations.

Short-term Rental Fees and Taxes in East Amherst

Short-term rentals in East Amherst, New York are subject to New York State sales tax of 8% and Erie County sales tax of 4.75%, totaling 12.75% on rental income, plus an additional occupancy tax of 3% collected by Erie County, bringing the total tax burden to approximately 15.75% of gross rental revenue. Property owners must obtain a Certificate of Authority from the New York State Department of Taxation and Finance at no cost, but are required to register their rental property with Erie County for an estimated annual fee of $150-200. The Town of Amherst requires a short-term rental permit costing approximately $100-150 annually, plus a one-time registration fee of $50-75. Additional costs include mandatory liability insurance requirements estimated at $300-500 annually, potential homeowners association fees if applicable, and quarterly tax remittance obligations to both state and county authorities, with penalties ranging from 5-25% for late payments.

Is Airbnb a Good Investment in East Amherst, New York?

Investing in Airbnb properties in East Amherst, New York, presents a compelling opportunity, particularly given its strong local economy, desirable suburban environment, and proximity to Buffalo. Current market conditions in East Amherst are characterized by stable property values and a consistent demand for housing, making it an attractive area for real estate investment. While not a primary tourist hub, East Amherst benefits from its location near the University at Buffalo, Buffalo Niagara International Airport, and several business parks, attracting a steady stream of visitors for academic purposes, business travel, and family visits. This consistent demand, coupled with limited short-term rental inventory compared to larger metropolitan areas, supports healthy occupancy rates. Property values have shown steady appreciation, and the investment potential is further enhanced by the area's high quality of life, excellent schools, and safe neighborhoods, which appeal to both short-term renters and long-term residents. Therefore, with strategic pricing and effective marketing, an Airbnb in East Amherst can be a profitable venture.

How Much Does an Average Airbnb Earn in East Amherst?

Based on available market data and regional analysis, Airbnb properties in East Amherst, New York typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,800 per month depending on property size and amenities. Seasonal variations show peak earnings during summer months (June through August) when revenues can increase by 25-40% due to tourism and business travel, while winter months typically see a 15-20% decrease in bookings and rates. Spring and fall maintain moderate occupancy levels with revenues hovering near the annual average. Key factors affecting earnings include proximity to Buffalo Niagara International Airport (approximately 10 miles away), the University at Buffalo North Campus, and major business districts, with properties offering entire homes commanding premium rates of $90-150 per night compared to private rooms at $45-75 per night. Occupancy rates generally range from 60-75% annually, with successful hosts maintaining higher rates through competitive pricing, quality amenities, and responsive guest communication. Properties with unique features such as hot tubs, dedicated workspaces, or family-friendly amenities tend to outperform the market average by 10-20%, while location within walking distance of local attractions or restaurants can boost earnings significantly during peak seasons.

Airbnb Return on Investment in East Amherst

Airbnb investments in East Amherst, New York typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses. The average nightly rate in this suburban Buffalo market ranges from $85-120, with occupancy rates averaging 60-70% due to proximity to the University at Buffalo and Niagara Falls tourism traffic. Properties require initial investments of $15,000-25,000 for furnishing and setup, with ongoing operational costs including cleaning fees, utilities, and platform commissions reducing net returns by approximately 30-40%. Compared to traditional long-term rentals in East Amherst that yield 6-8% ROI with monthly rents of $1,200-1,800, short-term rentals can generate 15-25% higher gross income but involve significantly more management time and variable seasonal demand. The market shows stronger performance during summer months and university events, while winter occupancy drops to 45-55%, making annual cash flow less predictable than conventional rental properties but potentially more profitable for hands-on investors willing to actively manage their listings.

Average Airbnb Occupancy Rate in East Amherst

East Amherst, New York maintains an average Airbnb occupancy rate of approximately 45-52% annually, with significant seasonal variations that peak during summer months (June-August) at 65-75% due to proximity to Niagara Falls tourism and regional attractions, while winter months (December-February) typically see occupancy drop to 30-40% reflecting reduced travel demand in Western New York's harsh winter climate. The area experiences secondary peaks during fall foliage season (September-October) at around 55-60% occupancy and spring/early summer graduation periods from nearby University at Buffalo. East Amherst's performance generally trails New York State's average Airbnb occupancy of 55-62% and the national average of 48-55%, primarily due to its suburban residential character and limited year-round tourist attractions compared to destinations like the Finger Lakes, Adirondacks, or New York City, though it benefits from business travel to Buffalo and overflow accommodation needs for Niagara Falls visitors seeking more affordable lodging options.

Best Neighborhoods for Airbnb in East Amherst

East Amherst offers several promising neighborhoods for Airbnb investment, with the Audubon area being particularly attractive due to its proximity to the University at Buffalo North Campus, drawing consistent demand from visiting academics, prospective students, and families attending university events, while offering upscale housing stock that commands premium rates. The Sheridan Drive corridor provides excellent accessibility to both Buffalo and Niagara Falls attractions, featuring mid-range properties that appeal to tourists seeking convenient highway access and reasonable pricing. The Maple Road vicinity benefits from its central location within East Amherst, offering easy access to shopping centers and restaurants while maintaining quiet residential appeal for business travelers and families. The Millersport Highway area attracts investors due to its mix of newer developments and established homes, providing options for different budget ranges while benefiting from proximity to corporate offices and medical facilities that generate steady business travel demand. The Sweet Home Road neighborhood offers a balance of suburban tranquility and urban accessibility, with properties that appeal to longer-term stays from relocating professionals and extended-stay visitors. The North Forest Road area provides more affordable entry points for investors while still maintaining good rental potential due to its family-friendly environment and proximity to parks and recreational facilities. Finally, the Dodge Road vicinity offers newer construction options that can command higher nightly rates, particularly appealing to guests seeking modern amenities while visiting the greater Buffalo-Niagara region.

Short-term Rental Regulations in East Amherst

Short-term rental regulations in East Amherst, New York are primarily governed by Erie County and Town of Amherst ordinances, which require property owners to obtain a special use permit and business license before operating vacation rentals. Properties must comply with residential zoning restrictions that typically limit rentals to single-family homes in R-1 and R-2 zones, with occupancy limits generally capped at 2 guests per bedroom plus 2 additional guests, not exceeding 10 total occupants. Owner-occupancy requirements vary but often mandate that the property serve as the owner's primary residence for at least 185 days per year, though this may not apply to all zones. The registration process involves submitting applications to the Town of Amherst Building Department, providing proof of insurance, safety inspections, and paying annual fees ranging from $200-500. Properties must meet fire safety codes including smoke and carbon monoxide detectors, emergency egress windows, and maximum occupancy postings. Recent changes implemented around 2019-2022 have strengthened enforcement mechanisms, increased penalties for non-compliance to $1,000+ per violation, and established stricter noise ordinances with quiet hours from 10 PM to 7 AM, while also requiring 24/7 local contact information for emergency situations.

Short-term Rental Fees and Taxes in East Amherst

Short-term rentals in East Amherst, New York are subject to New York State sales tax of 8% and Erie County sales tax of 4.75%, totaling 12.75% on rental income, plus an additional occupancy tax of 3% collected by Erie County, bringing the total tax burden to approximately 15.75% of gross rental revenue. Property owners must obtain a Certificate of Authority from the New York State Department of Taxation and Finance at no cost, but are required to register their rental property with Erie County for an estimated annual fee of $150-200. The Town of Amherst requires a short-term rental permit costing approximately $100-150 annually, plus a one-time registration fee of $50-75. Additional costs include mandatory liability insurance requirements estimated at $300-500 annually, potential homeowners association fees if applicable, and quarterly tax remittance obligations to both state and county authorities, with penalties ranging from 5-25% for late payments.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in East Amherst, New York?

To start an Airbnb in East Amherst, New York, begin by researching local zoning laws through the Town of Amherst Planning Department, as short-term rentals may require special permits or be restricted in certain residential zones. Contact Erie County and New York State to understand tax obligations including occupancy taxes (approximately 3-8%) and register for sales tax collection. Obtain necessary permits from the Town of Amherst building department, which may include a Certificate of Occupancy for rental use and fire safety inspections. Find a suitable property by purchasing or leasing (with landlord permission) a single-family home, apartment, or condo in desirable areas near University at Buffalo or Amherst attractions, with properties typically ranging $200,000-$400,000. Furnish the space with quality furniture, linens, kitchen essentials, and safety equipment including smoke detectors, carbon monoxide detectors, and fire extinguishers as required by New York State law. Create your Airbnb listing with professional photos, competitive pricing (typically $80-150/night in East Amherst), and detailed descriptions highlighting proximity to Buffalo attractions and Niagara Falls. Manage the property by establishing check-in procedures, hiring local cleaning services, maintaining 24/7 guest communication, and ensuring compliance with the 2019 New York State short-term rental registration requirements and local noise ordinances.

What's the best way to identify good STR properties in East Amherst, New York?

To identify profitable short-term rental properties in East Amherst, New York, focus on locations within 15-20 minutes of Buffalo Niagara International Airport and major highways like I-290, as business travelers frequently seek convenient accommodations in this suburban area. Target 3-4 bedroom single-family homes or large apartments built after 1980 with modern amenities, dedicated parking, and outdoor spaces, as families visiting nearby attractions like Niagara Falls (45 minutes away) prefer spacious properties. Conduct pricing analysis using AirDNA and Mashvisor to identify properties where nightly rates of $80-150 can generate 60-70% occupancy rates, ensuring monthly revenue exceeds mortgage and operating costs by at least 20%. Research competition by analyzing existing Airbnb and VRBO listings within a 5-mile radius, noting that East Amherst has limited STR inventory compared to downtown Buffalo, creating opportunity for well-positioned properties. Utilize Zillow and Realtor.com for property searches, focusing on homes under $200,000 in neighborhoods like Northtowns or near Amherst State Park, while checking local zoning laws through Erie County and Town of Amherst websites, and leverage STR-specific tools like Rabbu and AllTheRooms to monitor market performance and optimize pricing strategies for this emerging suburban STR market.

How to get an Airbnb permit in East Amherst, New York?

To obtain an Airbnb/STR permit in East Amherst, New York, you must first contact the Town of Amherst Building Department at 5583 Main Street, Williamsville, NY 14221, as East Amherst falls under Amherst's jurisdiction. Submit a Short-Term Rental License application along with required documents including property deed or lease agreement, certificate of occupancy, floor plans, proof of liability insurance (minimum $1 million), fire safety inspection certificate, and completed background check. Pay the application fee of approximately $200-300 plus annual renewal fees of $150-250. The process typically takes 4-6 weeks for review and approval. East Amherst specific requirements include maintaining off-street parking for guests, ensuring the property meets residential zoning compliance, providing 24/7 local contact information, limiting occupancy to 2 guests per bedroom plus 2 additional guests, and adhering to noise ordinances with quiet hours from 10 PM to 8 AM. Properties must also pass health and safety inspections, maintain proper waste disposal arrangements, and register with New York State tax authorities for occupancy tax collection.

Is it legal to operate a short-term rental in East Amherst, New York?

Short-term rentals (STRs) in East Amherst, New York operate under Erie County and Town of Amherst regulations, where they are generally permitted but subject to specific restrictions and licensing requirements. The Town of Amherst requires STR operators to obtain a special use permit and comply with zoning regulations, with properties typically limited to residential zones and subject to occupancy limits, parking requirements, and noise ordinances. Properties must meet safety standards including smoke detectors, carbon monoxide detectors, and fire extinguishers, while operators must maintain liability insurance and collect applicable taxes. Recent changes around 2022-2023 have strengthened enforcement mechanisms and increased penalties for non-compliance, with the town implementing a registration system to better track STR operations. Certain areas near the University at Buffalo may have additional restrictions due to student housing concerns, and properties in historic districts or specific residential zones may face more stringent limitations. Violations can result in fines ranging from $500 to $2,000, and the town has increased inspections and complaint response procedures to address neighborhood concerns about noise, parking, and property maintenance issues associated with short-term rental operations.

What are the best places to invest in Airbnb in East Amherst, New York?

The most promising areas for Airbnb investment in East Amherst, New York include the neighborhoods near the University at Buffalo North Campus, particularly around Maple Road and North Forest Road, which attract consistent demand from visiting academics, prospective students, and families attending university events year-round. The Audubon area near Audubon Golf Course appeals to golf tourists and offers a quieter residential setting that attracts families and business travelers seeking alternatives to downtown Buffalo hotels. Properties near the Amherst Museum and Daemen College generate steady bookings from cultural tourists and college visitors. The Transit Road corridor, especially near Eastern Hills Mall and major shopping centers, draws retail tourists and provides easy highway access for guests exploring the greater Buffalo-Niagara region. Areas close to Millersport Highway benefit from proximity to both the airport route and Niagara Falls tourism traffic, making them attractive to international visitors and weekend tourists. The residential neighborhoods around Sheridan Drive offer family-friendly accommodations for visitors attending local events, youth sports tournaments, and extended-stay business travelers working with local companies in the Buffalo suburbs.

Airbnb and lodging taxes in East Amherst, New York

Airbnb properties in East Amherst, New York are subject to New York State sales tax of 8% on lodging stays of less than 30 days, which applies to the rental rate and any additional fees charged to guests. Erie County imposes an additional 3% occupancy tax on short-term rentals, bringing the total tax rate to approximately 11%. These taxes are typically collected by Airbnb directly from guests at the time of booking through their automatic tax collection system, which began in New York in 2018. Airbnb remits the collected state sales tax directly to the New York State Department of Taxation and Finance and the county occupancy tax to Erie County on behalf of hosts. Hosts are still required to register with New York State for sales tax purposes and may need to file returns even when Airbnb collects taxes, depending on their total rental income and business structure. Properties rented for 30 days or longer are generally exempt from these occupancy taxes, and certain disabled veterans may qualify for exemptions under specific circumstances. The Town of Amherst may also impose local regulations and fees, though specific municipal lodging taxes beyond the state and county requirements are not commonly applied to short-term rentals in this jurisdiction as of 2023.

Total cost to purchase, furnish and operate an Airbnb in East Amherst, New York

Starting an Airbnb in East Amherst, New York requires approximately $385,000-$425,000 in total initial investment. Property purchase costs around $320,000-$350,000 based on median home prices in the East Amherst area as of 2023-2024. Furnishing a 3-bedroom property for short-term rental typically costs $15,000-$25,000 including beds, linens, kitchen essentials, living room furniture, and décor. Initial setup expenses including professional photography, listing creation, welcome materials, and basic amenities total approximately $2,000-$3,500. Permits and fees in Erie County include short-term rental registration ($150), business license ($50-$100), and potential zoning compliance costs ($500-$1,000). Insurance for short-term rentals runs $2,500-$4,000 annually, with the first year paid upfront. Utility setup and deposits for electricity, gas, water, internet, and cable cost roughly $1,500-$2,500. First six months of operating costs including utilities ($1,800), cleaning services ($3,600), property management software ($300), maintenance reserves ($2,000), marketing ($600), and miscellaneous supplies ($1,200) total approximately $9,500. Additional considerations include potential HOA fees, property taxes, and a 10-15% contingency fund for unexpected expenses.

Are Airbnb properties in East Amherst, New York profitable?

Airbnb properties in East Amherst, New York typically generate annual revenues between $15,000-$35,000 for entire home listings, with average daily rates ranging from $80-$150 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($30-50 per turnover), property management costs (10-20% of revenue), utilities ($150-300 monthly), insurance premiums ($800-1,500 annually), and maintenance expenses ($2,000-4,000 yearly). Net profit margins typically range from 15-35% for well-managed properties, with successful hosts achieving higher margins through strategic pricing, excellent guest experiences, and efficient operations. Properties within 20 minutes of Buffalo Niagara International Airport and those offering unique amenities like hot tubs or game rooms command premium rates and higher occupancy rates of 60-75% annually. A typical 3-bedroom home purchased for $180,000 in East Amherst can generate approximately $25,000 in annual Airbnb revenue with expenses around $15,000, yielding a net profit of $10,000 or roughly 5.5% return on property value, though success factors include proximity to Daemen College, seasonal demand fluctuations with peak summer months, competitive local supply, and the host's ability to maintain high ratings and provide responsive guest service.

What is the expected return on investment for an Airbnb in East Amherst, New York?

Airbnb investments in East Amherst, New York typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10%, based on average property acquisition costs of $180,000-$250,000 and nightly rates of $85-$120 for 2-3 bedroom properties. The market shows seasonal fluctuations with peak occupancy rates of 70-80% during summer months (June-August) and 45-55% during winter, resulting in average annual occupancy of 60-65%. Initial profitability typically occurs within 18-24 months after accounting for startup costs including furnishing ($8,000-$12,000), marketing, and property management expenses. Properties within 15 minutes of University at Buffalo or near Clarence attractions command premium rates, with established listings achieving gross rental yields of 10-14% annually, while net returns after expenses (cleaning, utilities, maintenance, insurance) settle around 7-9% for well-managed properties in desirable neighborhoods like Sherwood Forest or Spaulding Lake areas.

What company can help me find and buy a profitable Airbnb in East Amherst, New York?

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for Airbnb investors in East Amherst, New York. Local real estate agents like Hunt Real Estate ERA and Nothnagle Realtors have developed expertise in the Buffalo-Amherst area vacation rental market since 2018. National services including Awning, RedAwning, and Vacasa provide comprehensive investment analysis and property management solutions for East Amherst Airbnb properties. Regional companies such as Buffalo Airbnb Management and WNY Short Term Rentals offer specialized services for investors looking to enter the Western New York market. Real estate investment firms like Roofstock and Mashvisor provide data-driven analysis tools specifically for short-term rental properties in the East Amherst area. Local agents from Howard Hanna and Re/Max North have been actively helping investors identify properties with strong rental potential near the University at Buffalo and Amherst attractions since 2019. Additional services include AirDNA for market analysis, BiggerPockets for investor networking, and local property management companies like Elite Host Co that specialize in maximizing Airbnb revenue in the East Amherst market.

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