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Yorkshire Apartments 628 9th St 42 Unit Apartment Building $1,350,000 ($32,143/Unit) Niagara Falls, NY 14301
Investment Highlights
- Strategic location in Niagara Falls area
- Zoned Commercial
- 25,890 SF building
Executive Summary
Exceptional opportunity to acquire a 42-unit multifamily asset located in the heart of downtown Niagara Falls. Situated directly across from a major hospital, one block from the courthouse, and minutes from Niagara Falls State Park, this property offers unparalleled proximity to major employers, infrastructure, and one of the world’s top tourist destinations. This partially completed redevelopment project is primed for a new investor to step in and capitalize. All preliminary work has been professionally completed, including: environmental study, interior demolition & cleanup, rough plumbing. This project offers flexibility for a range of investment strategies—long-term rentals, short-term furnished units, or mixed-use potential. Ideal for 1031 exchange or portfolio expansion Unlock substantial value-add potential in one of Western New York’s fastest-growing markets. All the groundwork is done—bring your vision and complete the project. Offered As-Is. Serious Inquiries Only.
Property Facts
| Price | $1,350,000 | Building Class | C |
| Price Per Unit | $32,143 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 31,464 SF |
| No. Units | 42 | Average Occupancy | 93% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1990 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | C2-A - a commercial overlay district that allows a wider range of uses than C1 zoning districts | ||
| Price | $1,350,000 |
| Price Per Unit | $32,143 |
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 31,464 SF |
| Average Occupancy | 93% |
| No. Stories | 4 |
| Year Built | 1990 |
| Opportunity Zone |
Yes |
| Zoning | C2-A - a commercial overlay district that allows a wider range of uses than C1 zoning districts |
Amenities
Unit Amenities
- Cable Ready
- Heating
- High Speed Internet Access
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 560 |
| 2+1 | 13 | - | 650 - 700 |
| 3+1 | 4 | - | 720 |
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Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 291100-159-022-0003-052-000 | Improvements Assessment | $156,400 |
| Land Assessment | $43,600 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
291100-159-022-0003-052-000
Land Assessment
$43,600
Improvements Assessment
$156,400
Total Assessment
$200,000
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Yorkshire Apartments | 628 9th St