942 Niagara AveNiagara Falls, NY 14305
- Specialty properties
- 22,928 SF
Property Details for 942 Niagara Ave
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 22,928 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
Exceptional investment opportunity in Niagara Falls, NY, presents a 22,928 square foot, four-level commercial building situated on a 0.34-acre lot at 942 Niagara Avenue, zip code 14305. Currently generating over $26,000 in monthly gross income, this meticulously maintained brick and stone structure houses twenty residential units—ten one-bedroom and ten two-bedroom apartments, all complete with appliances. The building includes a fully equipped basement level featuring coin-operated laundry facilities, common areas, bathrooms, and ample tenant storage. Additional lower-level amenities encompass an office, kitchenette, and mechanical rooms. Recent renovations encompass flooring, windows, and interior painting. This turnkey operation offers significant upside potential for growth, further enhanced by available buyer incentives and grant financing opportunities. The property is listed at $875,000.
Location Insight
- City
- Niagara Falls
- County
- Niagara
- State
- New York
- Latitude
- 43.1079
- Longitude
- -79.0522
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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