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    Ashville, NY Jamestown, NY Celoron, NY
    Lakefront Multifamily Apartment Building
    Updated: Jul 2
    Lakefront Multifamily Apartment Building

    4344 W Summit Street, Lakewood, NY 14750

    $799,000
    8,843 sqft · 1.05 AC lot
    8‑unit lakefront property on Chautauqua Lake with 212 ft of frontage and beach access
    Unit mix includes one 3‑bedroom/2.1‑bath unit, six 1‑bedroom/1‑bath units, and one studio unit
    Six 1‑bedroom units are occupied and average $780/month; tenants pay their own utilities
    3‑bedroom unit and studio are currently vacant for immediate income growth or owner‑occupancy
    4‑car garage plus wraparound driveway with blacktop, concrete, and gravel drive surfaces and ample parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    4344 W Summit Street, Lakewood, NY 14750

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $67K
      Annual

    • Price @ 7% Cap

      $956K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lakewood, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    20-Unit Apartment Complex
    20-Unit Apartment Complex

    305 N Work St., Falconer, NY 14733

    $1,300,000
    23,215 sqft · 1.40 AC lot

    All-electric units with individual meters and in-building coin laundry support steady resident convenience.

    View details
    Brick 12-Unit Apartment Building
    Brick 12-Unit Apartment Building

    402 Lafayette Street, Jamestown, NY 14701

    $365,000
    6,552 sqft · 0.08 AC lot

    Twelve one-bedroom, one-bath units in a well-maintained brick building with updated windows and interior metal ceilings.

    View details
    Multifamily Investment Package For Sale
    Multifamily Investment Package For Sale

    626 Spring St, Jamestown, NY 14701

    $299,000

    Sixteen properties with 25 units, strong income potential.

    View details
    Falconer Mixed-Use Corner Property
    Falconer Mixed-Use Corner Property

    232 W Main St, Falconer, NY 14733

    $69,900
    4,140 sqft

    Mixed-use building with commercial space and two residential apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

    Two-family home on a large lot with significant development potential.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Lakewood, NY Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lakewood, NY on our real estate platform. These investment opportunities span a total of 8,843 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for two-family homes in Lakewood, NY start at $799,000, averaging $799,000, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,411
    Population Growth (5Y) -1.6%
    Median Household Income $67,083
    College Educated 49.9%

    Listings Trend

    New vs delisted commercial listings in Chautauqua County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chautauqua County

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