Masonry Office Building with
2121 Sawyer Drive Niagara Falls, NY 14304
For Sale
$284,900
SINGLE_FAMILY - Niagara Falls, NY
Property Size1,538 SF
Lot Size0.04 Acres
Price / SF$185.24
Days on Market101
Property Features for 2121 Sawyer Drive
General Information
Property type
Residential
Property subtype
Office
Zoning
offices
Parking
40
Parking features
Paved or Surfaced
Standard status
Active
APN
294000-161-002-0010-010-000
Size
1,538 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4907
Utilities
Heating system
Central, Forced Air, Natural Gas
Cooling system
Central Air, Separate Meters
Water source
Public
Building Details
Year built
1998
Floors in Building
1
Number of units
1
Flooring type
Linoleum, Carpet, Vinyl
Building materials
Brick, Block, Masonry
Roof type
Asphalt
Listing Agency:
Hooper Realty
(716) 285-0477
Listed By:
Michael J Hooper · License #37HO0444450
(716) 285-0477
Added: Apr 21
Changed: Jul 29
Last Checked: Jul 30 at 4:06AM
MLS# B1675337
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully masonry office building features a handicap-accessible layout with an open reception area, five individual offices, and a conference room. There is also an open kitchen area, with front and back entrance areas. A new roof has been installed, and the property includes signage at the front of the building. Office equipment and furnishings are negotiable.
The building is described as highly visible and convenient, with parking available both in front and behind the building. The listing notes easy visibility from the road via the front signage.
The interior configuration supports multiple professional office uses, including the law, real estate, insurance, financial services, and construction-related office formats mentioned in the remarks.
The building is described as highly visible and convenient, with parking available both in front and behind the building. The listing notes easy visibility from the road via the front signage.
The interior configuration supports multiple professional office uses, including the law, real estate, insurance, financial services, and construction-related office formats mentioned in the remarks.
Key Highlights
- 1998‑built fully masonry office building with asphalt shingle roof and brick/block construction
- Central natural gas forced‑air heating with central air conditioning and separate meters
- Handicap accessible layout with open reception area plus front and back entrances
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $21.60 |
| − Vacancy | −$4.2k | −$2.74 |
| EGI | $29.0k | $18.86 |
| − OpEx | −$7.3k | −$4.71 |
| NOI | $21.8k | $14.14 |
1,538 SF · lease $21.60/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$310.7K
$271.9K – $362.5K
NOI $21,751 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.31M
$1.14M – $1.52M
NOI $91,478 @ 7.0% cap · market cap 32.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Fully masonry office building with a new roof, reception area, five offices, and conference room, plus front and rear parking.
Where is this office units located?
The property is located at 2121 Sawyer Drive Niagara Falls, NY.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 1998‑built fully masonry office building with asphalt shingle roof and brick/block construction; Central natural gas forced‑air heating with central air conditioning and separate meters; Handicap accessible layout with open reception area plus front and back entrances
