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20-Unit Apartment Building
For Sale
$1,100,000

305 N Work St., Falconer, NY 14733

MultiFamily, Falconer, NY

Property Size23,215 SF
Lot Size1.40 Acres
Price / SF$47.38
Days on Market70

Property Features for 305 N Work St.

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 20
Rooms Bedroom 15, Bedroom 11, Bedroom 10, Bedroom 17, Bedroom 19, Bedroom 4, Bedroom 18, Bedroom 3, Bedroom 13, Bedroom 9, Bedroom 12, Bedroom 1, Bedroom 20, Basement, Bedroom 7, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 14, Bedroom 16
Parking features Driveway, Garage
Security features Security
Exterior features Fence, GravelDriveway, PrivateYard
Fencing Fenced
Appliances ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator
Lot features Corner Lot, Irregular Lot
Elementary school Harvey C Fenner Elementary
Middle school Falconer Middle
High school Falconer Middle/High
Elementary school district Falconer
Middle school district Falconer
High school district Falconer
Directions From the Main Street in the heart of the village at the traffic light and ,go left to North Work street approx 3 blocks on the Left . Look for 305 North work apartments . It was the Northside Elementary School.
Subdivision Falconer-Village-063803
Standard status Active
APN 371.10-4-1
Size 23,215 SF
Lot size 1.40 Acres

Taxes and HOA fees

Tax Annual Amount 15283

Utilities

Heating system Baseboard, Electric (Heating)
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1938
Floors in Building 2
Number of units 20
Flooring type Vinyl, Varies, Laminate
Building materials BlownInInsulation, Brick
Roof type Rubber, Flat, Membrane
Additional Structures Barn(s)
Listing Agency: Real Estate Advantage
Listed By: Genevieve "Ginger" Johnson · License #30JO0773088
Added: Jul 2 Changed: Sep 7 Last Checked: Sep 9 at 12:06PM
MLS# R1695498

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 20-unit apartment building at 305 N Work St. includes 18 one-bedroom apartments and 2 two-bedroom apartments. The all-electric units are individually metered and include a stove and refrigerator. Residents have access to two coin-operated laundry rooms within the building. The property measures 23,215 square feet on 1.4 acres and was built in 1938.

Exterior features include a fenced private yard and gravel driveway, with driveway and garage parking. The building has a flat membrane roof, brick construction, and public water service. Located in Falconer, the property offers access to shopping, restaurants, schools, parks, local employers, and transportation routes, with Jamestown nearby.

Key Highlights

  • 20 residential apartment units across 18 one‑bedroom and 2 two‑bedroom apartments
  • 23,215 square feet on 1.4 acres
  • All‑electric units with individual electric meters

Property Analytics

Current Use

Falconer Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby

Demographics for 14733, NY

3,663
Population
1,626
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
137
Density / Sq Mi
$56,157
Median Household Income
$34,215
Median Earnings
$675
Median Rent
$102,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with individually metered electric apartments, on-site laundry facilities, and convenient access to local amenities.
Where is this apartment building located?
The property is located at 305 N Work St. Falconer, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 20 residential apartment units across 18 one‑bedroom and 2 two‑bedroom apartments; 23,215 square feet on 1.4 acres; All‑electric units with individual electric meters
More about this property
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