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    402 Lafayette St Jamestown, NY 14701

    Under Contract
    For Sale
    $395,000

    COMMERCIAL - Jamestown, NY

    Property size:
    6,552 SF
    Days on Market:
    111
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 402 Lafayette St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 3, Bedroom 12, Bedroom 11, Bedroom 6, Basement, Bedroom 9, Bedroom 1, Bedroom 4, Bedroom 10
    Bedrooms
    12
    APN
    060800-387.40-1-33
    Parking features
    Driveway, Garage
    Appliances
    AppliancesNegotiable, ElectricWaterHeater
    Size
    6,552 SF

    Utilities

    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1914
    Floors in Building
    3
    Number of units
    12
    Flooring type
    Laminate, Carpet, Varies
    Building materials
    Brick
    Roof type
    Metal

    Real Estate Advantage (716) 484-2020 [email protected]

    Listing agent Jonathan Ray (716) 484-2020 License #10401292459

    Listing date Aug 26, 2025

    Copyright © 2025 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.

    Overview

    Jamestown Multifamily Investment Opportunity

    This is a classic brick 12-unit apartment building featuring updated apartments. The property is located in close proximity to the National Comedy Center, Jamestown Ice Arena, restaurants, and coffee shops. The building has a newer metal roof and windows, and it is extremely well maintained. The property is 6,552 square feet. This turn-key, self-sufficient building can be overseen and operated with ease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.244968
    Latitude
    42.097002

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    FAQs

    What type of property is this?
    Apartment building - Updated 12-unit building near amenities in Jamestown, New York.
    Where is this apartment building located?
    The property is located at 402 Lafayette St Jamestown, NY.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Turnkey, self-sufficient 12-unit building for easy operation; - Updated apartments in a classic brick building; - Newer metal roof and windows offer peace of mind
    (716) 484-2020
    Request Owner's contact information
    402 Lafayette St Jamestown, NY 14701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 Lafayette St Jamestown, NY 14701
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