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    628 9Th St Niagara Falls, NY 14301

    Pending
    For Sale
    $1,430,000

    MULTI_FAMILY - Niagara Falls, NY

    Property size:
    31,464 SF
    Lot size:
    0.50 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 628 9Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 12, Bedroom 33, Bedroom 6, Bedroom 38, Bedroom 3, Bedroom 19, Bedroom 31, Bedroom 34, Basement, Bedroom 16, Bedroom 29, Bedroom 25, Bedroom 4, Bedroom 41, Bedroom 11, Bedroom 20, Bedroom 9, Bedroom 5, Bedroom 15, Bedroom 42, Bedroom 13, Bedroom 27, Bedroom 2, Bedroom 30, Bedroom 24, Bedroom 8, Bedroom 39, Bedroom 26, Bedroom 10, Bedroom 21, Bedroom 17, Bedroom 22, Bedroom 36, Bedroom 40, Bedroom 1, Bedroom 35, Bedroom 7, Bedroom 28, Bedroom 37, Bedroom 14, Bedroom 32, Bedroom 18, Bedroom 23
    Bedrooms
    42
    APN
    291100-159-022-0003-052-000
    Parking features
    Driveway, Garage
    Appliances
    GasWaterHeater
    Size
    31,464 SF
    Lot size
    0.50 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    4
    Number of units
    42
    Flooring type
    Vinyl, Varies, Tile
    Building materials
    Block, Concrete
    Roof type
    Rubber, Membrane, Flat

    Pioneer Star Real Estate Inc. (716) 907-3046 [email protected]

    Listing agent Pushpa Gunatilake (716) 689-7250 License #10311200587

    Listing date Oct 1, 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

    Niagara Falls Multifamily Redevelopment Opportunity

    This is an exceptional opportunity to acquire a 42-unit multifamily asset in downtown Niagara Falls. The property is situated directly across from a major hospital and one block from the courthouse, minutes from Niagara Falls State Park. This location offers proximity to major employers, infrastructure, and a top tourist destination. This partially completed redevelopment project is ready for a new investor. Preliminary work has been professionally completed, including an environmental study, interior demolition and cleanup, rough plumbing, and a third-party appraisal. The property, with a size of 31464 square feet and a lot size of 0.5 acres, offers flexibility for long-term rentals, short-term furnished units, or mixed-use potential. The location is in a high-demand rental corridor with a strong tenant base from the nearby hospital, courthouse, and tourism industry. There is high upside for cash flow and equity growth with limited downtown inventory. The property is ideal for 1031 exchange or portfolio expansion. The groundwork is done to complete the project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Hair Salon Dental Office 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
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.052167
    Latitude
    43.094014

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    FAQs

    What type of property is this?
    Apartment building - 42-unit multifamily redevelopment in downtown Niagara Falls.
    Where is this apartment building located?
    The property is located at 628 9Th St Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $1,430,000.
    What are key features of this property?
    This property features: - 42-unit multifamily redevelopment opportunity in prime downtown Niagara Falls location.; - Unparalleled proximity to major hospital, courthouse, and Niagara Falls State Park.; - Preliminary work completed: environmental study, interior demolition & cleanup, rough plumbing, third-party appraisal.
    (716) 689-7250
    Request Owner's contact information
    628 9Th St Niagara Falls, NY 14301
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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
    628 9Th St Niagara Falls, NY 14301
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