Turnkey 6-Unit Brick
6293 Robinson Road Lockport, NY 14094
For Sale
$950,000
MULTI_FAMILY - Lockport, NY
Property Size6,204 SF
Lot Size0.51 Acres
Price / SF$153.13
Days on Market13
Property Features for 6293 Robinson Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 8, Bathroom 6, Bedroom 6, Bathroom 4, Bedroom 9, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 5, Basement, Bedroom 7, Bedroom 12, Bedroom 11, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 10, Bathroom 3, Bedroom 4
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 292600-138-000-0001-044-000
- Size
- 6,204 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9950
Utilities
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency:
WNYbyOwner.com
(716) 523-8508
Listed By:
Robyn Sansone · License #10491209960
(716) 523-8508
Added: Jul 14
Changed: Jul 17
Last Checked: Jul 26 at 4:06PM
MLS# B1698704
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 turnkey, fully occupied six-unit brick multifamily has undergone a comprehensive top-to-bottom renovation completed in 2023. The property features brand-new kitchens with cabinets, quartz countertops, and stainless steel appliances, renovated baths with updated tile and fixtures, new flooring throughout, and new interior and exterior doors with updated locks and hardware. Additional improvements include a new roof, all-new windows, new electric radiators, new A/C units in every apartment, updated exterior lighting, hallway carpeting, and new balcony doors and balcony flooring. The building also includes sound insulation between units and a professional coin-operated laundry setup.
The property has seven separate electric meters, including one for each apartment and one landlord/common area meter, and a 12-space private parking lot. It is fully electric and includes security camera coverage and secure tenant mailboxes.
Professional management is available after closing, including rent collection and accounting, tenant relations, maintenance and repairs, leasing and renewals, move-ins and move-outs, and day-to-day management. The current offering is by appointment only, with no showings until 7/22 and proof of funds required.
The property has seven separate electric meters, including one for each apartment and one landlord/common area meter, and a 12-space private parking lot. It is fully electric and includes security camera coverage and secure tenant mailboxes.
Professional management is available after closing, including rent collection and accounting, tenant relations, maintenance and repairs, leasing and renewals, move-ins and move-outs, and day-to-day management. The current offering is by appointment only, with no showings until 7/22 and proof of funds required.
Key Highlights
- Turnkey 6‑unit brick multifamily, fully occupied with long‑term tenants and on‑time payment record
- 6 units totaling 6,204 sq ft with 12 bedrooms and 6 baths; base rent $6,875/month ($82,500/year) plus coin laundry income
- All‑electric building with 7 separate electric meters (one per apartment plus one landlord/common area meter); electric water heater and baseboard heat
Financial Insights For Apartment 5plus
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 | $94.5k | $15.24 |
| − Vacancy | −$6.6k | −$1.07 |
| EGI | $87.9k | $14.17 |
| − OpEx | −$39.6k | −$6.38 |
| NOI | $48.4k | $7.80 |
6,204 SF · lease $15.24/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$690.9K
$604.5K – $806.0K
NOI $48,362 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.27M
$4.61M – $6.15M
NOI $369,006 @ 7.0% cap · market cap 38.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Turnkey, fully occupied six-unit brick building with 2023 renovations, coin laundry income, and private off-street parking.
Where is this apartment building located?
The property is located at 6293 Robinson Road Lockport, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Turnkey 6‑unit brick multifamily, fully occupied with long‑term tenants and on‑time payment record; 6 units totaling 6,204 sq ft with 12 bedrooms and 6 baths; base rent $6,875/month ($82,500/year) plus coin laundry income; All‑electric building with 7 separate electric meters (one per apartment plus one landlord/common area meter); electric water heater and baseboard heat
