Sunset Bay Corner
954 Charles Street Irving, NY 14081
954 Charles Street, Irving, NY, 14081
$499,900
For Sale
$499,900
MULTI_FAMILY - Irving, NY
Property Size1,960 SF
Lot Size0.21 Acres
Price / SF$255.05
Days on Market64
Property Features for 954 Charles Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Patio and Porch features
- Porch
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 064689-032-008-0003-035-000
- Size
- 1,960 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4504
Utilities
- Heating system
- Natural Gas, Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Varies, Tile, Laminate, Carpet
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Metal
Listing agency
Howard Hanna Holt - Fredonia
(716) 673-1800
Listed by
Brittany Cerrie · License #10401351451
(716) 868-4000
Added: May 20 Updated: Jul 12 at 9:36AM Checked: Jul 22 at 3:06PM
MLS# R1682579
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 duplex is located in Sunset Bay, near the marina, boat launch, beachfront restaurants, and sandy beach. Each unit features 3 furnished bedrooms, a spacious living room, and a large eat-in kitchen. Side A includes 1.5 baths, while Side B has a first-floor bedroom plus 2 full baths. A large two-level covered back deck spans the width of the building, suitable for outdoor entertaining or guest relaxation. The property includes a coin-operated washer/dryer, separate electric boxes, hot water tanks, and boilers in the common entry. Driveway and off-street parking are available for each unit. The corner lot is partially fenced, adding privacy and convenience. The oversized detached garage measures approximately 23' x 33' with about 12' clearance from floor to rafters. Recent updates include a metal roof on both the house and garage, and nearly all replacement windows. The property is located in a popular vacation neighborhood, with strong weekly summer rental potential. The lot size is 0.2057 acres and the property size is 1960 square feet.
Key Highlights
- Duplex built in 1950 with two units, each offering 3 furnished bedrooms plus a spacious living room and large eat‑in kitchen
- Shared large two‑level covered back deck spans the width of the building for outdoor living
- Oversized detached garage approx. 23' x 33' with ~12' clearance from floor to rafters, plus storage space for boats, cars, and beach gear
Local Financial Insights For Multifamily LT 5
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 | $26.5k | $13.50 |
| − Vacancy | −$3.3k | −$1.68 |
| EGI | $23.2k | $11.82 |
| − OpEx | −$7.0k | −$3.55 |
| NOI | $16.2k | $8.27 |
1,960 SF · lease $13.50/SF/yr · vacancy 12.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.7K
$202.7K – $270.3K
NOI $16,218 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$212.0K
$185.5K – $247.3K
NOI $14,839 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$586.7K
$513.3K – $684.4K
NOI $41,066 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Rare duplex near marina, beach, and restaurants. Income potential.
Where is this duplex located?
The property is located at 954 Charles Street Irving, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Duplex built in 1950 with two units, each offering 3 furnished bedrooms plus a spacious living room and large eat‑in kitchen; Shared large two‑level covered back deck spans the width of the building for outdoor living; Oversized detached garage approx. 23' x 33' with ~12' clearance from floor to rafters, plus storage space for boats, cars, and beach gear
