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Five-Unit Apartment Building
New
For Sale
$259,900

117 Kirby Avenue, Lackawanna, NY 14218

Five apartments with varied bedroom counts sit on a corner parcel near shopping, restaurants, public transportation, and major roads.

Property Size8,287 SF
Lot Size0.43 Acres
Price / SF$31.36
Days on Market5

Property Features for 117 Kirby Avenue

General Information

Standard status Active
Size 8,287 SF
Lot size 0.43 Acres
Property subtype Residential Income
Net Operating Income $11,385

Property Condition

Severity Repairs Needed
Evidence cosmetic improvements

Units

Unit Mix 1 x 4BR/1BA, 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,615

Amenities

Radiant, Natural Gas
Full
Gas Water Heater
Asphalt, Garage

Building Details

Building Size 8,287 SF
Year Built 1900
Stories 2
Listing Agency: Gurney Becker & Bourne
Listed By: John C Brady · License #10401367903
Source: Evrealestate
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 16 at 8:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gurney Becker & Bourne

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Investment Insights

Based on property information with market context.

The 8,287-square-foot building contains five apartments: one with four bedrooms and one bathroom, three with two bedrooms and one bathroom each, and one with one bedroom and one bathroom. The property has 11 bedrooms and five bathrooms overall. Interior features include living areas, individual kitchens and bathrooms, a full basement, and a driveway. Built in 1900, the building occupies a 0.43-acre corner lot.

Electric Avenue is nearby, along with shopping, restaurants, public transportation, and major roadways. The property records a Walk Score of 73, a Bike Score of 60, and a Transit Score of 30.

Key Highlights

  • Five apartments with a 4‑bedroom, 1‑bath unit, three 2‑bedroom, 1‑bath units, and one 1‑bedroom, 1‑bath unit
  • 8,287 square feet on a 0.43‑acre corner lot
  • 11 bedrooms and 5 bathrooms total

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Nail Salon Skin Care Clinic 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 14218, NY

20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments with varied bedroom counts sit on a corner parcel near shopping, restaurants, public transportation, and major roads.
Where is this apartment building located?
The property is located at 117 Kirby Avenue Lackawanna, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Five apartments with a 4‑bedroom, 1‑bath unit, three 2‑bedroom, 1‑bath units, and one 1‑bedroom, 1‑bath unit; 8,287 square feet on a 0.43‑acre corner lot; 11 bedrooms and 5 bathrooms total
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