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8-Unit Apartment Building
New
For Sale
$450,000

119 E Main St, Springville, NY 14141

Five apartments are occupied, while three require completion or minor updates before leasing.

Property Size8,550 SF
Lot Size1.60 Acres
Price / SF$52.63
Days on Market5

Property Features for 119 E Main St

General Information

Standard status Active
Size 8,550 SF
Lot size 1.60 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needing minor updates

Units

Unit Mix 7 x 1BR, 1 x 2BR
Multifamily Units 8

Building Details

Year Built 1920
Year Renovated 2017
Buildings 1
Listing Agency: WNY Metro Roberts Realty
Listed By: David M Witczak · License #40WI1033093
Source: Skinnercnyrealty
Added: Oct 4 Changed: Oct 8 Last Checked: Oct 7 at 2:30PM

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 WNY Metro Roberts Realty

Investment Insights

Based on property information with market context.

This 8,550-square-foot apartment property contains eight residences: seven one-bedroom units and one two-bedroom unit. Five are occupied; one apartment remains unfinished, and two others need minor updates. The building underwent remodeling in 2016–2017, including work to kitchens and bathrooms and finishes such as hardwood and tile flooring and granite countertops.

The property occupies 1.6 acres in Springville, New York.

Key Highlights

  • Eight apartments: seven 1‑bedroom units and one 2‑bedroom unit
  • 8,550 square feet on 1.6 acres
  • Five units occupied; one needs completion and two need minor updates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 14141, NY

7,585
Population
3,675
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
93%
High-School Grad
72.3 sq mi
ZIP Area
105
Density / Sq Mi
$71,837
Median Household Income
$48,453
Median Earnings
$738
Median Rent
$195,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments are occupied, while three require completion or minor updates before leasing.
Where is this apartment building located?
The property is located at 119 E Main St Springville, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Eight apartments: seven 1‑bedroom units and one 2‑bedroom unit; 8,550 square feet on 1.6 acres; Five units occupied; one needs completion and two need minor updates
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