Fire-Damaged Multifamily
For Sale
Contact for pricing
1210 19th Street, Niagara Falls, NY 14301
The 1910 property contains 2,002 square feet and requires entry with caution due to extensive fire damage.
Property Size2,002 SF
Price / SF$11.49
Days on Market102
Property Features for 1210 19th Street
General Information
Standard status
Active
Size
2,002 SF
Property subtype
Multi Family Home
Property Condition
Severity
Major Repairs Needed
Evidence
Extensive Fire damage
Taxes and HOA fees
Annual Taxes
$503
Building Details
Building Size
2,002 SF
Year Built
1910
Stories
2
Units
11
Listing Agency:
Hooper Realty
(716) 285-0477
Listed By:
Frank A Pietrangeli · License #30PI0692526
(716) 531-3080
Source:
Franzese-realestate
Added: Jul 19
Changed: Oct 25
Last Checked: Oct 26 at 4:01AM
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 Hooper Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1910, this multifamily property contains 2,002 square feet. Extensive fire damage is present, and the property is being offered in its existing condition.
Entry requires caution. Access is through the side door; plywood must be removed with a drill to enter and secured again upon departure. A flashlight is advised inside.
Entry requires caution. Access is through the side door; plywood must be removed with a drill to enter and secured again upon departure. A flashlight is advised inside.
Key Highlights
- 2,002 square feet of multifamily space
- Built in 1910
- Extensive fire damage; entry with caution
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,606
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,120
$312.1K
Cap Rate 7%
$222,943
$222.9K
Cap Rate 9%
$173,400
$173.4K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$30.5K $15.24/SF
− Vacancy
−$2.1K −$1.07/SF
EGI
$28.4K $14.17/SF
− OpEx
−$12.8K −$6.38/SF
NOI
$15.6K $7.80/SF
Area
Niagara County, NY
Vacancy
7.00%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,120
Cap Rate 7%
$222,943
Cap Rate 9%
$173,400
Alternative Uses
Best Use
Apartment 5plus
$222.9K
$195.1K – $260.1K
NOI $15,606 @ 7.0% cap · market cap 67.85%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.70M
$1.49M – $1.98M
NOI $119,076 @ 7.0% cap · market cap 517.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
Explore this area
Business Placement
Demographics for 14301, NY
12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
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
Frequently Asked Questions
What type of property is this?
Multifamily property - The 1910 property contains 2,002 square feet and requires entry with caution due to extensive fire damage.
Where is this multifamily property located?
The property is located at 1210 19th Street Niagara Falls, NY.
What are key features of this property?
This property features: 2,002 square feet of multifamily space; Built in 1910; Extensive fire damage; entry with caution
