Waterfront Redevelopment
2 Fall Street Seneca Falls, NY 13148
2 Fall Street, Seneca Falls, NY, 13148
$1,700,000
For Sale
$1,700,000
32-unit apartment building with redevelopment potential in Seneca Falls, NY.
Property Size34,000 SF
Lot Size1.40 Acres
Price / SF$50
Days on Market119
Property Features for 2 Fall Street
General Information
- Standard status
- Active
- Size
- 34,000 SF
- Lot size
- 1.40 Acres
- Property subtype
- Multifamily
Listing agency
(315) 422-4200
Listed by
Cory LaDuke, SIOR · License #Associate Real Estate Broker
Source
Cbre
Added: Mar 25 Updated: Jul 6 at 12:04PM Checked: Jul 21 at 5:03AM
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 Cory LaDuke, SIOR
Investment Insights
Based on property information with market context.
Located in Seneca Falls, New York, the Lakeview Apartments at 2 Fall Street present a unique redevelopment opportunity with waterfront potential. The property, originally a hospital from 1958 to 1978, now features 32 residential units within its approximately 34,000 square feet across three stories. An updated elevator serves the tenants. The property has significant upside potential, including the addition of 12 to 15 more residential units in the unfinished sections of the building. There is also potential for installing dock slips to capitalize on the waterfront location. A recent $96,000 capital expenditure investment was made into the elevator. The certificate of occupancy is transferable and valid through December 31, 2026. The property is situated on approximately 1.4 acres. Seneca Falls is located in the northern part of the Finger Lakes region, midway between Rochester and Syracuse, along the shores of the Cayuga–Seneca Canal. The town is often regarded as the birthplace of the women’s rights movement in the United States and has a mix of manufacturing, tourism, and small business.
Key Highlights
- Significant upside potential: Add 12‑15 more residential units.
- Underutilized waterfront location with potential for dock slips.
- Existing income from 32 residential units while redeveloping.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lake vew
Apartment Building
Chen Luke B ...
Physician
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FAQs
What type of property is this?
Apartment building - 32-unit apartment building with redevelopment potential in Seneca Falls, NY.
Where is this apartment building located?
The property is located at 2 Fall Street Seneca Falls, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Significant upside potential: Add 12‑15 more residential units.; Underutilized waterfront location with potential for dock slips.; Existing income from 32 residential units while redeveloping.
