2 Fall St Seneca Falls, NY 13148
32-unit apartment building with redevelopment potential in Seneca Falls, NY.
Property size:
34,000 SFProperty Features for 2 Fall St
General Information
- Standard status
- Active
- Size
- 34,000 SF
Source:
Cbre
Listing Agent: Cory Laduke, Sior
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waterfront Redevelopment Opportunity
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.
Location Intelligence
Current Use by Public Records
Lake vew
Apartment Building
Chen Luke B ...
Physician
Location Insight
- Map
- Local Demand
- City
- Seneca Falls
- County
- Seneca
- State
- New York
- Longitude
- -76.7942271
- Latitude
- 42.9117076
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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 St 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.
