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6-Unit Apartment Building
For Sale
Contact for pricing
Pending

283 Lock St, Lockport, NY 14094

Brick-and-vinyl multifamily property with a four-unit building and separate duplex configuration.

Property SizeContact for details
Days on Market142

Property Features for 283 Lock St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: HusVar Real Estate
Listed By: Ryan Devin · License #NY 1040129186
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:21PM

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 HusVar Real Estate

Investment Insights

Based on property information with market context.

Located at 283 Lock St in Lockport, NY, this apartment property contains 6 units across an 8,000+ sqft improvement. The asset combines a brick-and-vinyl 4-unit building with a separate duplex, creating a varied multifamily layout within one property. Units are separately metered for gas and electric, supporting straightforward utility management. The property is fully occupied and includes coin-operated laundry equipment.

Recent capital work includes vinyl windows, updated electrical panels, several newer hot water tanks and furnaces, and a roof on the 4-unit building that is 5 years old. The property also carries an 8.7% cap rate, providing a concise measure of its current investment performance.

Key Highlights

  • 6‑unit apartment property with a 4‑unit building and duplex
  • 8,000+ sqft multifamily property at 283 Lock St, Lockport, NY 14094
  • Fully occupied apartment asset

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 14094, NY

50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
Median Home Value

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 - Brick-and-vinyl multifamily property with a four-unit building and separate duplex configuration.
Where is this apartment building located?
The property is located at 283 Lock St Lockport, NY.
What are key features of this property?
This property features: 6‑unit apartment property with a 4‑unit building and duplex; 8,000+ sqft multifamily property at 283 Lock St, Lockport, NY 14094; Fully occupied apartment asset
More about this property
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