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20-Unit Apartment Building
For Sale
Contact for pricing
Pending

942 Niagara Avenue, Niagara Falls, NY 14305

The property combines one- and two-bedroom apartments with tenant laundry and shared building facilities.

Property Size22,928 SF
Days on Market673

Property Features for 942 Niagara Avenue

General Information

Standard status Pending
Size 22,928 SF
Property subtype Special Purpose

Units

Unit Mix 10 x 1BR, 10 x 2BR
Multifamily Units 20

Additional Details

Utilities to Site Yes

Amenities

coin-operated washer and dryer
common areas
bathrooms
storage
office
kitchenette

Building Details

Buildings 1
Construction brick and stone
Listing Agency: CENTURY 21 North East
Listed By: Alisa Talarico · License #NY
Source: Crexi
Added: Oct 31, 2024 Changed: Aug 31 Last Checked: Aug 31 at 2:58PM

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 CENTURY 21 North East

Investment Insights

Based on property information with market context.

This 22,928-square-foot apartment property contains 20 residences arranged across four housing levels, with an even mix of one-bedroom and two-bedroom units. Apartments include appliances and all utilities. The brick and stone building has undergone updates including flooring, windows, and paint.

Lower-level amenities include coin-operated laundry, tenant common areas, bathrooms, and storage. The basement also contains an office, kitchenette, and mechanical rooms, providing dedicated support space within the building.

Key Highlights

  • 20 units: 10 one‑bedroom apartments and 10 two‑bedroom apartments
  • 22,928 square feet across four levels of housing
  • Brick and stone construction with updated flooring, windows, and paint

Property Analytics

Current Use

Estella Apartments Apartment Building

Suggested Use

Top Pick Hair Salon Nail Salon Electrical Service Plumbing Service Garden Center (Bike/Boat/Book/etc) Store

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

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 14305, NY

16,427
Population
8,348
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,106
Density / Sq Mi
$49,588
Median Household Income
$30,314
Median Earnings
$798
Median Rent
$109,200
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 - The property combines one- and two-bedroom apartments with tenant laundry and shared building facilities.
Where is this apartment building located?
The property is located at 942 Niagara Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 20 units: 10 one‑bedroom apartments and 10 two‑bedroom apartments; 22,928 square feet across four levels of housing; Brick and stone construction with updated flooring, windows, and paint
(716) 754-9963 Call to check price and availability
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