1812 18th Street, Niagara Falls, NY 14305
MULTI_FAMILY - Niagara Falls, NY
- Added:
- Apr 21, 2026
- Days on Market:
- 77
- Last Refresh:
- Jul 6 at 3:06 am
Property Features for 1812 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Basement, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 291100-144-056-0002-044-000
- Size
- 1,632 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 816
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies
- Building materials
- CompositeSiding
Listing agent Pushpa Gunatilake License #10311200587 (716) 907-3046
Listing office Pioneer Star Real Estate Inc. 139 Niagara Falls Blvd, Williamsville, NY (716) 689-7250
Listing date Apr 21, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit property currently prepared and rented; all furniture included
- Adjacent lot included at 1662 Weston Ave (SBL #: 291100‑045‑000), 29 x 89
- Annual taxes noted at $78 for the adjacent lot
- Heating: forced air with natural gas; includes gas water heater
- Construction features composite siding; flooring includes vinyl and varies
- Located in a zone for short‑term rentals
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.9k | $13.44 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $20.5k | $12.55 |
| − OpEx | −$6.1k | −$3.76 |
| NOI | $14.3k | $8.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Niagara Falls
- County
- Niagara
- State
- New York
- Longitude
- -79.04004
- Latitude
- 43.105484
