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Five-Unit Apartment Building
New
For Sale
$140,000

19 Langford Street, Jamestown, NY 14701

MULTI_FAMILY - Jamestown, NY

Property Size1,680 SF
Lot Size0.11 Acres
Price / SF$83.33
Days on Market3

Property Features for 19 Langford Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 4, Bathroom 3, Basement, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 5
Parking features On Street
Appliances GasWaterHeater
Subdivision Holland Land Company's Su
Lot features Irregular Lot
Elementary school Samuel G Love Elementary
Middle school Persell Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Standard status Active
APN 060800-387-039-0002-045-000
Size 1,680 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 2293

Utilities

Heating system Natural Gas, Baseboard
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 4
Flooring type Carpet, Varies, Laminate
Listing Agency: Century 21 Turner Brokers · Century 21 Real Estate
Listed By: Thomas Turner · License #10311200036
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 5 at 12:06AM
MLS# R1702815

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.

Investment Insights

Based on property information with market context.

This five-unit apartment property at 19 Langford Street contains 1,680 square feet on a 0.1148-acre lot. Four units are occupied, while one unit is vacant and available for a new lease or renovation. The building dates to 1910 and includes a basement, multiple bedrooms and bathrooms, laminate and carpet flooring, and a gas water heater. Heating is provided by natural gas baseboard systems.

The property is served by public water, with on-street parking available. Located in Jamestown, New York, the building offers a compact multifamily configuration with an existing tenant base and one vacant unit for repositioning.

Key Highlights

  • Five apartment units with four currently occupied
  • 1,680 square feet on a 0.1148‑acre lot
  • One vacant unit available for lease‑up or renovation

Financial Insights For Apartment 5plus

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 $26.6k $15.84
− Vacancy −$3.5k −$2.08
EGI $23.1k $13.76
− OpEx −$10.4k −$6.19
NOI $12.7k $7.57
1,680 SF · lease $15.84/SF/yr · vacancy 13.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$181.7K
$159.0K – $212.0K (±1% cap)
NOI $12,719 @ 7.0% cap · market cap 9.09%
Second Best
no second resolved use
Theoretical Best
Office A
$502.8K
$440.0K – $586.7K (±1% cap)
NOI $35,199 @ 7.0% cap · market cap 25.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Dental Office HVAC Service Cafe & Coffee Shop Storage Facility

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

5
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments with four occupied units and one vacancy for lease-up or renovation.
Where is this apartment building located?
The property is located at 19 Langford Street Jamestown, NY.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Five apartment units with four currently occupied; 1,680 square feet on a 0.1148‑acre lot; One vacant unit available for lease‑up or renovation
More about this property
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