Waterfront Redevelopment
For Sale
$1,700,000
2 Fall Street, Seneca Falls, NY 13148
32-unit apartment building with redevelopment potential in Seneca Falls, NY.
Property Size34,000 SF
Lot Size1.40 Acres
Price / SF$50
Days on Market149
Property Features for 2 Fall Street
General Information
Standard status
Active
Size
34,000 SF
Lot size
1.40 Acres
Property subtype
Multifamily
Listing Agency:
(315) 422-4200
Listed By:
Cory LaDuke, SIOR · License #Associate Real Estate Broker
Source:
Cbre
Added: Mar 25
Changed: Aug 16
Last Checked: Aug 19 at 4:51AM
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 Cory LaDuke, SIOR
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 13148, NY
10,541
Population
5,565
Households
1.9
Avg Household Size
42
Median Age
26%
College-Educated
85%
High-School Grad
62.3 sq mi
ZIP Area
169
Density / Sq Mi
$58,971
Median Household Income
$41,743
Median Earnings
$910
Median Rent
$129,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
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 Street 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.
