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Office Building with Five Private Offices
For Sale
$284,900

2121 Sawyer Drive, Niagara Falls, NY 14304

CommercialSale, Niagara Falls, NY

Property Size1,538 SF
Lot Size0.04 Acres
Price / SF$185.24
Days on Market11

Property Features for 2121 Sawyer Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning 14304
Zoning description Business
Parking 40
Parking features Paved or Surfaced
Subdivision Woodstream Prof Office Co
Lot features Rectangular, Rectangular Lot
Elementary school district Niagara Wheatfield
Middle school district Niagara Wheatfield
High school district Niagara Wheatfield
Standard status Active
APN 294000-161-002-0010-010-000
Size 1,538 SF
Lot size 0.04 Acres

Additional Details

Property Use Office
Condition Move-in Ready

Taxes and HOA fees

Tax Annual Amount 6801

Utilities

Heating system Natural Gas, Central, Forced Air
Cooling system Separate Meters, Central Air
Water source Public

Amenities

handicap-accessible
reception area
conference room
open kitchen
exterior signage

Building Details

Year built 1998
Floors in Building 1
Number of units 1
Flooring type Linoleum, Carpet, Vinyl
Building materials Brick, Block, Masonry
Roof type Asphalt
Buildings 1
Listing Agency: Hooper Realty
Listed By: Michael J Hooper · License #37HO0444450
Added: Oct 27 Changed: Nov 6 Last Checked: Nov 6 at 7:06AM
MLS# B1725948

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,538-square-foot office property was built in 1998 with brick and masonry construction. Its interior includes five private offices, a reception area, a conference room, and an open kitchen. Vinyl, linoleum, and carpet flooring are specified, with central forced-air natural gas heat and central air conditioning. The roof is asphalt, and the building has public water service.

Located at 2121 Sawyer Drive in Niagara Falls, the property offers paved parking and entrances at the front and rear. Exterior signage is available, and the office is handicap-accessible.

Key Highlights

  • 1,538‑square‑foot professional office building
  • Five private offices, reception area, conference room, and open kitchen
  • Brick and masonry construction; built in 1998

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,751
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,020 $435.0K
Cap Rate 7%
$310,729 $310.7K
Cap Rate 9%
$241,678 $241.7K
Market Conditions
NOI Build-Up for 1,538 SF
Gross rent
$33.2K $21.60/SF
− Vacancy
−$4.2K −$2.74/SF
EGI
$29.0K $18.86/SF
− OpEx
−$7.3K −$4.71/SF
NOI
$21.8K $14.14/SF
Area
Niagara County, NY
Vacancy
12.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,020
Cap Rate 7%
$310,729
Cap Rate 9%
$241,678

Alternative Uses

Best Use
Office B
$310.7K
$271.9K – $362.5K (±1% cap)
NOI $21,751 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,478 @ 7.0% cap · market cap 32.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sun American Securities Financial Advisor AIG Financial Advisors Financial Advisor

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic Grocery & Convenience 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

1
Office units

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 14304, NY

28,923
Population
13,705
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
92%
High-School Grad
21.5 sq mi
ZIP Area
1,345
Density / Sq Mi
$64,756
Median Household Income
$42,613
Median Earnings
$901
Median Rent
$151,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The professional layout includes a reception area, conference room, and open kitchen.
Where is this office unit located?
The property is located at 2121 Sawyer Drive Niagara Falls, NY.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 1,538‑square‑foot professional office building; Five private offices, reception area, conference room, and open kitchen; Brick and masonry construction; built in 1998
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Includes: Price & PSF · Cap rate · Location · Zoning

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