2535 River Road, Niagara Falls, NY 14304
MULTI_FAMILY - Other - Niagara Falls, NY
- Added:
- Jun 15, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 18 at 12:06 pm
Property Features for 2535 River Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2
- Parking features
- Open
- Patio and Porch features
- Deck, Porch
- Interior features
- CeilingFans
- Exterior features
- Deck
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 294000-175-014-0001-021-000
- Size
- 2,244 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4820
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
- Water front features
- River Access, Stream
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Tile, Varies, Vinyl
- Building materials
- VinylSiding
- Roof type
- Shingle, Flat
- Architectural style
- Other
Listing agent Julia Partsch License #10301220911 (716) 425-4502
Listing office Prestige Family Realty 2930 Sweet Home Rd, N. Tonawanda, NY (716) 389-3524
Listing date Jun 15, 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‑family home with river access/stream frontage and water views from both units
- Separate utilities, two private driveways, and a 2‑car detached garage
- Lower unit: 3 bedrooms, 2 full baths, first‑floor laundry, gas fireplace, and central air
- Upper unit: 3 bedrooms with in‑unit laundry, central air, and a vinyl deck overlooking the river
- Whole‑house generator servicing the first‑floor unit, plus easy access to the full basement
- Deck and porch, with forced‑air natural gas heating and central air
Overview
The property is located at 2535 River Road in Niagara Falls, NY, just moments from Gratwick Park. Both units feature water views, with the upper unit presenting a vinyl deck overlooking the river.
The configuration supports flexible occupancy, whether you want to live in one unit while renting the other or operate it as a straightforward two-family investment. With central air conditioning in both units and in-unit laundry on the upper level, the layout is designed for everyday comfort and practical day-to-day use. Open houses are scheduled for Saturday, June 20th from 1:00 PM to 3:00 PM, and showings begin immediately.
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 | $30.2k | $13.44 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $28.2k | $12.55 |
| − OpEx | −$8.4k | −$3.76 |
| NOI | $19.7k | $8.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Niagara Falls
- County
- Niagara
- State
- New York
- Longitude
- -78.90965
- Latitude
- 43.059395
