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Four-Unit Quadplex with Garage
For Sale
$99,900
Pending

27 Merchant Place, Falconer, NY 14733

CommercialSale, Falconer, NY

Property Size4,480 SF
Lot Size0.07 Acres
Days on Market108

Property Features for 27 Merchant Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning 43
Zoning description Commercial
Parking 4
Lot features Rectangular, Rectangular Lot
Elementary school district Falconer
Middle school district Falconer
High school district Falconer
Directions Merchant is off N Work. Behind Belview East, next to Burger King.
Subdivision Falconer-Village-063803
Standard status Pending
APN 063803-371-006-0003-069-000
Size 4,480 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 2920

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Building Details

Year built 1950
Floors in Building 2
Roof type Rolled Hot Mop, Flat
Listing Agency: Keller Williams Realty
Listed By: Taylor Bennett · License #10401246823
Added: Jun 24 Changed: Sep 14 Last Checked: Oct 9 at 1:06AM
MLS# R1692714

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 4,480-square-foot quadplex includes a large garage at ground level and four one-bedroom apartments on the floor above. Constructed in 1950, the building is served by natural gas heating with baseboard distribution and a hot water boiler. The flat roof uses a rolled hot mop system and requires replacement.

The property occupies 0.0749 acres at 27 Merchant Place in Falconer, NY 14733. Public water and public sewer serve the building, and the zoning designation is 43. The two-level configuration brings residential units and garage space together within a compact commercial property.

Key Highlights

  • Four one‑bedroom apartments on the second floor
  • Large first‑floor garage
  • 4,480 square feet on 0.0749 acres

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Parking Lot & Garage Electrical Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

Demographics for 14733, NY

3,663
Population
1,626
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
137
Density / Sq Mi
$56,157
Median Household Income
$34,215
Median Earnings
$675
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Two-level property combines four one-bedroom apartments with a substantial ground-floor garage and public utilities.
Where is this quadplex located?
The property is located at 27 Merchant Place Falconer, NY.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Four one‑bedroom apartments on the second floor; Large first‑floor garage; 4,480 square feet on 0.0749 acres
More about this property
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