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20-Unit Apartment Building
For Sale
$1,100,000

305 N Work St, Falconer, NY 14733

All-electric units include individual meters, stoves, and refrigerators.

Property Size23,215 SF
Price / SF$47.38
Days on Market42

Property Features for 305 N Work St

General Information

Standard status Active
Size 23,215 SF
Property subtype Residential Income

Units

Unit Mix 18 x 1BR, 2 x 2BR
Multifamily Units 20

Taxes and HOA fees

Annual Taxes $15,283

Amenities

coin-operated laundry rooms
Listing Agency: Real Estate Advantage
Listed By: Genevieve "Ginger" Johnson · License #30JO0773088
Source: Exprealty
Added: Jul 2 Changed: Aug 12 Last Checked: Aug 12 at 3:19AM

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 Real Estate Advantage

Investment Insights

Based on property information with market context.

This 20-unit apartment property in Falconer, New York, includes 18 one-bedroom units and 2 two-bedroom units. Every apartment is served by electricity with its own electric meter, and each unit includes a stove and refrigerator. Two coin-operated laundry rooms are located within the building.

The property is situated at 305 N Work St and offers access to shopping, restaurants, schools, parks, and major transportation routes. Its location also provides convenient access to Jamestown and surrounding communities.

Key Highlights

  • 20 residential apartment units
  • Unit mix includes 18 one‑bedroom apartments and 2 two‑bedroom apartments
  • All‑electric units with individual electric meters

Property Analytics

Current Use

Falconer Apartments Apartment Building

Suggested Use

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

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

349
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

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?
Apartment building - All-electric units include individual meters, stoves, and refrigerators.
Where is this apartment building located?
The property is located at 305 N Work St Falconer, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 20 residential apartment units; Unit mix includes 18 one‑bedroom apartments and 2 two‑bedroom apartments; All‑electric units with individual electric meters
More about this property
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