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20-Unit Apartment Building

305 N Work St., Falconer, NY 14733

For Sale
$1,100,000

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

Property Size23,215 SF
Price / SF$47.38
Days on Market89

Property Features for 305 N Work St.

General Information

Standard status Active
Size 23,215 SF
Property subtype Multi Family

Units

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

Amenities

coin-operated laundry rooms
Listing Agency: Real Estate Advantage
Listed By: Genevieve "Ginger" Johnson · License #30JO0773088
Source: Nicholcityrealty
Added: Aug 11 Changed: Oct 31 Last Checked: Nov 6 at 8:04AM

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

Rey
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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

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Chautauqua County, NY

$55.26 Jul
$49.66 Aug
$47.2 Sep
$44.84 Oct

Properties on Market for Apartment buildings in Chautauqua County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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
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