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Vacant Multifamily Property
For Sale
$64,998

311 W Main St, Falconer, NY 14733

Main Street property near shops, offering a vacant building for renovation and future occupancy.

Property Size1,534 SF
Price / SF$42.37
Days on Market85

Property Features for 311 W Main St

General Information

Standard status Active
Size 1,534 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Needs some TLC

Additional Details

Road Access Yes

Building Details

Year Built 1900
Listing Agency: Walrod Realty
Listed By: Stephen Trapani
Source: Skinnercnyrealty
Added: Jul 25 Changed: Oct 3 Last Checked: Oct 7 at 3:12PM

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 Walrod Realty

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Investment Insights

Based on property information with market context.

This 1,534-square-foot multifamily property was built in 1900 and is currently vacant following the recent departure of its tenant. The building requires some TLC and is positioned for a new ownership plan, whether restored for multifamily occupancy or adapted to another residential configuration supported by the existing structure.

The property is located on Main Street in Falconer near Alberta, with several shops within walking distance. Its vacancy provides a clear starting point for renovation and re-leasing work.

Key Highlights

  • 1,534‑square‑foot multifamily property
  • Built in 1900
  • Currently vacant after the recent tenant moved out

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Parking Lot & Garage Spa & Massage Center

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

232
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

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?
Multifamily property - Main Street property near shops, offering a vacant building for renovation and future occupancy.
Where is this multifamily property located?
The property is located at 311 W Main St Falconer, NY.
What is the asking price?
The asking price for this property is $64,998.
What are key features of this property?
This property features: 1,534‑square‑foot multifamily property; Built in 1900; Currently vacant after the recent tenant moved out
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