Four-Unit Residential Rental
New
For Sale
$320,000
361 - 367 Lincroft Rd, Lackawanna, NY 14218
The building offers two-bedroom apartments with individual basements, entrances, and driveways.
Property Size4,950 SF
Days on Market2
Property Features for 361 - 367 Lincroft Rd
General Information
Standard status
Active
Size
4,950 SF
Property subtype
Multi Family
Occupancy
75%
Net Operating Income
$16,600
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Gross Income
$32,400
Taxes and HOA fees
Annual Taxes
$7,808
Amenities
large side yard
Building Details
Building Size
4,950 SF
Year Built
1954
Stories
2
Units
4
Listing Agency:
Howard Hanna WNY Inc
Listed By:
Melissa M Doerr · License #10401285971
(716) 472-3533
Source:
Elliman
Added: Nov 4
Last Checked: Nov 4 at 2:22PM
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 Howard Hanna WNY Inc
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Investment Insights
Based on property information with market context.
Built in 1954, this four-unit rental property contains four apartments, each configured with two bedrooms and one bathroom. Every unit has a separate entrance, basement, and driveway. Three apartments are occupied, while one is vacant. Two units received renovations between 2024 and 2026, and the property includes a large side yard.
All tenant leases are month-to-month. The property has a Bike Score of 52, a Walk Score of 67, and a Transit Score of 31.
All tenant leases are month-to-month. The property has a Bike Score of 52, a Walk Score of 67, and a Transit Score of 31.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- Three units occupied; one unit vacant
- Separate entrance, basement, and driveway for each apartment
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 14218, NY
20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The building offers two-bedroom apartments with individual basements, entrances, and driveways.
Where is this quadplex located?
The property is located at 361 - 367 Lincroft Rd Lackawanna, NY.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Three units occupied; one unit vacant; Separate entrance, basement, and driveway for each apartment
