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12-Unit Brick Apartment Building
For Sale
$365,000
Pending

402 Lafayette Street, Jamestown, NY 14701

COMMERCIAL - Jamestown, NY

Property Size6,552 SF
Lot Size0.08 Acres
Days on Market53

Property Features for 402 Lafayette Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning R-C
Zoning description Residential Multi Use
Rooms Basement
Lot features Rectangular, Rectangular Lot
Elementary school Lincoln Elementary
Middle school Persell Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Subdivision Jamestown-City-060800
Standard status Pending
APN 060800-387-040-0001-033-000
Size 6,552 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 8876

Utilities

Heating system Electric (Heating), Baseboard

Building Details

Year built 1914
Floors in Building 3
Flooring type Linoleum, Carpet, Vinyl
Building materials Brick
Roof type Metal
Listing Agency: Century 21 Turner Brokers · Century 21 Real Estate
Listed By: Thomas Turner · License #10311200036
Added: Jul 1 Changed: Aug 19 Last Checked: Aug 22 at 12:06AM
MLS# R1695006

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.

Built in 1914, this 6,552-square-foot brick apartment property contains 12 one-bedroom, one-bath residences. The apartments feature open layouts, while updated windows bring natural light into the units. Vinyl plank flooring has been installed in many apartments, complementing existing linoleum and carpet flooring. Interior corridors feature metal ceilings, and the building includes a rear fire escape, metal roofing, electric baseboard heat, and a basement.

The property occupies 0.075 acres at 402 Lafayette Street in Jamestown, New York. Its setting provides access to downtown amenities and public transportation, with nearby restaurants, boutique shops, theaters, the National Comedy Center, and Northwest Arena. The property is zoned R-C.

Key Highlights

  • 12‑unit apartment building with twelve one‑bedroom, one‑bath residences
  • 6,552 square feet on a 0.075‑acre parcel
  • Brick construction with a metal roof; built in 1914

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Grocery & Convenience Store Catering Service Cafe & Coffee Shop

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

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
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 - R-C-zoned multifamily property with one-bedroom residences and updated windows throughout.
Where is this apartment building located?
The property is located at 402 Lafayette Street Jamestown, NY.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 12‑unit apartment building with twelve one‑bedroom, one‑bath residences; 6,552 square feet on a 0.075‑acre parcel; Brick construction with a metal roof; built in 1914
More about this property
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