90-Unit Multifamily Investment
445 Leslie Road, Massena, NY 13662
- Added:
- Mar 25, 2026
- Days on Market:
- 58
- Last Refresh:
- Mar 16 at 10:31 am
Property Features for 445 Leslie Road
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Lawrence Papaleo License #Associate Real Estate Broker
Listing office CBRE | Syracuse (315) 784-2524
Listing date Mar 25, 2026
Source Cbre
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 CBRE | Syracuse
HighLights
- High Occupancy Rate: Averaging ±94% over the past three years.
- New Job Opportunities: The NYPA Alcoa agreement brings 50 new jobs and $145 million in upgrades.
- Separately Metered Electric Units: Tenants pay their own electric bills.
- Washer and Dryer in Most Units: A desirable amenity for tenants.
- Workout Rooms: On‑site fitness facilities at 2 Elizabeth Ave and 158 Highland Ave.
- LVP Flooring: Most units feature upgraded luxury vinyl plank flooring.
Overview
The Kaneb Apartments consist of twelve apartment buildings with 90 units on seven separate tax parcels. Eight units are currently offered as Airbnb rentals. There are 154 on-site parking spaces, plus eight garage units. The property has an occupancy average of approximately 94% over the past three years. The units are all electric, separately metered, and tenants pay their own utilities. Most units include a washer and dryer. Workout rooms are located at 2 Elizabeth Ave and 158 Highland Ave. Most units have been converted to LVP (luxury vinyl plank) flooring. The property is located in St. Lawrence County, a rural area of farms, forests and small towns, the largest county in New York State. The Village of Massena is located on the St. Lawrence River, which forms the boundary between the County and Ontario, Canada. St. Lawrence County is home to SUNY Potsdam and its Crane School of Music, Clarkson University, St. Lawrence University, SUNY Canton Technical College, and SUNY College of Environmental Science and Forestry's Ranger School near the Adirondack Park Hamlet of Wanakena. NYPA and Alcoa have agreed to a decade-long power contract that will usher in 50 additional jobs and $145 million in upgrades for the Massena plant, reinforcing its local importance and strengthening the area's economic stability.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Massena
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.8558515
- Latitude
- 44.9453096
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 90 units in 12 buildings with high occupancy.
Where is this apartment building located?
The property is located at 445 Leslie Road Massena, NY.
What are key features of this property?
This property features: High Occupancy Rate: Averaging ±94% over the past three years.; New Job Opportunities: The NYPA Alcoa agreement brings 50 new jobs and $145 million in upgrades.; Separately Metered Electric Units: Tenants pay their own electric bills.
