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457 Leslie Rd Massena, NY 13662

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90-unit multifamily property with apartments and Airbnb units in Massena.

Type:Multifamily
Property size:
99,726 SF
Added:
Nov 13, 2024
Days on Market:
524
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 457 Leslie Rd

General Information

Standard status
Active
Size
99,726 SF
Property subtype
Multifamily

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Listing Contact
Lawrence Papaleo

Listing agent Lawrence Papaleo License #NY

Listing office CBRE - Syracuse

Listing date Nov 13, 2024

Source Crexi

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


Overview

Massena Multifamily Investment Opportunity

This property in Massena, NY, comprises 90 units, including 81 traditional apartments and nine Airbnb units. The units are distributed across 12 buildings, all situated within a quarter-mile radius of each other. Several capital expenditure investments have been made in recent years, including new roofs, kitchens, siding, and flooring. The property is family-owned and developed. All units are electric, with tenants directly metered. The property is located on a 99,726 square foot lot. A new power contract between NYPA and Alcoa is expected to bring 50 additional jobs and $145 million in upgrades to the Massena plant, reinforcing its local importance and strengthening the area's economic stability. Alcoa’s Massena facility is a vital economic engine and a key employer in St. Lawrence County. The investment signals a long-term commitment to the region’s industrial future.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Pharmacy Gym & Fitness Center Big Box & Wholesale Store Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Massena
County
St. Lawrence
State
New York
Longitude
-74.8566645
Latitude
44.9462836

FAQs

What type of property is this?
Apartment building - 90-unit multifamily property with apartments and Airbnb units in Massena.
Where is this apartment building located?
The property is located at 457 Leslie Rd Massena, NY.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 90‑unit apartment complex featuring 81 traditional apartments and 9 Airbnb units for diverse income.; Recent capital improvements include new roofs, kitchens, siding, and flooring.; All‑electric units are tenant‑metered, simplifying utility management.
More about this property
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