Historic Duplex with
For Sale
$722,777
520 Main St, Youngstown, NY 14174
Historic duplex with a separate apartment, private entrance, and dedicated utilities.
Property Size4,962 SF
Price / SF$145.66
Days on Market67
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Property Features for 520 Main St
General Information
Standard status
Active
Size
4,962 SF
Property subtype
Multi-Family
Building Details
Year Built
1860
Listing Agency:
Deal Realty, Inc.
Listed By:
Cheryl Deal · License #10311205717
(716) 940-0548
Source:
Skinnercnyrealty
Added: Aug 10
Changed: Oct 12
Last Checked: Oct 7 at 1:26PM
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 Deal Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1860, this 4,962-square-foot duplex combines a five-bedroom, 2.5-bath primary residence with a fully updated one-bedroom, one-bath apartment. The main home includes formal and casual living areas, a dining room, den, bonus room, eat-in kitchen, first-floor laundry, two staircases, a full basement, and multiple porches. Inlaid hardwood floors, fireplaces, French doors, a bay window, and high ceilings retain its historic character, while updated kitchens and baths, replacement windows, newer mechanical systems, roof improvements, split A/C, and newer carpeting add practical modern features.
The apartment has its own entrance and separate utilities and is occupied by a long-term tenant. A large barn provides storage and workspace for vehicles, RVs, boats, equipment, or hobbies. The property spans over one acre from Main Street to Second Street, with water and Niagara River views, patios, and substantial outdoor areas. Restaurants, the waterfront, and public boat docks are steps away in Youngstown.
The apartment has its own entrance and separate utilities and is occupied by a long-term tenant. A large barn provides storage and workspace for vehicles, RVs, boats, equipment, or hobbies. The property spans over one acre from Main Street to Second Street, with water and Niagara River views, patios, and substantial outdoor areas. Restaurants, the waterfront, and public boat docks are steps away in Youngstown.
Key Highlights
- 4,962‑square‑foot duplex built in 1860
- Main residence includes 5 bedrooms and 2.5 baths
- Updated 1‑bedroom, 1‑bath apartment with private entrance and separate utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,578
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,560
$871.6K
Cap Rate 7%
$622,543
$622.5K
Cap Rate 9%
$484,200
$484.2K
Market Conditions
NOI Build-Up for 4,962 SF
Gross rent
$66.7K $13.44/SF
− Vacancy
−$4.4K −$0.89/SF
EGI
$62.3K $12.55/SF
− OpEx
−$18.7K −$3.76/SF
NOI
$43.6K $8.78/SF
Area
Niagara County, NY
Vacancy
6.65%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,560
Cap Rate 7%
$622,543
Cap Rate 9%
$484,200
Alternative Uses
Best Use
Multifamily LT 5
$622.5K
$544.7K – $726.3K
NOI $43,578 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$552.6K
$483.5K – $644.7K
NOI $38,680 @ 7.0% cap · market cap 5.35%
Theoretical Best
Warehouse
$4.22M
$3.69M – $4.92M
NOI $295,134 @ 7.0% cap · market cap 40.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 14174, NY
5,654
Population
2,601
Households
2.2
Avg Household Size
50
Median Age
34%
College-Educated
98%
High-School Grad
23.2 sq mi
ZIP Area
244
Density / Sq Mi
$78,922
Median Household Income
$53,841
Median Earnings
$1,152
Median Rent
$235,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Historic duplex with a separate apartment, private entrance, and dedicated utilities.
Where is this duplex located?
The property is located at 520 Main St Youngstown, NY.
What is the asking price?
The asking price for this property is $722,777.
What are key features of this property?
This property features: 4,962‑square‑foot duplex built in 1860; Main residence includes 5 bedrooms and 2.5 baths; Updated 1‑bedroom, 1‑bath apartment with private entrance and separate utilities
