Historic Duplex with Rear
For Sale
$722,777
520 Main Street, Youngstown, NY 14174
Residential, Youngstown, NY
Property Size4,962 SF
Lot Size1.50 Acres
Price / SF$145.66
Days on Market92
Property Features for 520 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Patio and Porch features
Patio, Porch
Exterior features
EnclosedPorch, Porch, Patio
Fireplace
1
Appliances
GasWaterHeater, TanklessWaterHeater
Subdivision
Mile Reserve
Lot features
Rectangular, Rectangular Lot, Residential Lot
View
Water
Elementary school district
Lewiston-Porter
Middle school district
Lewiston-Porter
High school district
Lewiston-Porter
Directions
Lower River Road turns into Main Street Youngstown. Front of the house is 520 Main Street and back entrance to property is located on Second Street.
Standard status
Active
APN
293401-059-006-0001-039-000
Size
4,962 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Annual Amount
12726
Utilities
Heating system
Hot Water(Heating), Steam, Natural Gas
Cooling system
Wall Unit(s)
Water source
Well, Public
Water front features
River Access, Stream
Amenities
fireplaces
French doors
porches
enclosed patio
rear patio
split A/C
Building Details
Year built
1860
Floors in Building
2
Number of units
2
Flooring type
Varies, Laminate, Carpet, Hardwood
Building materials
AluminumSiding, VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Deal Realty, Inc.
(716) 754-3301
Listed By:
Cheryl Deal · License #10311205717
(716) 940-0548
Added: Jun 5
Changed: Sep 2
Last Checked: Sep 4 at 9:06PM
MLS# B1667728
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 1860, this 4,962-square-foot duplex combines a historic primary residence with a separate rear apartment. The main home includes multiple living and dining areas, an eat-in kitchen, den, bonus room, first-floor laundry, basement storage, porches, patios, and an enclosed patio. Hardwood flooring, high ceilings, fireplaces, French doors, and a bay window contribute to its period character, while the kitchen, baths, windows, mechanical systems, roofs, carpeting, and wall-mounted cooling have been updated. The one-bedroom, one-bath apartment has its own entrance and separate utilities and is occupied by a long-term tenant.
The 1.5-acre parcel extends between Main Street and Second Street at 520 Main Street in Youngstown, NY. It offers river access, a stream, water views, and proximity to restaurants, the waterfront, and public boat docks. A substantial barn adds storage and workspace, while public and well water serve the property.
The 1.5-acre parcel extends between Main Street and Second Street at 520 Main Street in Youngstown, NY. It offers river access, a stream, water views, and proximity to restaurants, the waterfront, and public boat docks. A substantial barn adds storage and workspace, while public and well water serve the property.
Key Highlights
- 4,962‑square‑foot duplex on a 1.5‑acre parcel
- 1860 construction with updated kitchen, baths, windows, mechanical systems, and roofs
- Separate rear apartment with 1 bedroom, 1 bath, private entrance, and separate utilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,578
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Victorian-era property includes updated systems, outdoor entertaining areas, and a substantial barn for storage or workspace.
Where is this duplex located?
The property is located at 520 Main Street 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 on a 1.5‑acre parcel; 1860 construction with updated kitchen, baths, windows, mechanical systems, and roofs; Separate rear apartment with 1 bedroom, 1 bath, private entrance, and separate utilities
