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8-Unit Brick Apartment Building

53 Mead St, North Tonawanda, NY 14120

For Sale
$1,150,000

Business Opportunity, North Tonawanda, NY

Property SizeContact for details
Lot Size0.34 Acres
Days on Market12

Property Features for 53 Mead St

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
High school district NORTH TONAWANDA CITY SCHOOL DISTRICT
Directions E. Robinson to Mead
Standard status Active
APN 000000-182.000-0001-079.000
Lot size 0.34 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Annual Amount 18121

Utilities

Heating system Baseboard, Natural Gas
Water source Public

Amenities

laundry

Building Details

Year built 1976
Flooring type Carpet, Tile, Laminate
Building materials Brick
Roof type Asphalt
Listing Agency: KELLER WILLIAMS REALTY WNY
Listed By: John Gatas · License NY #10301217315
Added: Nov 3 Changed: Nov 11 Last Checked: Nov 14 at 12:06AM
MLS# 12053775

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 8-unit apartment building was constructed in 1976 with all-brick exterior walls. Each residence has two bedrooms, one bathroom, a living room, and an eat-in kitchen equipped with an electric stove and refrigerator. Wall air conditioning and separate electric service are provided in every unit.

Building amenities include a shared basement laundry area and private parking for each apartment. Improvements include updated bathrooms and windows, some newer unit flooring, a hot water tank installed in 2020, and a tear-off roof completed in 2018. The 0.34-acre property also has a concrete-pad driveway.

Key Highlights

  • 8 apartments, each with 2 bedrooms and 1 bathroom
  • All‑brick construction; built in 1976
  • Separate electric service and wall air conditioning in each unit

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 14120, NY

44,538
Population
20,367
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
94%
High-School Grad
32.6 sq mi
ZIP Area
1,366
Density / Sq Mi
$76,608
Median Household Income
$47,014
Median Earnings
$932
Median Rent
$205,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Niagara County, NY

$77.12 Jul
$69.76 Aug
$67.1 Sep
$52.91 Oct

Properties on Market for Apartment buildings in Niagara County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight two-bedroom apartments include individual electric service and private parking.
Where is this apartment building located?
The property is located at 53 Mead St North Tonawanda, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 8 apartments, each with 2 bedrooms and 1 bathroom; All‑brick construction; built in 1976; Separate electric service and wall air conditioning in each unit
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