Two-Unit
New
For Sale
Contact for pricing
541 Crescent Street, Jamestown, NY 14701
Residential, Jamestown, NY
Property Size1,602 SF
Lot Size0.08 Acres
Price / SF$18.66
Days on Market2
Property Features for 541 Crescent Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Paved or Surfaced
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school
Carlyle C Ring Elementary
Middle school
Washington Middle
High school
Jamestown High
Elementary school district
Jamestown
Middle school district
Jamestown
High school district
Jamestown
Directions
from 2nd turn on to Crescent- property is on the right
Subdivision
Jamestown-City-060800
Standard status
Active
APN
060800-370-020-0006-026-000
Size
1,602 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
903
Utilities
Heating system
Forced Air, Electric (Heating)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Varies
Building materials
WoodSiding
Listing Agency:
Century 21 Turner Brokers · Century 21 Real Estate
(716) 763-7506
Listed By:
Andrea Eckman · License #10401279663
(716) 450-6685
Added: Oct 23
Last Checked: Oct 24 at 4:06AM
MLS# R1724461
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex at 541 Crescent Street in Jamestown contains 1,602 square feet on a 0.0826-acre parcel. Built in 1900, the building has wood siding, a mix of flooring that includes hardwood, and forced-air and electric heating. Public water and paved parking are also present.
Key Highlights
- Two residential units
- 1,602 square feet of building area
- 0.0826‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,128
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,560
$242.6K
Cap Rate 7%
$173,257
$173.3K
Cap Rate 9%
$134,756
$134.8K
Market Conditions
NOI Build-Up for 1,602 SF
Gross rent
$25.4K $15.84/SF
− Vacancy
−$3.3K −$2.08/SF
EGI
$22.1K $13.76/SF
− OpEx
−$9.9K −$6.19/SF
NOI
$12.1K $7.57/SF
Area
Chautauqua County, NY
Vacancy
13.10%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,560
Cap Rate 7%
$173,257
Cap Rate 9%
$134,756
Alternative Uses
Best Use
Multifamily LT 5
$189.4K
$165.7K – $220.9K
NOI $13,256 @ 7.0% cap · market cap 44.33%
Second Best
Apartment 5plus
$173.3K
$151.6K – $202.1K
NOI $12,128 @ 7.0% cap · market cap 40.56%
Theoretical Best
Office A
$479.5K
$419.6K – $559.4K
NOI $33,565 @ 7.0% cap · market cap 112.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 14701, NY
38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
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 - The property is available individually or within a 29-property portfolio.
Where is this duplex located?
The property is located at 541 Crescent Street Jamestown, NY.
What are key features of this property?
This property features: Two residential units; 1,602 square feet of building area; 0.0826‑acre parcel
