55 Washington Street Lockport City, Ny, NY 14094

Building Details

Year Built

1940

Listing office Show Phone

Listing date Jul 3, 2026

Source Thegambitteam

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 Jon Shingledecker

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Overview

The Lockport Views apartments present a stabilized 11-unit multifamily complex made up of three separate buildings, along with a storage shed and ample off-street parking. The property is described as having undergone substantial capital expenditures by the ownership, and the layout also includes an opportunity to add a 12th apartment unit by utilizing existing space on the ground level of one building. Tenants pay for heat and electric.

The community is located close to the City of Lockport and public transportation, providing convenient day-to-day access for residents and visitors. The site includes additional acreage that supports a future development component.

For buyers or operators seeking a multifamily asset with room to plan beyond the current configuration, this property offers both present-day income from the 11 units and outlined development upside for up to 22 residential units on the additional acreage. The combination of an operating complex, tenant-paid utilities, and on-site parking may appeal to investors looking to manage a straightforward multifamily operation while evaluating longer-range site strategy. Please review the supplements for income and expense details and additional highlights.

Suggested Use

Real Estate Agency Dental Office Skin Care Clinic Daycare Center Parking Lot & Garage Nursing Home Nursing Home Hotel & Motel Travel Agency Clothing & Fashion Store

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

Location Insight

• Map
• Local Demand

City

Ny

County

New York

State

New York

Longitude

-74.014431

Latitude

40.707894

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FAQs

What type of property is this?

Apartment building - Tenants pay for heat and electric; three buildings, storage shed, and parking support current income with expansion potential.

Where is this apartment building located?

The property is located at 55 Washington Street Lockport City Ny, NY.

What is the asking price?

The asking price for this property is $999,900.

What are key features of this property?

This property features: 11‑unit multifamily complex (3 buildings) plus storage shed; Tenants pay for heat and electric; Building area total: 9,580 SF; 2 total stories; 11 bedrooms