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Turnkey 6-Unit Brick Multifamily

6293 Robinson Road Lockport, NY 14094

New
6293 Robinson Road, Lockport, NY, 14094
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - Lockport, NY

Property Size6,204 SF
Lot Size0.51 Acres
Price / SF$153.13
AddedJul 14
Days on Market2
Last RefreshJul 15 at 8:06 am

Property Features for 6293 Robinson Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
6
Rooms
Bedroom 1, Bedroom 6, Bedroom 10, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 9, Bedroom 2, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 12, Bedroom 11, Bedroom 3, Basement
Appliances
ElectricWaterHeater
Standard status
Active
APN
292600-138-000-0001-044-000
Size
6,204 SF
Lot size
0.51 Acres

Taxes and HOA fees

Tax Annual Amount
9950

Utilities

Heating system
Electric (Heating), Baseboard
Water source
Public

Building Details

Year built
1979
Floors in Building
3
Number of units
6
Building materials
Brick
Roof type
Asphalt

Listing agent Robyn Sansone License #10491209960

Listing office WNYbyOwner.com PO Box 62, East Amherst, NY

Listing date Jul 14, 2026

MLS# B1698704 Listing URL

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.

This turnkey, fully occupied six-unit brick multifamily has undergone a comprehensive top-to-bottom renovation completed in 2023. The property features brand-new kitchens with cabinets, quartz countertops, and stainless steel appliances, renovated baths with updated tile and fixtures, new flooring throughout, and new interior and exterior doors with updated locks and hardware. Additional improvements include a new roof, all-new windows, new electric radiators, new A/C units in every apartment, updated exterior lighting, hallway carpeting, and new balcony doors and balcony flooring. The building also includes sound insulation between units and a professional coin-operated laundry setup.

The property has seven separate electric meters, including one for each apartment and one landlord/common area meter, and a 12-space private parking lot. It is fully electric and includes security camera coverage and secure tenant mailboxes.

Professional management is available after closing, including rent collection and accounting, tenant relations, maintenance and repairs, leasing and renewals, move-ins and move-outs, and day-to-day management. The current offering is by appointment only, with no showings until 7/22 and proof of funds required.

Key Highlights

  • Turnkey 6‑unit brick multifamily, fully occupied with long‑term tenants and on‑time payment record
  • 6 units totaling 6,204 sq ft with 12 bedrooms and 6 baths; base rent $6,875/month ($82,500/year) plus coin laundry income
  • All‑electric building with 7 separate electric meters (one per apartment plus one landlord/common area meter); electric water heater and baseboard heat

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $94.5k $15.24
− Vacancy −$6.6k −$1.07
EGI $87.9k $14.17
− OpEx −$39.6k −$6.38
NOI $48.4k $7.80
6,204 SF · lease $15.24/SF/yr · vacancy 7.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$690.9K
$604.5K – $806.0K (±1% cap)
NOI $48,362 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.27M
$4.61M – $6.15M (±1% cap)
NOI $369,006 @ 7.0% cap · market cap 38.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Hair Salon Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Electrical Service HVAC Service Spa & Massage Center Furniture & Home Goods

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

FAQs

What type of property is this?
Apartment building - Turnkey, fully occupied six-unit brick building with 2023 renovations, coin laundry income, and private off-street parking.
Where is this apartment building located?
The property is located at 6293 Robinson Road Lockport, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Turnkey 6‑unit brick multifamily, fully occupied with long‑term tenants and on‑time payment record; 6 units totaling 6,204 sq ft with 12 bedrooms and 6 baths; base rent $6,875/month ($82,500/year) plus coin laundry income; All‑electric building with 7 separate electric meters (one per apartment plus one landlord/common area meter); electric water heater and baseboard heat
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