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Fully Renovated Brick 6-Unit

6293 Robinson Rd South Lockport, NY 14094

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

Turnkey, fully occupied brick multifamily with top-to-bottom 2023 renovations and separate parking plus coin laundry income.

Property Size6,204 SF
Price / SF$153.13
AddedJul 9
Days on Market6
Last RefreshJul 10 at 2:33 am

Property Features for 6293 Robinson Rd South

General Information

Standard status
Active
Size
6,204 SF
Property subtype
Investment

Building Details

Year Built
1979

Listing office WNYbyOWNER.com LLC

Listing date Jul 9, 2026

Source Elliman

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 WNYbyOWNER.com LLC


Investment Insights

Based on property information with market context.

Fully renovated, fully occupied 6-unit brick multifamily presented as a turnkey investment. The property was extensively renovated in 2023, including new windows, kitchens with new cabinets and stainless steel appliances, updated bath finishes, new interior and exterior doors, and new flooring throughout. The building also features new electric radiators throughout and new A/C units in every apartment, along with updated lighting inside and out, sound insulation between units, and new hallway carpeting. Exterior work includes a new roof and ongoing landscaping. Income-producing onsite laundry is supported by newly installed, commercial coin-operated equipment, and the property includes a private 12-space parking lot.

The building is fully electric with seven separate electric meters, including one for each apartment and one for the landlord/common area meter. The property is professionally maintained and currently operates with long-term tenants reported to have strong on-time payment history. Security features include a camera system and secure tenant mailboxes.

Management may be available after closing for buyers seeking a hands-off ownership model, covering rent collection and accounting, tenant relations, maintenance and repairs, and day-to-day administration. Proof of funds is required, and showings are by appointment only with no trespassing and no showings until 7/22.

Key Highlights

  • Stabilized fully occupied 6‑unit brick multifamily with 6,204 SF total and long‑term tenants
  • 2023 top‑to‑bottom renovation including new roof, all‑new windows, new kitchens, and bath renovations
  • Fully electric building with 7 separate electric meters (1 per apartment plus landlord/common area meter)

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 brick multifamily with top-to-bottom 2023 renovations and separate parking plus coin laundry income.
Where is this apartment building located?
The property is located at 6293 Robinson Rd South 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: Stabilized fully occupied 6‑unit brick multifamily with 6,204 SF total and long‑term tenants; 2023 top‑to‑bottom renovation including new roof, all‑new windows, new kitchens, and bath renovations; Fully electric building with 7 separate electric meters (1 per apartment plus landlord/common area meter)
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