6293 Robinson Rd South Lockport, NY 14094
Turnkey, fully occupied brick multifamily with top-to-bottom 2023 renovations and separate parking plus coin laundry income.
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 (716) 523-8508
Listing date Jul 9, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
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 |