Brick Four-Unit
For Sale
$399,900
Pending
6335 Robinson Road, Lockport, NY 14094
Four matching apartments offer two-bedroom layouts, private utilities, and shared laundry facilities.
Property Size4,304 SF
Days on Market69
Property Features for 6335 Robinson Road
General Information
Standard status
Pending
Size
4,304 SF
Property subtype
Multi Family
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Additional Details
Gross Income
$40,560
Taxes and HOA fees
Annual Taxes
$6,439
Amenities
on-site coin-operated laundry
detached garage
patio
storage shed
covered patio
open patio area
Building Details
Building Size
4,304 SF
Year Built
1979
Construction
brick
Listing Agency:
Howard Hanna WNY Inc.
Listed By:
Louis S Rizzo · License #30RI0517290
(716) 691-5800
Source:
Highfallssir
Added: Aug 5
Changed: Oct 5
Last Checked: Oct 11 at 2:21PM
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 Howard Hanna WNY Inc.
Investment Insights
Based on property information with market context.
This 1979 brick quadplex contains four matching apartments, each arranged with 2 bedrooms, a dining area, 1.5 baths, and modern kitchen and bathroom finishes. Separate utilities support individual apartment operations, while an on-site coin-operated laundry adds convenience for residents.
The property also includes a 2.5-car detached garage, blacktop driveway, off-street parking, covered and open patio areas, a storage shed, and a backyard without rear neighbors. Located at 6335 Robinson Rd in South Lockport, the property is near Transit Road, shopping, restaurants, schools, medical facilities, entertainment, and major transportation routes. BikeScore is 48 and WalkScore is 34.
The property also includes a 2.5-car detached garage, blacktop driveway, off-street parking, covered and open patio areas, a storage shed, and a backyard without rear neighbors. Located at 6335 Robinson Rd in South Lockport, the property is near Transit Road, shopping, restaurants, schools, medical facilities, entertainment, and major transportation routes. BikeScore is 48 and WalkScore is 34.
Key Highlights
- Four matching apartments, each with 2 bedrooms, a dining area, and 1.5 baths
- All‑brick construction; built in 1979
- Separate utilities and on‑site coin‑operated laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,551
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,020
$671.0K
Cap Rate 7%
$479,300
$479.3K
Cap Rate 9%
$372,789
$372.8K
Market Conditions
NOI Build-Up for 4,304 SF
Gross rent
$65.6K $15.24/SF
− Vacancy
−$4.6K −$1.07/SF
EGI
$61.0K $14.17/SF
− OpEx
−$27.5K −$6.38/SF
NOI
$33.6K $7.80/SF
Area
Niagara County, NY
Vacancy
7.00%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,020
Cap Rate 7%
$479,300
Cap Rate 9%
$372,789
Alternative Uses
Best Use
Multifamily LT 5
$540.0K
$472.5K – $630.0K
NOI $37,799 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$479.3K
$419.4K – $559.2K
NOI $33,551 @ 7.0% cap · market cap 8.39%
Theoretical Best
Warehouse
$3.66M
$3.20M – $4.27M
NOI $255,997 @ 7.0% cap · market cap 64.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
Business Placement
Demographics for 14094, NY
50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four matching apartments offer two-bedroom layouts, private utilities, and shared laundry facilities.
Where is this quadplex located?
The property is located at 6335 Robinson Road Lockport, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four matching apartments, each with 2 bedrooms, a dining area, and 1.5 baths; All‑brick construction; built in 1979; Separate utilities and on‑site coin‑operated laundry
