Three-Bedroom
For Sale
$125,000
751 16th Street, Niagara Falls, NY 14301
Residential, Niagara Falls, NY
Property Size1,370 SF
Lot Size0.09 Acres
Price / SF$91.24
Days on Market12
Property Features for 751 16th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
Appliances
GasWaterHeater
Subdivision
Belden King & Cudaback
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Niagara Falls
Middle school district
Niagara Falls
High school district
Niagara Falls
Directions
GPS
Standard status
Active
APN
291100-144-080-0002-050-000
Size
1,370 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
1987
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Varies
Building materials
CompositeSiding, VinylSiding
Listing Agency:
Hooper Realty
(716) 285-0477
Listed By:
Frank A Pietrangeli · License #30PI0692526
(716) 531-3080
Added: Oct 17
Changed: Oct 25
Last Checked: Oct 28 at 1:06PM
MLS# B1723020
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.
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Investment Insights
Based on property information with market context.
This 1,370-square-foot duplex is currently used as a single-family residence and has three bedrooms, two bathrooms, and a basement. The home was built in 1900 and has composite and vinyl siding, with vinyl and varied flooring. Heating is provided by a natural gas forced-air system, and the property uses public water.
The parcel measures 0.0924 acres and is located at 751 16th Street in Niagara Falls, New York.
The parcel measures 0.0924 acres and is located at 751 16th Street in Niagara Falls, New York.
Key Highlights
- Currently used as a single‑family residence
- 1,370 square feet on a 0.0924‑acre lot
- Three bedrooms, two bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,680
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,600
$213.6K
Cap Rate 7%
$152,571
$152.6K
Cap Rate 9%
$118,667
$118.7K
Market Conditions
NOI Build-Up for 1,370 SF
Gross rent
$20.9K $15.24/SF
− Vacancy
−$1.5K −$1.07/SF
EGI
$19.4K $14.17/SF
− OpEx
−$8.7K −$6.38/SF
NOI
$10.7K $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%
$213,600
Cap Rate 7%
$152,571
Cap Rate 9%
$118,667
Alternative Uses
Best Use
Multifamily LT 5
$171.9K
$150.4K – $200.5K
NOI $12,032 @ 7.0% cap · market cap 9.63%
Second Best
Apartment 5plus
$152.6K
$133.5K – $178.0K
NOI $10,680 @ 7.0% cap · market cap 8.54%
Theoretical Best
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,486 @ 7.0% cap · market cap 65.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
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Business Placement
Demographics for 14301, NY
12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Currently used as a single-family residence, the property includes a basement and two bathrooms.
Where is this duplex located?
The property is located at 751 16th Street Niagara Falls, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Currently used as a single‑family residence; 1,370 square feet on a 0.0924‑acre lot; Three bedrooms, two bathrooms, and a basement
