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Lockport Multifamily Investment Opportunity

89 Pine St, Lockport, NY 14094

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For Sale

$249,999

Five-unit property with income potential in a walkable location.

Type:Investment

HighLights

Income‑producing 5‑unit multi‑family property with a mix of 1‑bedroom and studio apartments.
Potential to add a 6th unit for an additional $800 monthly rental income.
Current monthly gross rents of $3725, increasing to $3800 by spring 2026.
Convenient city location with easy access to amenities, shopping, and dining.
Very Walkable location (Walk Score: 78).
Excellent investment opportunity for portfolio expansion or new investors.

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Listing Contact

Mark F Zambito

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For Sale

$249,999

Five-unit property with income potential in a walkable location.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 8:03 pm

Property Features for 89 Pine St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1880

We can help!

Listing Contact

Mark F Zambito

Listing agent Mark F Zambito License #10491211627

Listing office Zambito Realtors

Listing date Apr 24, 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 Zambito Realtors

HighLights

Income‑producing 5‑unit multi‑family property with a mix of 1‑bedroom and studio apartments.
Potential to add a 6th unit for an additional $800 monthly rental income.
Current monthly gross rents of $3725, increasing to $3800 by spring 2026.
Convenient city location with easy access to amenities, shopping, and dining.
Very Walkable location (Walk Score: 78).
Excellent investment opportunity for portfolio expansion or new investors.

Overview

This five-unit multifamily property in Lockport presents an investment opportunity. The building comprises three one-bedroom units and two studio apartments. The property's location provides convenient access to local amenities, shopping, and dining. There is existing framework for a potential sixth unit that could generate an additional $800 in monthly rental income. The current monthly gross rents are $3725 and are scheduled to increase to $3800 by spring 2026. The property has a bike score of 59, indicating it is bikeable, and a walk score of 78, indicating it is very walkable.

Location Intelligence

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Apartment buildings

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Local Demand

City: Lockport
County: Niagara
State: New York
Longitude: -78.691853
Latitude: 43.1678746

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For sale
Apartment buildings
NY
Lockport
14094
89 Pine St

What type of property is this?

Apartment building - Five-unit property with income potential in a walkable location.

Where is this apartment building located?

The property is located at 89 Pine St Lockport, NY.

What is the asking price?

The asking price for this property is $249,999.

What are key features of this property?

This property features: Income‑producing 5‑unit multi‑family property with a mix of 1‑bedroom and studio apartments.; Potential to add a 6th unit for an additional $800 monthly rental income.; Current monthly gross rents of $3725, increasing to $3800 by spring 2026.