3-Unit
For Sale
Contact for pricing
93 E 2nd Street, Dunkirk, NY 14048
Vacant residential property offered in as-is condition.
Property Size2,240 SF
Price / SF$8.93
Days on Market87
Property Features for 93 E 2nd Street
General Information
Standard status
Active
Size
2,240 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,564
Building Details
Building Size
2,240 SF
Year Built
1910
Stories
2
Units
2
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Andrew J Marlinski · License #10401244569
(716) 392-6592
Source:
Davislakeandriverrealty
Added: Aug 5
Changed: Oct 25
Last Checked: Oct 29 at 7:25PM
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 Keller Williams Realty WNY
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Investment Insights
Based on property information with market context.
This residential property contains three units and totals 2,240 square feet. It was built in 1910 and is being sold as-is.
Tax records list six bedrooms and three full bathrooms; the current configuration should be verified independently. The property is vacant.
Tax records list six bedrooms and three full bathrooms; the current configuration should be verified independently. The property is vacant.
Key Highlights
- Three‑unit residential property
- 2,240 square feet
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,958
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,160
$339.2K
Cap Rate 7%
$242,257
$242.3K
Cap Rate 9%
$188,422
$188.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$35.5K $15.84/SF
− Vacancy
−$4.6K −$2.08/SF
EGI
$30.8K $13.76/SF
− OpEx
−$13.9K −$6.19/SF
NOI
$17.0K $7.57/SF
Area
Chautauqua County, NY
Vacancy
13.10%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,160
Cap Rate 7%
$242,257
Cap Rate 9%
$188,422
Alternative Uses
Best Use
Multifamily LT 5
$264.8K
$231.7K – $308.9K
NOI $18,535 @ 7.0% cap · market cap 92.68%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.6K
NOI $16,958 @ 7.0% cap · market cap 84.79%
Theoretical Best
Office A
$670.5K
$586.7K – $782.2K
NOI $46,932 @ 7.0% cap · market cap 234.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
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Business Placement
Demographics for 14048, NY
15,062
Population
7,506
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
655
Density / Sq Mi
$52,971
Median Household Income
$34,200
Median Earnings
$905
Median Rent
$98,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Vacant residential property offered in as-is condition.
Where is this triplex located?
The property is located at 93 E 2nd Street Dunkirk, NY.
What are key features of this property?
This property features: Three‑unit residential property; 2,240 square feet; Built in 1910
