165 Franklin St Lackawanna, NY 14218-2456
Mixed Residential - MR. A. Purpose. Mixed Residential Districts have been designated in the City of Lackawanna to acknowledge the diversity of housing types currently available in the City's residential neighborhoods. The district is designed to allow a variety of housing styles and flexibility in building placement while protecting the appearance and charac…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
MR · Lackawanna, NYMixed Residential - MR. A. Purpose. Mixed Residential Districts have been designated in the City of Lackawanna to acknowledge the diversity of housing types currently available in the City's residential neighborhoods. The district is designed to allow a variety of housing styles and flexibility in building placement while protecting the appearance and character of residential neighborhoods. B. Use regulations. Permitted Uses and Structures Single-family detached dwellings Two-family detached dwellings Permitted Accessory Uses (subject to the provisions of this chapter) Private garages with space for no more than three vehicles Home occupations Off-street parking and loading facilities Signs Fences, walls and hedges Private swimming pools Recreation facilities for the exclusive use of the primary use residents Satellite receiving antenna Alternative energy system apparatus Accessory storage building Site Plan Review Uses Attached single-family residences Multiple dwellings Mobile home parks Child-care centers Houses of worship Public buildings and uses Essential public services where no other site is available C. Site area requirements. All Uses Maximum Building Height 3 stories or 30 feet Minimum Front Yard 25 feet Maximum Building Coverage 35% Maximum Lot Coverage 50% Single- and Two-Family Detached Minimum Lot Size 4,500 square feet Minimum Lot Frontage 45 feet Minimum Side Yard 5 feet Minimum Rear Yard 20 feet Maximum Density 20 units per acre Attached Single-Family Residential Minimum Lot Size 7,000 square feet Minimum Lot Frontage 70 feet Maximum Building Length 160 feet Minimum Side Yard 10 feet or 1/2 building height, whichever is greater Minimum Rear Yard 30 feet Minimum Inter-building Yard 60 feet Maximum Number of Units per Structure 4 Maximum Density 20 units per acre Minimum Open Space 500 square feet per dwelling Minimum Landscaping 20% Multifamily Dwellings Minimum Lot Size 8,000 square feet Minimum Lot Frontage 75 Maximum Building Length 160 feet Minimum Side Yard 30 feet Minimum Rear Yard 30 feet Maximum Density 36 units per acre Minimum Open Space 500 square feet per dwelling Minimum Landscaping 20%
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.