Property profile

240 1st St Niagara Falls, NY 14303

OFF-MARKET
Hotels
Property ID
US63-5635041
118,535 SF 1.52 ac lot Built 1986
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1986
Total area 118,535 SF
Lot 1.52 ac (66,211 SF)
Zoning code D1-B
APN 291100 158.12-1-16
UPID US63-5635041

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Wedding Service Church
  • Restaurant
  • Bar & Pub
  • Hotel & Motel

Location

240 1st St Niagara Falls, NY 14303
Niagara Falls metro Census 21100 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.80M

Owner & transaction history

since 2013
5 recorded transactions
2018
Price N/A
2013
Price N/A
2012
Price N/A
2004
$3.2M
1969
Price N/A

Zoning & alternative use

D1-B · Niagara Falls, NY
Zoning description

The purpose of these sub-districts is to provide for a diverse combination of commercial, residential, and mixed-use building types within the citys core tourist areas; to be protective of the world-class views of and fr…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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