49 William St, Tonawanda, NY 14150
For Sale
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Welcome to 49 William Street! A well-known, all-brick landmark situated on the corner of William Street and Fletcher Street, rich with history in the City of Tonawanda. This impressive 13,000-square-foot building is a rare 7-unit property, featuring some of the most desirable apartments in the area. Nearly all units have been thoughtfully renovated, offering exceptional rental appeal and long-term tenant satisfaction. The property includes two 1-bedroom units, three 2-bedroom units, and two 3-bedroom units. One of the 3-bedroom apartments spans three floors of living space and features two full bathrooms, in-unit laundry, and ample rear parking with an additional detached garage. The building has seen extensive upgrades, including a new electrical service, updated plumbing, and a shared laundry room serving six of the units. With New York State investing heavily in local development and the Canal District experiencing rapid growth, this property is ideally positioned in one of Tonawanda’s most promising areas. Combining strong rents, reliable tenants, modern updates, and timeless architectural charm, 49 William Street represents a truly exceptional investment opportunity you won’t want to miss. bikeScore: 53, Bikeable walkScore: 70, Very Walkable
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.