942 Niagara Ave, Niagara Falls, NY 14305
- Commercial real estate
- 22,928 SF
- 0.34 lot acres
Current Use by Public Records
- Estella Apartments / Apartment Building
Property Details for 942 Niagara Ave
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
Description
Exceptional investment opportunity in Niagara Falls, NY, presents a 22,928 square foot, four-level commercial building situated on a 0.34-acre lot at 942 Niagara Avenue, zip code 14305. Currently generating over $26,000 in monthly gross income, this meticulously maintained brick and stone structure houses twenty residential units—ten one-bedroom and ten two-bedroom apartments, all complete with appliances. The building includes a fully equipped basement level featuring coin-operated laundry facilities, common areas, bathrooms, and ample tenant storage. Additional lower-level amenities encompass an office, kitchenette, and mechanical rooms. Recent renovations encompass flooring, windows, and interior painting. This turnkey operation offers significant upside potential for growth, further enhanced by available buyer incentives and grant financing opportunities. The property is listed at $875,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Niagara Falls
- County
- Niagara
- State
- New York
- Longitude
- -79.0521939
- Latitude
- 43.1079375
