Courtesy: Pioneer Star Real Estate Inc.
716-689-7250
Investor Opportunity – 42-Unit Redevelopment in Prime Downtown Niagara Falls 628 9th Street, Niagara Falls, NY Exceptional opportunity to acquire a 42-unit multifamily asset located in the heart of downtown Niagara Falls Situated directly across from a major hospital, one block from the courthouse, and minutes from Niagara Falls State Park, this property offers unparalleled proximity to major employers, infrastructure, and one of the world’s top tourist destinations. This partially completed redevelopment project is primed for a new investor to step in and capitalize. All preliminary work has been professionally completed, including: Environmental study Interior demolition & cleanup Rough plumbing Third-party appraisal This project offers flexibility for a range of investment strategies—long-term rentals, short-term furnished units, or mixed-use potential. Property Highlights: 42 units Prime downtown location in a high-demand rental corridor Strong tenant base from nearby hospital, courthouse, and tourism industry High upside for cash flow and equity growth Limited downtown inventory = competitive advantage Ideal for 1031 exchange or portfolio expansion Unlock substantial value-add potential in one of Western New York’s fastest-growing markets. All the groundwork is done—bring your vision and complete the project. Offered As-Is. Serious Inquiries Only. There is a current accepted offer that can be cancelled unilaterally by the seller if there is a satisfactory offer.
Courtesy: Red Door Real Estate WNY LLC
716-299-7171
Thinking of investing in Niagara Falls? Don’t miss this solid all-brick 10 unit building with separate utilities and nine garages—a rare find! This rock-solid, all-brick 10 unit offers immediate cash flow and long-term upside with separate utilities (tenants pay their own gas and electric, except one unit) and nine rentable garages for additional income. Built with concrete floors and steel joists, this former City-designated Fall Out Shelter is built to last. Located directly across from the LaSalle Yacht Club with upper Niagara River views and just steps from the new LaSalle Waterfront Park & River View Trail connecting to Niagara Falls State Park. Tenants LOVE this location and want to stay! Minutes from the Canadian border, I-190 access, public transit, and all major shopping on Niagara Falls Blvd and Military Rd. Low-maintenance building in a prime location—this is the kind of value-add opportunity investors look for. Total monthly rent is $8545 - financials are available for review.
Niagara Falls is located in New York. Niagara Falls, New York has a population of 48,763. Niagara Falls is less family-centric than the surrounding county with 18.11% of the households containing married families with children. The county average for households married with children is 25.83%.
The median household income in Niagara Falls, New York is $43,336. The median household income for the surrounding county is $60,834 compared to the national median of $69,021. The median age of people living in Niagara Falls is 40.1 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 36.4 inches per year, with 77.6 inches of snow per year.
