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For sale
  • $1,496,289

    628 9th St, Niagara Falls, NY 14301

    42beds
    0baths
    31,464sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $48/sqft
    $-- HOA

    What's special

    Prime downtown location
    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.
    17 days
    on Zillow
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    581
    |
    41
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    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 07:23am

    Listing by:

    Pioneer Star Real Estate Inc. 716-689-7250,

    Pushpa Gunatilake 716-907-3046,

    Sugath S Liyanage 716-348-8953,

    Pioneer Star Real Estate Inc.

    Source: NYSAMLSs,MLS#: B1608001MLS LogoOriginating MLS: Buffalo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 628 9th St.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 42
    • Bathrooms: 0
    Heating
    • Gas, Other, See Remarks
    Cooling
    • Other, See Remarks
    Appliances
    • Included: See Remarks, Water Heater
    Features
    • Flooring: Laminate, Other, See Remarks, Tile, Varies, Vinyl
    • Basement: Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 31,464
    • Total interior livable area: 31,464 sqft

    Property

    Parking
    • Parking features: Three or more Spaces, Driveway, No Garage
    Features
    • Stories: 3
    • Exterior features: See Remarks
    Lot
    • Size: 0.5 Acres
    • Dimensions: 165 x 132
    • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 2911001590220003052000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Block, Concrete
    • Roof: Flat,Membrane,Rubber
    Condition
    • Resale
    • Year built: 1958

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Other, Storage Facilities, See Remarks
    • Subdivision: Mile Reserve
    Location
    • Region: Niagara Falls

    Financial & listing details

    • Price per square foot: $48/sqft
    • Tax assessed value: $200,000
    • Annual tax amount: $13,696
    • Date on market: 5/27/2025
    • Listing terms: Cash,Other,Rehab Financing,See Remarks
    • Tenant pays: All Utilities
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