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photo 0: 435 3rd Street, Niagara Falls NY 14301
photo 1 : 435 3rd Street, Niagara Falls NY 14301
photo 2 : 435 3rd Street, Niagara Falls NY 14301

Active

435 3rd Street, Niagara Falls NY 14301

MLS# B1670399

$759,000

Price

8

Beds

-

Baths


13,991

Living Area (Sq.Ft.)

0.2

Lot Area (Acres)

Exceptional mixed-use property anchored by 8 income-generating residential apartments, complemented by 2 commercial spaces, delivering multiple streams of stable, diversified income. Located just steps from Niagara Falls State Park and the Rainbow Bridge, this high-visibility asset sits in a premier tourist corridor benefiting from over 14 million annual visitors. The residential component is fully leased & well maintained, featuring separate utilities for all units and on-site parking. The unit mix includes one spacious 3-bedroom, 2-bath apartment with historic charm & private entrances; two 2-bedroom units; five 1-bedroom units, offering strong occupancy appeal & consistent rental demand. Units have been updated with modern kitchens, newer appliances (included), fresh paint & laminate flooring. Additional improvements include newer windows and updated sewer lines. The commercial component provides valuable supplemental income and long-term upside. The lower left unit is occupied by an established tenant and features a Pub with indoor seating, outdoor patio, walk-in cooler and dedicated storage. The second commercial unit offers a flexible, large-format layout with multiple access points, including garage-style entry and delivery access, making it attractive for a variety of uses such as retail, gallery, entertainment, or hospitality concepts. This future space is currently leased and is positioned for a museum/lounge concept, highlighting its adaptability & additional income potential. Both commercial units also have all separate utilities and are designed to support steady tenancy in a high-demand tourism & entertainment district, enhancing overall property cash flow and reducing reliance on a single income source. Surrounded by dining, entertainment, public transportation & year-round attractions, this walkable location supports both residential stability & commercial success. Please note that this property may be eligible for a grant of up to 100k from the City of NF & it may be used towards renovation & acquisition. It is reimbursed & 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc). Also listed under B1670381.

Status

Active

Property Type

MultiFamily

Property Sub Type

Commercial

Year Built

1925

Parcel Number

291100-159-037-0001-004-000

Unit Number

--

Subdivision Name

Niagara Falls Village

Lot Features

Near Public Transit, Rectangular, Rectangular Lot

Lot Size Dimensions

66X132

Stories

3

Community Features

Other,SeeRemarks

Property Condition

Resale

Elementary School District

Niagara Falls

Middle Or Junior School District

Niagara Falls

High School District

Niagara Falls

Location

Listing Agent

Cheryl Deal

Listing Office

Deal Realty, Inc.

Owner Name

--

Owner Phone

--

Possession

Closing

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-04-02

Owner Pays

Water

Rent Includes

Water

Tenant Pays

AllUtilities

Fire Places Total

0

Interior Features

Ceiling Fans, Natural Woodwork

Flooring

Hardwood, Laminate, Varies, Vinyl

Cooling

true

Cooling Features

CentralAir

Heating

true

Heating Features

Gas, Forced Air

Appliances

Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Electric

Circuit Breakers

Garage

false

Garage Spaces

0

Exterior Features

Patio, See Remarks

Water Source

Connected, Public

Sewer

Connected

Roof

Asphalt, Membrane, Rubber

Utilities

Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Parking Features

Three Or More Spaces, Driveway, No Garage

Basement

Full, Sump Pump

Construction Materials

Brick

Patio And Porch Features

Open, Patio, Porch

No schools found

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