Active
628 9th Street, Niagara Falls NY 14301
MLS# B1608001
$1,496,289
Price
42
Beds
-
Baths
31,464
Living Area (Sq.Ft.)
0.5
Lot Area (Acres)
$1,496,289
Price
42
Beds
-
Baths
31,464
Living Area (Sq.Ft.)
0.5
Lot Area (Acres)
Investor Opportunity – 42-Unit Redevelopment in Prime Downtown Niagara Falls <br>628 9th Street, Niagara Falls, NY <br> <br>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. <br> <br>This partially completed redevelopment project is primed for a new investor to step in and capitalize. All preliminary work has been professionally completed, including: <br> <br>Environmental study <br>Interior demolition & cleanup <br>Rough plumbing <br>Third-party appraisal <br> <br>This project offers flexibility for a range of investment strategies—long-term rentals, short-term furnished units, or mixed-use potential. <br> <br>Property Highlights: <br>42 units <br>Prime downtown location in a high-demand rental corridor <br>Strong tenant base from nearby hospital, courthouse, and tourism industry <br>High upside for cash flow and equity growth <br>Limited downtown inventory = competitive advantage <br>Ideal for 1031 exchange or portfolio expansion <br> <br>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. <br> <br>Offered As-Is. Serious Inquiries Only.
Status
Active
Property Type
MultiFamily
Property Sub Type
Other
Year Built
1958
Parcel Number
291100-159-022-0003-052-000
Unit Number
--
Subdivision Name
Mile Reserve
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Building Area Source
PublicRecords
Lot Size Dimensions
165X132
Stories
3
Community Features
Other,StorageFacilities,SeeRemarks
Property Condition
Resale
Elementary School District
Niagara Falls
Middle Or Junior School District
Niagara Falls
High School District
Niagara Falls
Location
Listing Agent
Pushpa Gunatilake
Listing Office
Pioneer Star Real Estate Inc.
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Other, Rehab Financing, See Remarks
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-05-27
Owner Pays
Other, See Remarks, Water
Rent Includes
Other, See Remarks, Water
Tenant Pays
AllUtilities
Fire Places Total
0
Flooring
Laminate, Other, See Remarks, Tile, Varies, Vinyl
Cooling Features
Other,SeeRemarks
Heating
true
Heating Features
Gas, Other, See Remarks
Appliances
See Remarks, Water Heater
Garage
false
Garage Spaces
0
Exterior Features
See Remarks
Water Source
Connected, Public
Sewer
Connected
Roof
Flat, Membrane, Rubber
Utilities
Sewer Connected, Water Connected
Parking Features
Three Or More Spaces, Driveway, No Garage
Basement
Full, Walk Out Access
Construction Materials
Aluminum Siding, Block, Concrete
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.