628 9th Street, Niagara Falls, NY 14301
Local realty services provided by:HUNT Real Estate ERA



628 9th Street,Niagara Falls, NY 14301
$1,496,289
- 42 Beds
- - Baths
- 31,464 sq. ft.
- Multi-family
- Active
Listed by:pushpa gunatilake
Office:pioneer star real estate inc.
MLS#:B1608001
Source:NY_GENRIS
Price summary
- Price:$1,496,289
- Price per sq. ft.:$47.56
About this home
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.
Contact an agent
Home facts
- Year built:1958
- Listing Id #:B1608001
- Added:78 day(s) ago
- Updated:August 14, 2025 at 02:43 PM
Rooms and interior
- Bedrooms:42
- Living area:31,464 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Flat, Membrane, Rubber
- Year built:1958
- Building area:31,464 sq. ft.
- Lot area:0.5 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,496,289
- Price per sq. ft.:$47.56
- Tax amount:$13,696
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