$1,496,289
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.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $11,151
- Utilities
- $14,814
- Transportation
- $0
- Other (entertainment)
- $138
Quick facts
At a glance
Home features
Lot features
NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Neighborhood — 14301
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 15,614 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -17.00% | 8.00% | 20.00% |
| Population Density | 6,732 | 395 | — |
| Male | 7,089 | 9,381,926 | 147,432,321 |
| Female | 8,525 | 9,969,168 | 151,655,844 |
| Never Married | 4,683 | 4,946,391 | 63,775,926 |
| Married | 4,112 | 7,166,701 | 123,120,365 |
| Separated | 803 | 1,159,673 | 12,639,686 |
| Widowed | 1,455 | 1,110,245 | 15,467,586 |
| Divorced | 1,660 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 6,696 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.26 | 2.64 | 2.60 |
| Medial Age | 37.83 | 36.53 | 35.46 |
| Median House Hold Income | $23,356 | $49,847 | $48,276 |
| Average House Hold Income | $32,094 | $70,032 | $63,629 |
| P C I | $14,500 | $26,569 | $24,529 |
| M D I | $21,661 | $42,210 | $41,133 |
| A T H E | $33,152 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 82.17% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 5/28/2025. Provided courtesy of Pioneer Star Real Estate Inc. via Buffalo MLS. Information deemed reliable but not guaranteed.