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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUN 29 2025 AT 8:41 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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942 Niagara Ave

niagara falls, NY 14305

$875,000

  • 20 BR
    APPROX. 22,928 SF
  • contract signed

INTERESTED? LET'S CONNECT

Once in a lifetime business opportunity! This money maker of a building is in pristine condition. Absolutely meticulous and well maintained throughout the years. This brick and stone building is producing boatloads of income and in turn key condition. Gross income is over $26,000.00 a month currently. Ten (1) bedroom units, ten (2) bedroom units including appliances and all utilities. House electric and water. Four levels of housing. The basement floor boasts coin operated washer and dryer, common areas, bathrooms and storage for the tenants. Office, kitchenette area and mechanical rooms are on the lower level as well. Updates include: flooring, windows, paint to name a few. This rare gem offers an opportunity to invest in an extremely well oiled machine, producing income with even more room to grow. This is truly one of a kind and a must see! Also listed under MLSB1505919

Details

22,928 Sq Ft

0.34 Private Acres Exterior Space

Investment

$13,325 Annual Tax

Built in 1980

MLS/Listing ID B1509232

4 Stories

20 Units

ALISA M TALARICO - 716-990-5656

NYS

Source of Data: NEW YORK STATE MLS

Interested in 942 Niagara Ave?