NOT LISTED FOR SALE
3 Beds
1.5 Baths
4,562 Sq Ft
3,430 Sq Ft Lot

Last Sold August 03, 2023

Last sale price $165,000 $36 Per Sq Ft

90 Days on Market

About This Home

As of August 2023

Welcome to 2502 Niagara St! This mixed-use property offers the perfect business opportunity with a large storefront/restaurant space and a separate spacious 3-bedroom apartment upstairs! The large parking lot on the side ensures all of your customers will have plenty of parking! A large garage is also included for your convenience. This is a prime opportunity to be part of the rapid growth Niagara Falls is experiencing. Located across the street from Niagara St school and centrally located in the heart of downtown, this location is prime!

Last Agent to Sell the Property

Noah Munoz

Listing by Iconic Real Estate License #10401311565 Listed on: 03/10/2023

Iconic Real Estate

Last Buyer's Agent

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1960

Lot Details

  • 3,430 Sq Ft Lot
  • Lot Dimensions are 98 x 35

Home Design

  • Mixed Use

Interior Spaces

  • 4,562 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes grounds maintenance, water
  • Tax Lot 58
  • Assessor Parcel Number 291100-159-042-0001-058-000

Community Details

Overview

  • Stedman Farm Community
  • Stedman Farm Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,668

Year Built

Built in 1960

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 34600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 98
  • Lot Dimension Front: 35
  • Lot Information: Commercial Zoning, Neighborhood Street, Primary Road
  • Lot Number: 58
  • Nearest Cross Street: 25th St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2096569.25
  • Ratio Close Price By Sq Ft: 36.17
  • Ratio List Price By Acres: 2095298.60
  • Ratio List Price By Sq Ft: 36.15
  • Regional Board Code: Buffalo
  • Rent Includes: Grounds Maintenance, Water
  • School Tax: 677
  • Sub Board Code: Buffalo
  • Type of Residence: Mixed Use
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3430
  • Age of Building: 63
  • Year Built: 1960
  • Directions To Property: Niagara st
  • Sq Ft Total Pub: 4562
  • Subdivision Comm Complex: Stedman Farm
  • Attribution Contact: 716-404-5470
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 1
  • Attic Description: Partial
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 4562

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.0787

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Concrete, Garage, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Radiant
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-042-0001-058-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 1

Tax Info

  • Total Taxes: 1668

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Sahiba Traders Inc
Bought by
S & Y Group Inc

Purchase Details

Closed on
Apr 10, 2025
Sold by
Yahan Property Inc
Bought by
Sahiba Traders Inc

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jul 28, 2023
Sold by
Truman Dennis J and Truman Joanne E
Bought by
Yahan Property Inc
Seller's Agent
Noah Munoz
Iconic Real Estate
Buyer's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Views
325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2006
Sold by
Gee Carol L
Bought by
Thuman Dennis

Purchase Details

Closed on
Jan 13, 2006
Sold by
Granieri Samuel P
Bought by
Gee Carol

Purchase Details

Closed on
Jan 31, 2002
Sold by
Two Ta Bene Inc
Bought by
Granieri Samuel P and Granieri Terri S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
S & Y Group Inc $290,000 None Listed On Document
Sahiba Traders Inc $170,000 None Listed On Document
Yahan Property Inc $165,000 None Listed On Document
Thuman Dennis $68,000 W Maxwell Coykendall
Gee Carol $25,000 --
Granieri Samuel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yahan Property Inc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $165,000 0.0% $36 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
04/26/2023 04/26/23 Off Market $165,000 -- --
03/10/2023 03/10/23 For Sale $164,900 -- $36 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,350 $34,600 $1,600 $33,000
2023 $1,350 $34,600 $1,600 $33,000
2022 $1,012 $34,600 $1,600 $33,000
2021 $1,012 $34,600 $1,600 $33,000
2020 $671 $34,600 $1,600 $33,000
2019 $645 $34,600 $1,600 $33,000
2018 $994 $34,600 $1,600 $33,000
2017 $645 $34,600 $1,600 $33,000
2016 $1,219 $34,600 $1,600 $33,000
2015 -- $34,600 $1,600 $33,000
2014 -- $34,600 $1,600 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1457885

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-042-0001-058-000