435 3rd St Niagara Falls, NY 14301
East Side NeighborhoodEstimated payment $5,656/month
Highlights
- 0.2 Acre Lot
- Wood Flooring
- Woodwork
- Property is near public transit
- Porch
- Open Patio
About This Home
Exceptional mixed-use property anchored by 8 income-generating residential apartments, complemented by 2 commercial spaces, delivering multiple streams of stable, diversified income. Located just steps from Niagara Falls State Park and the Rainbow Bridge, this high-visibility asset sits in a premier tourist corridor benefiting from over 14 million annual visitors. The residential component is fully leased & well maintained, featuring separate utilities for all units and on-site parking. The unit mix includes one spacious 3-bedroom, 2-bath apartment with historic charm & private entrances; two 2-bedroom units; five 1-bedroom units, offering strong occupancy appeal & consistent rental demand. Units have been updated with modern kitchens, newer appliances (included), fresh paint & laminate flooring. Additional improvements include newer windows and updated sewer lines. The commercial component provides valuable supplemental income and long-term upside. The lower left unit is occupied by an established tenant and features a Pub with indoor seating, outdoor patio, walk-in cooler and dedicated storage. The second commercial unit offers a flexible, large-format layout with multiple access points, including garage-style entry and delivery access, making it attractive for a variety of uses such as retail, gallery, entertainment, or hospitality concepts. This future space is currently leased and is positioned for a museum/lounge concept, highlighting its adaptability & additional income potential. Both commercial units also have all separate utilities and are designed to support steady tenancy in a high-demand tourism & entertainment district, enhancing overall property cash flow and reducing reliance on a single income source. Surrounded by dining, entertainment, public transportation & year-round attractions, this walkable location supports both residential stability & commercial success. Please note that this property may be eligible for a grant of up to 100k from the City of NF & it may be used towards renovation & acquisition. It is reimbursed & 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc). Also listed under B1670381.
Listing Agent
Listing by Deal Realty, Inc. Brokerage Phone: 716-940-0548 License #10311205717 Listed on: 04/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,538
Year Built
- Built in 1925
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Rectangular Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 8 Bedrooms
- 13,991 Sq Ft Home
- 3-Story Property
- Woodwork
- Ceiling Fan
Kitchen
- Gas Oven
- Gas Range
Flooring
- Wood
- Laminate
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Open Patio
- Porch
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes water
- Tax Lot 4
- Assessor Parcel Number 291100-159-037-0001-004-000
Community Details
Overview
- 8 Units
- Niagara Falls Village Subdivision
Building Details
- 10 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,922 | $281,600 | $10,900 | $270,700 |
| 2024 | $11,922 | $281,600 | $10,900 | $270,700 |
| 2023 | $10,752 | $281,600 | $10,900 | $270,700 |
| 2022 | $5,273 | $281,600 | $10,900 | $270,700 |
| 2021 | $5,272 | $281,600 | $10,900 | $270,700 |
| 2020 | $3,502 | $281,600 | $10,900 | $270,700 |
| 2019 | $3,370 | $281,600 | $10,900 | $270,700 |
| 2018 | $5,180 | $281,600 | $10,900 | $270,700 |
| 2017 | $3,370 | $281,600 | $10,900 | $270,700 |
| 2016 | $6,340 | $281,600 | $10,900 | $270,700 |
| 2015 | -- | $180,000 | $10,900 | $169,100 |
| 2014 | -- | $180,000 | $10,900 | $169,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | For Sale | $759,000 | -- | $54 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,500 | None Available | |
| Deed | $300,000 | Zabrina Lieberman | |
| Deed | $250,000 | James C Roscetti |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1670399
APN: 291100-159-037-0001-004-000
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