Estimated payment $8,753/month
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.
Listing Agent
Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 09/10/2025
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2025 10/01/25 | Pending | -- | -- | -- | |
| 09/10/2025 09/10/25 | For Sale | $1,430,000 | +54.6% | $45 / Sq Ft | |
| 07/24/2024 07/24/24 | Sold | $925,000 | -26.0% | $29 / Sq Ft | View Prior Sale |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- | |
| 02/28/2024 02/28/24 | For Sale | $1,249,900 | 0.0% | $40 / Sq Ft | |
| 02/16/2024 02/16/24 | Pending | -- | -- | -- | |
| 02/03/2024 02/03/24 | For Sale | $1,249,900 | 0.0% | $40 / Sq Ft | |
| 01/18/2024 01/18/24 | Pending | -- | -- | -- | |
| 12/19/2023 12/19/23 | For Sale | $1,249,900 | 0.0% | $40 / Sq Ft | |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- | |
| 11/29/2023 11/29/23 | For Sale | $1,249,900 | +35.1% | $40 / Sq Ft | |
| 11/24/2023 11/24/23 | Off Market | $925,000 | -- | -- | |
| 10/20/2023 10/20/23 | Price Changed | $1,249,900 | -16.7% | $40 / Sq Ft | |
| 08/25/2023 08/25/23 | For Sale | $1,499,900 | -- | $48 / Sq Ft |
$244,500
Great Investment Opportunity in Prime Niagara Falls Location!This is your chance to own a solid investment property in one of the most desirable areas of Niagara Falls—just minutes from the world-famous falls and surrounded by all the conveniences: shopping, groceries, transit, and more. Sturdy Construction: Built with cement block walls all around—strong and durable.Recent
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$59,900
***PRICE REDUCED FOR QUICK SALE***....Welcome to this great Investment property Or could be a comfy 2 bed/ 2 bath family home in the heart of Niagara Falls or you can make your own imagination and could be 3 bedroom/1.5 bath.....Just walking distance to World Famous Niagara Falls.....This is located in the Airbnb zone of Niagara Falls and ready for someone to come and finish up,
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$58,900
Great Investment Opportunity or Owner-Occupied Fixer-Upper!This property offers strong potential, whether you're looking for your next investment or a home to make your own. While it recently sustained fire damage, all debris has been cleared out, and the property is ready for renovation.? Electric system updated: New meter, breaker box, and repaired electrical lines? Exterior
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$72,800
Great Investment Opportunity in LaSalle area in Niagara Falls, NY!Located in a quiet, desirable neighborhood, this fire-damaged property offers a rare chance to bring your own vision to life. With much of the damaged areas already cleaned out, the home is a blank canvas ready for your creativity.Key features include:Full solid basement – a strong foundation to build
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$15,900
Please note that this is a landlocked property, and access is limited. IT IS EXTREMELY IMPORTANT to respect all surrounding neighbors when visiting the lot....FYI:Seller will do survey with the right price but not search... Seller bought the property from tax sale and could give quiet claim deed.....Buyers are advised to conduct their own due diligence and plan any site visits.....Great
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$65,000
64 Gladstone St – Buffalo, NYYour next investment opportunity awaits! This 2-unit property features two spacious 3-bedroom, 1-bath apartments. The home sustained fire damage to the front/porch area, making it a true value-add project for investors or rehabbers looking to bring it back to life.Conveniently located and listed to move, this property offers great potential as a rental
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$265,000
Welcome to 310 Breckenridge, a beautifully updated residence currently used as a single-family home. The front house has been completely refinished, showcasing modern upgrades throughout, including brand-new windows, a stylish kitchen with contemporary finishes, and fully renovated bathrooms.At the rear of the property sits a detached cottage, currently gutted to the studs and used for
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$369,900
****Just Lower the price for quick sale***...Introducing a rare opportunity to own a charming and spacious 4-bedroom, 1.5-bath home located on the historic brick road portion of Niagara Falls Blvd. This inviting property features a full basement, a finished attic, and a detached garage, providing generous living space, storage, and flexibility for a variety of needs.Ideally situated just
Pushpa Gunatilake Pioneer Star Real Estate Inc.
$229,950 Pending
Turnkey 2-Unit Property – 14 Phyllis Ave, Buffalo, NY.Immaculately renovated and filled with natural light, this bright and welcoming 2-unit home is perfect for owner-occupants or investors alike.Enjoy peace of mind with brand-new windows, hot water tanks, updated tiled bathrooms, and beautiful hardwood flooring throughout, newer roof, fresh paint and many more.Lower Unit:
Pushpa Gunatilake Pioneer Star Real Estate Inc.
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1635438
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