628 9th Street
Niagara Falls, NY, 14301
$1,496,289
42 Beds
0 Baths
31,464 SqFt
0.5 Acres
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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.

Property Details

Price:
$1,496,289
MLS #:
B1608001
Status:
Active
Beds:
42
Baths:
0
Address:
628 9th Street
Type:
Single Family
Subtype:
Other
Subdivision:
Mile Reserve
Neighborhood:
Niagara Falls-City-291100
City:
Niagara Falls
Listed Date:
May 28, 2025
State:
NY
Finished Sq Ft:
31,464
Total Sq Ft:
31,464
ZIP:
14301
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1958
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Schools

School District:
Niagara Falls

Interior

Appliances
See Remarks, Water Heater
Cooling
Other, See Remarks
Flooring
Laminate, Other, See Remarks, Tile, Varies, Vinyl
Heating
Gas, Other, See Remarks

Exterior

Community Features
Other, Storage Facilities, See Remarks
Construction Materials
Aluminum Siding, Block, Concrete
Exterior Features
See Remarks
Parking Features
Three Or More Spaces, Driveway, No Garage
Roof
Flat, Membrane, Rubber

Financial

Taxes
$13,696

Map

Community

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628 9th Street
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