4822 Hyde Park Blvd - Apartments FOR SALE


Niagara Falls, NY 14305- Greater Niagara Falls
$4,800,000 USD
716-570-7600
4822 Hyde Park Blvd, Niagara Falls, NY for Sale
$4,800,000 USD
Apartments - FOR SALE
1/19
null | 7.5% Cap Rate

4822 Hyde Park Blvd
Niagara Falls, NY 14305
Greater Niagara Falls


OVERVIEW

Investment Offering: 81-Unit Multifamily Portfolio – Niagara Falls, NY Addresses: 4822 Hyde Park Blvd, Niagara Falls, NY – 20 Units 1736 Lafayette Ave, Niagara Falls, NY – 61 Units Overview: We are pleased to present an exceptional opportunity to acquire an 81-unit multifamily portfolio located in Niagara Falls, New York. This two-property package features a diverse mix of studio, one-bedroom, and two-bedroom apartment units, offering strong tenant appeal and operational efficiency. Key Highlights: Unit Mix: Studio, 1-Bedroom, and 2-Bedroom Apartments Off-Street Parking: Ample on-site tenant parking Strong Location: Conveniently situated near key commercial corridors, public transit, and educational institutions Updated Building Systems: Eagle Heights (1736 Lafayette) features a recently upgraded heating system, offering improved energy efficiency and reduced maintenance costs Attractive In-Place Financing: Interest Rate: 4.2% Approximate Loan Balance: $2.68M (assumable) Lender open to adding a supplemental loan to support value-add strategy Stabilized Cash Flow: Strong historical occupancy and consistent rental income, with upside potential through minor operational and cosmetic enhancements Please contact Chris Greco for financial analysis 716-570-7600 chris@grecorealestate.com

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

81

PRICE/UNIT

$59,259

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle Heights

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

R3-A

APN/PARCEL ID

291100-130-010-0002-010-000

ASK ABOUT THIS PROPERTY

Chris GrecoGreco Real EstateMore Info
716-570-7600

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Chris GrecoGreco Real EstateMore Info
716-570-7600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.