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435 3rd Street

Niagara Falls, NY 14301
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Bed 8

Bed

Bath 0

Bath

SqFt13,991

Sqft

Acres0.20

Acre(Lot)

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 fl ooring. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,000

AD Id : 91031534

MLS Id : B1670399

Beds : 8

Lot Size : 0.20 Acre

Living Area Size : 13,991

Tax Amount : 19538.00

Year Built : 1925

County : Niagara

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Feature Features

  • Bedroom Information

    Total beds: 8

    Room Information

    Has Basement: Yes Basement: Full, Sump Pump
  • Flooring Information

    Hardwood, Laminate, Varies, Vinyl
  • Roofing Information

    Asphalt, Membrane, Rubber
  • Interior Features

    Ceiling Fan(s), Natural Woodwork, High Speed Internet Roof: Asphalt, Membrane, Rubber Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1925 Building Area Total: 13991 Construction Materials: Brick Stories: 3 Patio And Porch Features: Patio, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 66X132 Main Square Feet: 0.2 Acres Lot Size Acres: 0.2 Lot Size Square Feet: 8712 Lot Description: Near Public Transit, Rectangular Lot

    Property Information

    Subdivision: Niagara Falls Village Source Property Type: Residential Income Property SubType: Multi Family Property Age: 101

  • Listing Price Information

    Listing Price: $699000 Original Price: $759000 Cash, Conventional

  • Tax Information

    Parcel Number: 291100-159-037-0001-004-000 Tax Lot: 4 Annual Tax: $19538

  • Parking Information

    Driveway, No Garage

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: Niagara Scenic Parkway to Whirlpool St turns into Third Street. WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 09/09/2026 @ 23:32

MLS: B1670399 LISTED BY: Cheryl Deal, Deal Realty, Inc. 716-754-3301 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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