Baths
13,991 Sq. Ft.
$54 / Sq. Ft.
13,991
Sq. Ft.
$54
per Sq. Ft.

Description

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...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.
  1. Listed by Cheryl Deal • Deal Realty, Inc.
    P: (716)-754-3301 C: (716)-940-0548 cheryl@dealrealtyonline.com

Property Details for 435 3rd Street

Subdivision Comm Complex
Niagara Falls Village
On Waterfront
No
Parking Description
Three Or More Spaces, Driveway, No Garage
Nearest Cross Street
Niagara Street
LISTING UPDATED: 04/02/2026 11:01 AM

Property Details for 435 3rd Street

StatusActive
MLS #B1670399
Days on Market32
Taxes$19,538 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Commercial
Year Built1925
Lot Size0.20 AC / 8,712 SF
CountyNiagara County

Location

Listing Courtesy of Deal Realty, Inc.
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Building Information for 435 3rd Street

Stories3Residences8Year Built1925Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$5,450 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,822

Property Taxes

$1,628

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 435 3rd Street

Summary
Location and General Information
  • Elementary School District: Niagara Falls
  • High School District: Niagara Falls
  • Middle Or Junior School District: Niagara Falls
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Niagara Falls-City-291100
  • Tax Annual Amount: $19,538.00
Property
Lot Information
  • Building Area Total: 13991.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot
  • Num Of Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Parcel Number: 291100-159-037-0001-004-000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 4
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $281,600
  • Year Built: 1925
  • Year Built Description: Existing
  • Property Sub Type Additional: Commercial
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 10
  • Num Of Gas Meters: 10
  • Sewer Description: Connected
  • Utilities Available: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks
  • Construction Materials: Brick
  • Exterior Features: Patio, See Remarks
  • Patio And Porch Features: Open, Patio, Porch
  • Roof Description: Asphalt, Membrane, Rubber
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement Description: Full, Sump Pump
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 8
  • HVAC Type: Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Natural Woodwork
  • Sq Ft Total: 13991.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • Operating Expense Includes: Other, See Remarks
  • Stories: 3
  • Stories Total: 3
Rental
Rental Information
  • Rent Includes: Water
  • Tenant Pays: All Utilities

Property History for 435 3rd Street

DateEvent & SourcePriceAppreciation
Apr 2, 2026

Listed (Active)

WNYREIS #B1670399

$759,000
Jul 9, 2020

Expired

WNYREIS #B1208209

Jul 9, 2019

Listed (Active)

WNYREIS #B1208209

$725,000
DateEvent & SourcePrice
04/02/2026

Listed (Active)

WNYREIS #B1670399

$759,000
07/09/2020

Expired

WNYREIS #B1208209

07/09/2019

Listed (Active)

WNYREIS #B1208209

$725,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 435 3rd Street

Taxable ValueLand$10,900Additions$270,700Total$281,600
Home Facts
Total Finished SqFt10,059 SqFtAbove Grade Finished SqFt10,059 SqFtUnfinished Basement SqFt3,932 SqFtStories2Lot Size8,712 SqFtStyleOffice BuildingYear Built1929ZoningC2-ACountyNIAGARAAPN291100 159.37-1-4

Schools near 435 3rd Street

This home is within Niagara Falls City School District.
Rating
School
Type
Grades
Distance
Public - 2 to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Harry F Abate Elementary School
Public2 to 6

Gaskill Preparatory School
Public7 to 8

Niagara Falls High School
Public9 to 12

Bloneva Bond Primary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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435 3rd Street is a multi-family home for sale in Niagara Falls, NY 14301. This property was listed for sale on April 2, 2026 by Deal Realty, Inc., it's currently listed at $759,000. It has been on the market for a total of 32 days and was last sold on June 3, 2014. This listing's school district is Niagara Falls City School District. Nearby schools include Harry F Abate Elementary School, Gaskill Preparatory School and Niagara Falls High School. 435 3rd Street is a 8-bed, 0-bath, 13,991 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Deal Realty, Inc.

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.