Baths
31,464 Sq. Ft.
$45 / Sq. Ft.
31,464
Sq. Ft.
$45
per Sq. Ft.

Description

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...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. There is a current accepted offer that can be cancelled unilaterally by the seller if there is a satisfactory offer.
  1. Listed by Pushpa Gunatilake • Pioneer Star Real Estate Inc.
    P: (716)-689-7250 C: (716)-907-3046 pushpa@pioneerstarre.com
  2. Listed by Sugath S Liyanage • Pioneer Star Real Estate Inc.
    P: (716)-689-7250 C: (716)-348-8953 Sugath@PioneerStarRE.com

Property Details for 628 9th Street

Subdivision Comm Complex
Mile Reserve
On Waterfront
No
Parking Description
Driveway, No Garage
Nearest Cross Street
Pine Ave.
LISTING UPDATED: 12/15/2025 12:37 PM

Property Details for 628 9th Street

StatusActive
MLS #B1635438
Days on Market94
Taxes$13,696 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1958
Lot Size0.50 AC / 21,780 SF
CountyNiagara County

Location

Listing Courtesy of Pioneer Star Real Estate Inc.
Add your commute

Building Information for 628 9th Street

Stories4Residences42Year Built1958Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$8,111 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,970

Property Taxes

$1,141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 628 9th 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: $13,696.00
Property
Lot Information
  • Building Area Total: 31464.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Square Feet: 21780.0
  • Lot Size Units: Acres
  • Parcel Number: 291100-159-022-0003-052-000
  • Road Frontage: City Street
  • Lot Number: 52
Property and Assessments
  • Property Condition: Resale, Fixer
  • Senior Community YN: No
  • Assessed Value: $200,000
  • Year Built: 1958
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Other, Storage Facilities, See Remarks
  • Construction Materials: Block, Concrete
  • Roof Description: Flat, Membrane, Rubber
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 42
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks, Tile, Varies, Vinyl
  • Heating: Other, See Remarks
  • Sq Ft Total: 31464.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 42
  • Operating Expense Includes: Other, Professional Management, See Remarks
  • Stories: 4
  • Stories Total: 4
Rental
Rental Information
  • Rent Includes: Other, See Remarks, Snow Removal, Water

Property History for 628 9th Street

DateEvent & SourcePriceAppreciation
Sep 10, 2025

Listed (Active)

WNYREIS #B1635438

$1,430,000
Aug 27, 2025

Expired

WNYREIS #B1608001

May 27, 2025

Listed (Active)

WNYREIS #B1608001

$1,496,289
Jul 24, 2024

Sold

WNYREIS #R1493785

$925,000
Jul 16, 2024

Sold (Public Record)

Public Record #1541245788

$925,000

-19.6% / yr

Mar 4, 2024

Pending

WNYREIS #R1493785

Oct 20, 2023

Price Change

WNYREIS #R1493785

$1,249,900
Aug 25, 2023

Listed (Active)

WNYREIS #R1493785

$1,499,900
Feb 11, 2020

Sold (Public Record)

Public Record #667573168

$2,425,000

+23.5% / yr

Nov 15, 2005

Sold (Public Record)

Public Record #243139988

$120,000
DateEvent & SourcePrice
09/10/2025

Listed (Active)

WNYREIS #B1635438

$1,430,000
08/27/2025

Expired

WNYREIS #B1608001

05/27/2025

Listed (Active)

WNYREIS #B1608001

$1,496,289
07/24/2024

Sold

WNYREIS #R1493785

$925,000
07/16/2024

Sold (Public Record)

Public Record #1541245788

$925,000

-19.6% / yr

03/04/2024

Pending

WNYREIS #R1493785

10/20/2023

Price Change

WNYREIS #R1493785

$1,249,900
08/25/2023

Listed (Active)

WNYREIS #R1493785

$1,499,900
02/11/2020

Sold (Public Record)

Public Record #667573168

$2,425,000

+23.5% / yr

11/15/2005

Sold (Public Record)

Public Record #243139988

$120,000

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

Public Records for 628 9th Street

Taxable ValueLand$43,600Additions$156,400Total$200,000
Home Facts
Total Finished SqFt25,890 SqFtAbove Grade Finished SqFt25,890 SqFtUnfinished Basement SqFt5,574 SqFtStories3Lot Size21,780 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningC2-ACountyNIAGARAAPN291100 159.22-3-52

Schools near 628 9th 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.

Similar Homes

Similar Sold Homes

628 9th Street is a multi-family home for sale in Niagara Falls, NY 14301. This property was listed for sale on September 10, 2025 by Pioneer Star Real Estate Inc., it's currently listed at $1,430,000. It has been on the market for a total of 94 days and was last sold on July 24, 2024. 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. 628 9th Street is a 42-bed, 0-bath, 31,464 sqft multi-family home built in 1958.

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 Pioneer Star Real Estate 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.