628 9th St Niagara Falls, NY 14301
Property details
About 628 9th St
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.
Highlights
Summary
- Appliances: Other, Water Heater
- Basement: Yes
- Flooring Type: Laminate, Other, See Remarks, Tile, Varies, Vinyl
- Total Bedroom Count: 42
- Parking: Three or more Spaces, Driveway, No Garage
- Exterior: See Remarks
- Heating: Natural Gas, Other
- Cooling: Other
- List Price: $1,496,289
- Price/SqFt: $47
- Annual Tax Amount: $12,241
- Tax Year: 2021
- Lot: Near Public Transit, Rectangular Lot
- Directions: Walnut Ave. to 9th St
- Year Built: 1958
- Stories: 3
- Living Area: 31,464 SqFt
- Lot Size: 0.5 Acres
- MLS Number: B1608001
- MLS Name: NYS
- Office Name: Pioneer Star Real Estate Inc.
- Office Phone: (716) 689-7250
- Office Email: pushpa@pioneerstarre.com
- Listing Agent: Pushpa Gunatilake
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. 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 this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/30/2025, 3:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,496,289
628 9th St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 25, 2024 | Home Sold | $925,000 |
Nov 15, 2005 | Home Sold | $120,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $200,000 | $- |
2022 | $200,000 | $- |
2021 | $200,000 | $12,241 |
2020 | $200,000 | $12,241 |
2019 | $200,000 | $3,880 |
2018 | $200,000 | $5,746 |
2017 | $200,000 | $3,725 |
History based on county public records data.
Nearby schools
3
Harry F Abate Elementary School
Public District PK-6
0.6 mi
•1625 Lockport St
1
Niagara Street School
Public District PK-6
1.1 mi
•2513 Niagara St
3
Hyde Park School
Public District PK-6
1.4 mi
•1620 Hyde Park Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,091. Residents of Niagara Falls, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 628 9th St
The listing price of 628 9th St property is $1,496,289.
The property 628 9th St is a house located in Niagara Falls, New York, 14301.
Active Listing: 628 9th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 628 9th St are: Harry F Abate Elementary School (GreatSchools Rating 3/10), Niagara Street School (GreatSchools Rating 1/10), Hyde Park School (GreatSchools Rating 3/10), Gaskill Preparatory School (GreatSchools Rating 2/10), Lasalle Preparatory School (GreatSchools Rating 3/10), Veronica E Connor Middle School (GreatSchools Rating 6/10), Niagara Falls High School (GreatSchools Rating 3/10), Grand Island Senior High School (GreatSchools Rating 9/10), Niagara Wheatfield High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2021 is $12,241 (source: MLS/based on county public records data).
The last sale was on July 25, 2024 for $925,000 (source: MLS/tax record).
The property at 628 9th St has 42 bedrooms and 0 bathroom.
The property 628 9th St is 31,464 SqFt (source: MLS/tax record).
The year of construction for 628 9th St is 1958.
This home is located at 628 9th St in Niagara Falls, NY and zip code 14301. This 31,464 square foot home, which was built in 1958, sits on a 0.50 acre lot. Features: 42 bedrooms, 0 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $1,496,289.
Over 16 listings were sold over their listed price in April 2025 in Niagara Falls, NY. In the same period over 17 listings were sold below the listed price and 1 listings were sold for the listed price. Between March and April 2025, Niagara Falls, NY real estate market has seen increase in the number of listings by 0.9%. In April 2025 median list price was $154,762 and the average listing age was 32 days.