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About This Home

This 8-bedroom, 0-bathroom commercial at 435 3rd Street in Niagara Falls, NY is listed for $759,000 ($54 per sqft). Built in 1925, the home offers 13,991 sqft of living space on a 0.20 acres lot.

Agent 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 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.

Key Features

  • Built in 1925
  • 0.20 acre lot
  • 3 stories

Property Details

3 stories
1925

Amenities

HardwoodA/C

Monthly Cost Estimate

$4,059/mo

20% down · 6.5% · 30 years

Principal$549
Interest$3,289
Insurance$221

Estimates only. Actual payments may vary.

Location

435 3rd Street

Niagara Falls, NY 14301

Niagara Falls Village

Features & Amenities

Interior Features

CeilingFansNaturalWoodwork

Exterior Features

Patio

Property Details

Flooring

HardwoodVariesLaminateVinyl

Construction

Brick

Pool Features

PatioPorch

Parking

GarageDriveway

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

GasOvenGasRangeGasWaterHeaterRefrigerator

Questions & Answers

This 8-bedroom, 0-bathroom commercial at 435 3rd Street is listed at $759,000 ($54/sqft). The estimated monthly payment is $3,289 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 0.20 acre lot, 3 stories. Interior Features: CeilingFans, NaturalWoodwork. Exterior Features: Patio.

This property is listed by Cheryl Deal and can be reached at 7169400548 or cheryl@dealrealtyonline.com.

CD

Cheryl Deal

Agent at Deal Realty, Inc.

(716) 940-0548

Listed by Deal Realty, Inc. · View on Broker Site

MLS# B1670399· Source: listhub· Updated 60 days ago

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

435 3rd Street, Niagara Falls, NY 14301

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