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8479-8481 East Ave
Gasport, NY 14067

$897,000 USD

Apartments For Sale • 7,858 SF

Property Details

Property Type Apartments
Total Building Size 7,858 SF
Lot Size 4.4 AC
Building Class C
Year Built 1971
Cap Rate 5.94 %
Zoning R

20 Walk Score

                
                    Highlights
                
                                Ten garden apartments in two buildings with shared parking lot
                            
                                Six two-bedroom and four one-bedroom apartments
                            
                                Excellent condition; new roofs, furnaces, and windows
                            
                                Large bedrooms, eat-in kitchens, and some with balconies
                            
                                Residential village neighborhood
                            
                                4.4-acre lot allows room for additional development

Financial Summary (Proforma)

Net Operating Income: $53,289 USD (2026)

Cap Rate:	5.94 %
Total Expenses:	$47,361 USD

Public Transportation

Airport	Drive	Walk	Distance
Niagara Falls International	34 min	-	23.0 mi
Buffalo Niagara International	34 min	-	24.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Brian Heine 716-884-4437 Brian Heine - Licensed Real Estate Broker

8479-8481 East Ave Gasport, NY 14067