Lakeview Apartments 2 Fall Street
Seneca Falls, NY 13148
For Sale
34,000 sqft
Sale Price
$1,700,000
Brochure
Map
Multifamily For Sale - Available Immediately
32 Unit Value Add Opportunity with Redevelopment Potential
±34,462 Square Feet
±1.4 Acres
Three (3) stories
Significant upside potential, including the addition of 12-15 more residential units in the unfinished sections of the building
Recent $96,000 CapEx investment into elevator
Potential to develop waterfront
Certificate of Occupancy is transferable and valid through December 31, 2026
Get in touch
Cory LaDuke, SIOR
Lic: Associate Real Estate Broker
Lawrence Papaleo
Lic: Associate Real Estate Broker
CBRE Upstate NY is pleased to offer 2 Fall Street, known as the Lakeview Apartments, in Seneca Falls, New York. This is a unique opportunity to redevelop this property to take advantage of its underutilized waterfront potential. This property operated as a hospital from 1958 to 1978 and now houses 32 residential units. 2 Fall Street consists of roughly 34,000 square feet over three floors and features an updated elevator for tenants’ convenience.
The property offers significant upside potential, including the addition of 12-15 more residential units in the unfinished sections of the building. Dock slips can potentially be installed to allow a buyer to capitalize on the waterfront location. Investors will have the rare benefit of income from the current units while they reposition and redevelop the property for additional units.
Our team will accompany interested parties on property tours. All tours must be requested through, and accompanied by, the CBRE Upstate NY listing team and require a minimum 48 hours advance notice and are subject to schedule availability.
The property offers significant upside potential, including the addition of 12-15 more residential units in the unfinished sections of the building. Dock slips can potentially be installed to allow a buyer to capitalize on the waterfront location. Investors will have the rare benefit of income from the current units while they reposition and redevelop the property for additional units.
Our team will accompany interested parties on property tours. All tours must be requested through, and accompanied by, the CBRE Upstate NY listing team and require a minimum 48 hours advance notice and are subject to schedule availability.
Seneca Falls is a town in Seneca County, New York, United States. As of the 2020 census, the population was approximately 8,942. The town is located in the northern part of the Finger Lakes region, midway between Rochester and Syracuse, along the shores of the Cayuga–Seneca Canal.
Formally established in 1829, Seneca Falls is often regarded as the birthplace of the women’s rights movement in the United States. It was the site of the historic 1848 Women’s Rights Convention, where the Declaration of Sentiments was signed, marking a pivotal moment in the fight for gender equality.
Historically, Seneca Falls developed as an industrial and transportation center due to its position along the canal system, which connected it to the Erie Canal and major trade routes. Today, it remains a community with a strong mix of manufacturing, tourism, and small business.
Formally established in 1829, Seneca Falls is often regarded as the birthplace of the women’s rights movement in the United States. It was the site of the historic 1848 Women’s Rights Convention, where the Declaration of Sentiments was signed, marking a pivotal moment in the fight for gender equality.
Historically, Seneca Falls developed as an industrial and transportation center due to its position along the canal system, which connected it to the Erie Canal and major trade routes. Today, it remains a community with a strong mix of manufacturing, tourism, and small business.
Total Space Available
34,000 sqft
Sale Price
$1,700,000
Get in touch
Cory LaDuke, SIOR
Lic: Associate Real Estate Broker
Lawrence Papaleo
Lic: Associate Real Estate Broker