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2501 Pine Ave, Niagara Falls, NY, 14301

3beds
2baths
4,175sqft
$340,000
$81price/sqft
$3,265/moest. monthly cost
$130,600/yrincome needed

About This Home

Prime mixed-use opportunity in the heart of Niagara Falls! This corner brick building offers incredible visibility and versatility for both investors and business owners. The first floor features a fully equipped restaurant space with three commercial hoods and a walk-in cooler—perfect for a pizza shop, restaurant, or any food concept. Turnkey setup allows you to bring your vision and start operating right away. The second floor includes two residential units: one 1-bedroom apartment and one 2-bedroom apartment, providing strong additional income potential. Situated on a desirable corner lot, the property also offers ample parking with space for 8+ vehicles—an added convenience for customers and tenants alike. Ideal for owner-operators or investors seeking a high-traffic location with multiple income streams. Don’t miss this opportunity to own a prime mixed-use property in a growing area! THIS PROPERTY IS ALSO LISTED AS A COMMERCIAL MLS:B1677004

Getting Around

81
WalkingVery Walkable
30
TransitSome Transit
63
BikeBikeable

Schools

--
4/10
3/10
Niagara Falls High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1930

Materials

  • Construction materials: Brick,Other,See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Other,See Remarks

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 4,175
  • Total interior livable area: 4,175 sqft

Property

Details

  • Parcel number: 2911001590260001007001
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,435 sqft
  • Features: Other,Near Public Transit,Rectangular,Rectangular Lot,Residential Lot,See Remarks
  • Lot size dimensions: 29 x 84

Parking

  • Parking features: Other,See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters in Niagara County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,719$20,628
Home Insurance *$367$4,404
Property Taxes $490$5,880
Electricity $689$8,279
Total$3,265$39,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,942/yr
40% on housing$97,950/yr
45% on housing$87,066/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.6%
1.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 14301$81
Niagara County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 14301$99
Niagara County$162

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-02Listed for sale$350,000
2025-01-30Listing removed$275,000
2024-07-29Listed for sale$275,000
2024-07-20Listing removed--
2024-07-01Price change$274,900
2024-05-11Listed for sale$299,900
2024-05-10Listing removed$299,900
2024-01-27Listed for sale$299,900
1997-09-30Sold$85,000

For Sale by Agent

AgentAwais Rehman
BrokerageRed Door Real Estate WNY LLC

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