640 Park Pl, Niagara Falls, NY, 14301
About This Home
Welcome to a truly one-of-a-kind opportunity in the heart of Niagara Falls! Just steps from Niagara Falls State Park, this gorgeous property sits within the city’s designated Airbnb district, making it an investor’s dream or the perfect canvas for a charming bed and breakfast. The home features multiple bedrooms, beautifully updated bathrooms, and modern upgrades throughout, all while preserving the majestic original woodwork that gives the home its timeless character. With updated electrical and thoughtful improvements, it blends old-world charm with modern convenience. Even better, the property includes an additional lot at 628 Park Place, providing rare, private parking, a huge advantage for both guests and owners. And the best part? You’re just minutes from Main Street, an area slated for exciting redevelopment in the coming years, positioning this property for incredible future potential. Whether you’re envisioning a short-term rental hotspot, a boutique bed and breakfast, or a stunning home steps from the Falls, 640 Park Place offers it all, location, character, and opportunity.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Resale
- Year built: 1910
Materials
- Foundation: Stone
- Roof: Architectural,Shingle
- Construction materials: Brick,Stone
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Features
- Ceiling Fan(s),Natural Woodwork
- Flooring: Carpet,Ceramic Tile,Hardwood,Laminate,Varies
- Number of fireplaces: 2
- Fireplace: Yes
Heating & Cooling
- Heating features: Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 6,048
- Total interior livable area: 6,048 sqft
Property
Details
- Parcel number: 2911001590210001011000
- Zoning description: Residential Multi Use
- Special condition: Standard
Features
- Patio & porch: Balcony,Patio
- Exterior features: Balcony,Patio
Lot
- Lot size: 8,712 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 66 x 132
Parking
- Total spaces: 1
- Parking features: Paved
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Niagara County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,895 | $22,740 |
| Home Insurance * | $405 | $4,860 |
| Property Taxes | $540 | $6,480 |
| Electricity | $999 | $11,993 |
| Total | $3,839 | $46,068 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Price change | $374,900 |
| 2026-02-09 | Price change | $469,900 |
| 2025-12-30 | Price change | $475,000 |
| 2025-11-21 | Price change | $479,000 |
| 2025-10-28 | Price change | $479,500 |
| 2025-10-10 | Listed for sale | $479,900 |
| 2022-11-18 | Sold | $335,000 |
| 2022-11-08 | Pending sale | $349,900 |
| 2022-11-08 | Listed for sale | $349,900 |
| 2022-10-01 | Listing removed | -- |
| 2022-07-09 | Contingent | $349,900 |
| 2022-06-27 | Pending sale | $349,900 |
| 2022-04-04 | Listed for sale | $349,900 |
| 2022-03-31 | Listing removed | -- |
| 2022-01-31 | Listed for sale | $349,900 |
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