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31531457
31531458

70 Greco Ln, Dunkirk, NY 14048 For Sale

Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Cushman & Wakefield Pyramid Brokerage Company Syracuse
LI
NY 10401368733
Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Listed by Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York, Cushman & Wakefield Pyramid Brokerage Company Syracuse
$5,500,000
102 days on market
Updated 102 days ago
Opportunity zone

Porter Manor

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 60,000
Units 60
Cap Rate 8.49%
NOI $467,044
Occupancy 100%
Price per SqFt $92
Class B
Year Built 1967
Buildings 5
Acreage 4.630
Zoning R1
Investment Type Stabilized

60-Unit Value Add Apartment Complex

Marketing description

As exclusive agent, Cushman & Wakefield | Pyramid Brokerage Company is pleased to present Porter Manor for sale. The Property is a 15-building, 60-unit apartment complex situated on 4.63 acres at 70 Greco Lane in Dunkirk, New York.

Porter Manor is ideally located in the Dunkirk–Fredonia corridor, a well-established residential area known for its accessibility, strong community presence, and proximity to key regional drivers. The Property is just minutes from the State University of New York at Fredonia, a major economic and cultural anchor supporting consistent rental demand from students, faculty, and staff. The surrounding area benefits from a mix of local employers, retail amenities, and neighborhood services, contributing to long-term stability and appeal. Additionally, the Property offers convenient access to the New York State Thruway, providing connectivity to Buffalo and the broader Western New York region.

Porter Manor has historically maintained strong occupancy, supported by a diverse tenant base and a maintenance-inclusive living model that encourages tenant retention and predictable cash flow. As one of the larger multifamily assets in the immediate submarket, the Property offers operational scale and a meaningful presence in a market characterized by limited new supply.

The Property features spacious two-bedroom units averaging approximately 1,079 square feet, designed with functional, house-like layouts. These larger floor plans appeal to a broad tenant base—including roommates, families, and residents seeking additional space—supporting consistent leasing demand and long-term rent stability.

Please reach out directly for the OM and financials.

Investment highlights

  • High Occupancy and Stability
  • Spacious In-Demand Layouts
  • Market Scale

Listing Contacts

Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Cushman & Wakefield Pyramid Brokerage Company Syracuse
LI
NY 10401368733
Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Listed by Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York, Cushman & Wakefield Pyramid Brokerage Company Syracuse

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$467,044.00
$38,920.33/mo

Valuation Metrics

0
DSCR
8.49%
Cap Rate
8.49%
ROI

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Additional Information

Name
Robert Stewart
License
0000
Brokerage Phone
7168527500
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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