Multifamily Housing - For Sale
939 Sohn Alloway Road Lyons, NY 14489
Details & Description
Price: $3,700,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 18.110
  • Building Sq Ft 44,920
  • Building Price per Sq Ft $82.37
  • Land Sq Ft 788,871
  • Land Price per Sq Ft $4.69
  • CAP Rate % 7.40
As exclusive agent Cushman & Wakefield/Pyramid Brokerage Company is pleased to present for sale The Lewiston at Sohn-Alloway: a five (5) building 30-unit luxury garden-style apartment complex located at 947 Sohn Alloway Road in the Town of Lyons New York (the Property). The site also includes 46 additional zoning approved potential units that can be constructed by the new owner if decided. This complex offers market rate modern and attractive one-story garden-style apartments in a suburban setting with easy access to major shopping business health-care and entertainment facilities. All units of the property are up to date and well maintained by a professional well known and established ownership group. There is little or no deferred maintenance.
Listing Agents
Jonathan Weinstein

O: 315-445-8508
M: 315-720-5270
jweinstein@pyramidbrokerage.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

939 Sohn Alloway Road

Lyons, NY 14489

Listing ID: 268421
Property No Longer Listed
  • Property Type Multifamily for Sale
  • Lot Size Acres 18.110
  • Building Sq Ft 44,920
  • Building Price per Sq Ft $82.37
  • Land Sq Ft 788,871
  • Land Price per Sq Ft $4.69
  • CAP Rate % 7.40
939 Sohn Alloway Road Lyons, NY 14489 | for Sale | Photo 1
Description
As exclusive agent Cushman & Wakefield/Pyramid Brokerage Company is pleased to present for sale The Lewiston at Sohn-Alloway: a five (5) building 30-unit luxury garden-style apartment complex located at 947 Sohn Alloway Road in the Town of Lyons New York (the Property). The site also includes 46 additional zoning approved potential units that can be constructed by the new owner if decided. This complex offers market rate modern and attractive one-story garden-style apartments in a suburban setting with easy access to major shopping business health-care and entertainment facilities. All units of the property are up to date and well maintained by a professional well known and established ownership group. There is little or no deferred maintenance.
Attachments & Files

Lyons Area Market Trends

Listing Demographics for 939 Sohn Alloway Road Lyons, NY 14489

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population9275,22510,290
Population Median Age384141
Population by Age0-9 Yrs91 (9%)489 (9%)1157 (11%)
10-19 Yrs195 (21%)875 (16%)1592 (15%)
20-29 Yrs149 (16%)556 (10%)1095 (10%)
30-39 Yrs66 (7%)474 (9%)990 (9%)
40-49 Yrs95 (10%)724 (13%)1299 (12%)
50-59 Yrs110 (11%)715 (13%)1404 (13%)
60-69 Yrs70 (7%)677 (12%)1400 (13%)
70+ Yrs150 (16%)714 (13%)1354 (13%)
Median HH Income$58,214$52,198$50,704
Total Household Income< 24K108 (30%)511 (25%)983 (25%)
25-49K38 (10%)453 (22%)944 (24%)
50-74K73 (20%)433 (21%)772 (19%)
75-99K87 (24%)318 (15%)536 (13%)
100-199K51 (14%)317 (15%)647 (16%)
200K+0 (0%)2 (0%)26 (0%)
Highest Education LevelNo Diploma934831099
Diploma or GED22514752734
Some College526741290
Assoc. Degree121487815
Bachelors Degree59279661
Higher Degree71242433
Total Housing Units5082,4324,411
--Owner-Occupied2451,4642,797
--Renter-Occupied1125711,112
Owner-Occupied Values< 100K19310161697
100-199K26284691
200-299K1597236
300-399K32974
400-499K0421
500K+73477
Total Working Age Population7674,2658,234
In Work Force5552,6934,964
Not In Work Force2111,5723,270
Workforce Employed4482,3594,523
Workforce Unemployed107334441
Civlian Workforce5552,6934,964
Military Workforce000
Total Households3572,0363,908
Family Households2361,3062,517
Non-Family Households1217301,392
Married Couple1829411,753
Other Family54365763
Married w/Child105344640
Single Male w/Child651101
Single Female w/Child41180375

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New York18,976,457+219,378,102+420,146,131+220,604,030
Ontario County100,224+8107,931+3111,349+3114,374
Seneca County33,342+635,251-134,724-134,487
Wayne County93,765093,772-489,564-386,754

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Multifamily Housing Listings for Sale Nearby
Address Price Sq Ft Acres
2 North Exchange Street, Geneva, NY $300,000 10000 0.88
1205 Bay Road, Webster, NY $375,000 2884 -
155 Saint Paul Street, Rochester, NY CALL 114977 2
308 Case Street, Solvay, NY $189,900 1200 0.25
143 Old Liverpool Road, Galeville, NY CALL 3432 0.53
200 South Wilbur Avenue, Syracuse, NY $874,900 2700 0.25
709 Genesee Street East, Syracuse, NY $1,890,000 9036 0.4
1033 James Street, Syracuse, NY $3,500,000 57582 -
5503 West Ridge Road, Spencerport, NY $899,000 9776 4.46
139 Chestnut Street, Ithaca, NY $5,500,000 58320 3.5
Closest Commercial Airports
Airport Distance (mi)
Greater Rochester International Airport (ROC) 35
Syracuse Hancock International Airport (SYR) 45
Buffalo Niagara International Airport (BUF) 89