The Verrazzano on 3rd 531 3rd St 10 Unit Apartment Building $1,371,607 CAD ($137,161 CAD/Unit) 10% Cap Rate Niagara Falls, NY 14301

Arista Development is pleased to present an opportunity to acquire the Verrazano, a newly remodeled mixed-use building in the heart of the Niagara Falls Renaissance. The property features first floor retail units available for lease as well as ten apartments located on the upper levels. Residents will be drawn by the new granite countertops, handmade cabinetry, cityscape views from historical windows, and a security system with mobile monitoring. In proximity to multiple points of interest in all directions, the Verrazano is less than a mile to Niagara Gorge as well as the Rainbow Bridge, which provides access to Ontario, and is at the epicenter of the area’s entertainment and nightlife. For residents looking to try their hand at poker or other games of chance, Seneca Niagara Casino is a brief eight-minute walk to the building as are a multitude of high-end and casual dining options such as Rainforest Café. A convenient 14-minute drive connects 529 – 531 3rd Street to the Niagara Falls International Airport and the closest I-190 on-ramp is within 10 minutes, providing access south and east throughout New York. Those looking to escape into greenery are steps from the Niagara River and less than a five-minute drive to Goat Island which provides a picturesque backdrop for photo ops. The Verrazano is primed and ready to be the latest addition in the astute investor’s portfolio.