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600 East Ave
Rochester, NY 14607

Multifamily Property For Sale · 14 Units

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.66 AC
Building Size 34,957 SF
Average Occupancy 100%
No. Stories 4
Year Built 2017
Parking Ratio 0.97/1,000 SF

ABOUT 600 EAST AVE , ROCHESTER, NY 14607

• Luxury mixed-use development in Rochester, New York’s trendy East End arts and entertainment district • 2018 construction • 34,957 square feet • 100% occupied • 11 multifamily units and two commercial spaces leased to Canandaigua National Bank and Royal Oak Real Estate Investment Trust • Both below grade parking and surface parking • Access to the iconic Strahallan Hotel - located across the street, tenants have access to the hotel pool, fitness center, spa and valet services • Long term tenant leases - apartment leases were signed with 3 to 5-year initial terms and commercial leases have 5-10 years • Luxury 1 and 2-bedroom apartments - three one-bedroom units and eight two-bedroom units from 980 to 1,700 square feet • NOI = $477,468

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 - 980 - 1,030
2+2 8 - 1,120 - 1,700

ZONING

Zoning Code MF
  • Listing ID: 18740725

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 600 East Ave, Rochester, NY 14607