CBRE Upstate NY has been retained as the exclusive broker for the sale of Empire Boulevard Estates, a 101-unit multifamily property in suburban Rochester, New York. The property is located in the Town of Penfield, an affluent bedroom community offering convenient access to numerous local amenities and employment centers. The community is also one of the fastest growing and most attractive locations for new apartments in the metro area. Empire Boulevard Estates is undergoing a complete renovation from its former use as a nursing home with occupancy scheduled to begin in early Q4 2025. In addition to the units described above, a 7.4 acre expansion parcel is also included in the offering. This parcel is currently master planned to include 140 “Build-to-Rent“ townhouse and patio home units.