49 Stone St - Apartments FOR SALE


Rochester, NY 14604- Downtown Rochester
$4,900,000 USD
585-737-4055
49 Stone St, Rochester, NY for Sale
$4,900,000 USD
Apartments - FOR SALE
1/16
null | 2.99% Cap Rate

49 Stone St
Rochester, NY 14604
Downtown Rochester


HIGHLIGHTS

  • Total renovation in 2020
  • Fully Renovated in 2020 - all mechanicals, electrical and plumbing, life safety and interior finishes.
  • Open-air rooftop deck and a view of the city, with a dog park, secure building access

OVERVIEW

This Offering Memorandum has been prepared by Empire Commercial and Empire Realty Group (collectively, "Co-Brokers") Fully Renovated in 2020 - all mechanicals, electrical and plumbing, life safety and interior finishes. 90.9% occupied Institutional-Quality Finishes - exposed HVAC ductwork, in-unit washer/dryer Open-air rooftop deck with dog park, secure building access

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

21

PRICE/UNIT

$233,333

CAP RATE

2.99%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

49 Stone Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CBD

APN/PARCEL ID

261400-121-230-0002-027-000-0000

ASK ABOUT THIS PROPERTY

Tom LockwoodEmpire Realty Group Commercial DivisionMore Info
585-737-4055

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Tom LockwoodEmpire Realty Group Commercial DivisionMore Info
585-737-4055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.