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Rochester Multifamily Investment Opportunity

189-199 Lake Avenue Rochester, NY 14608

189-199 Lake Avenue, Rochester, NY, 14608
$1,700,000
Pending
For Sale
$1,700,000
Pending

MULTI_FAMILY - Rochester, NY

Property Size18,540 SF
Lot Size0.39 Acres
Days on Market296

Property Features for 189-199 Lake Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
26
Rooms
Bedroom 2, Bedroom 17, Bedroom 25, Bedroom 26, Bedroom 15, Bedroom 12, Bedroom 24, Bedroom 8, Bedroom 19, Bedroom 11, Bedroom 16, Bedroom 23, Bedroom 18, Bedroom 3, Bedroom 9, Bedroom 22, Bedroom 7, Bedroom 21, Basement, Bedroom 10, Bedroom 20, Bedroom 5, Bedroom 4, Bedroom 14, Bedroom 6, Bedroom 1, Bedroom 13
Parking features
Garage, Driveway
Security features
Security
Exterior features
BlacktopDriveway
Appliances
GasWaterHeater
Standard status
Pending
APN
261400-105-600-0001-011-003-0000
Size
18,540 SF
Lot size
0.39 Acres

Taxes and HOA fees

Tax Annual Amount
35293

Utilities

Heating system
Hot Water(Heating), Natural Gas, Baseboard
Water source
Public

Building Details

Year built
1935
Floors in Building
4
Number of units
26
Flooring type
Tile, Hardwood, Varies
Building materials
Brick, CopperPlumbing
Roof type
Membrane, Flat, Rubber
Listing Agency RE/MAX Realty Group
101 Canal Landing Blvd Suite One Suite One, Pittsford, NY
Listed by Colleen M. Bracci · License #30BR1133356
Added: Sep 26, 2025 Checked: Jul 18 at 7:06 pm
MLS# R1635659 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained brick building in Rochester, NY, features 26 units, comprising 15 studios and 11 one-bedroom apartments. Twenty-three units have private bathrooms, while 3 units share 2 bathrooms and a shower across the hall. The property has been cared for with recent updates, including a silver-sealed roof installed 4 years ago and replacement windows in most units. Surveillance cameras are installed and monitored by management. Mailboxes are conveniently located in the front foyer. All building materials in storage will transfer with the property (tools excluded). Parking and dumpster service are shared with building 205, providing additional convenience for tenants. The property lot size is 0.39 acres and the building size is 18,540 square feet. Currently, 5 units are vacant, but applicants are ready to move in once make-ready is complete. Seller may consider financing with 50% down, 8% interest over 30 yrs with balloon in five years.

Key Highlights

  • Brick building built in 1935 with 26 units: 15 studios and 11 one‑bedroom apartments
  • Unit bathroom layout: 23 units have private bathrooms; 3 units share 2 bathrooms and a shower in the hall
  • 5 units currently vacant; applicants are ready to move in after make‑ready is complete

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Spa & Massage Center Veterinary Clinic Locksmith Electrical Service Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 26-unit building with recent updates and income potential.
Where is this apartment building located?
The property is located at 189-199 Lake Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Brick building built in 1935 with 26 units: 15 studios and 11 one‑bedroom apartments; Unit bathroom layout: 23 units have private bathrooms; 3 units share 2 bathrooms and a shower in the hall; 5 units currently vacant; applicants are ready to move in after make‑ready is complete
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