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    189-199 Lake Ave Rochester, NY 14608

    Sponsored
    For Sale
    $1,825,000

    MULTI_FAMILY - Rochester, NY

    Property size:
    18,540 SF
    Lot size:
    0.39 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 189-199 Lake Ave

    General Information

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

    Utilities

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

    Building Details

    Year built
    1935
    Floors in Building
    4
    Number of units
    26
    Flooring type
    Varies, Hardwood, Tile
    Building materials
    Brick, CopperPlumbing
    Roof type
    Rubber, Flat, Membrane

    RE/MAX Realty Group (585) 248-0250 [email protected]

    Listing agent Colleen M. Bracci (585) 719-3500 License #30BR1133356

    Listing date Dec 18, 2025

    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.

    Overview

    Rochester Multifamily Investment Opportunity

    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. Currently, 5 units are vacant, but applicants are ready to move in once make-ready is complete. Recent updates include a silver-sealed roof installed 4 years ago and replacement windows in most units. Surveillance cameras are installed and monitored by management, and 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. The property size is 18540 square feet and the lot size is 0.39 acres. Seller may consider financing with 50% down, 8% interest over 30 yrs with balloon in five years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.626292
    Latitude
    43.167965

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    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 Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - Well-maintained 26-unit brick building featuring a mix of studio and one-bedroom apartments.; - Potential for immediate income - applicants ready to move in once 5 vacant units are prepared.; - Recent updates include a silver-sealed roof (4 years ago) and replacement windows in most units.
    (585) 719-3566
    Request Owner's contact information
    189-199 Lake Ave Rochester, NY 14608
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    Rochester, NY 14608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    189-199 Lake Ave Rochester, NY 14608
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