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Modernized Apartment Building
For Sale
$3,950,000

49 Stone Street, Rochester, NY 14604

CommercialSale, Rochester, NY

Property Size39,831 SF
Lot Size0.23 Acres
Price / SF$99.17
Days on Market189

Property Features for 49 Stone Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning GCD-URD/CC
Zoning description Business
Rooms Basement
Parking 3
Parking features Offsite
Accessibility Accessible Approach with Ramp
Subdivision E Ely Subn
Lot features Rectangular, Rectangular Lot
Elementary school district Rochester
Middle school district Rochester
High school district Rochester
Directions Stone Street is located between East Main and East Broad street, adjacent to the South Ave. Garage.
Standard status Active
APN 261400-121-230-0002-027-001-0000
Size 39,831 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 28169

Utilities

Sewer type Public Sewer
Water source Public

Amenities

rooftop deck with dog park
secure access system
surveillance cameras
in-unit washer and dryer

Building Details

Year built 1900
Floors in Building 4
Number of units 21
Flooring type Varies, Hardwood, Linoleum, Vinyl, Carpet
Building materials Brick, Block, Concrete
Roof type Flat, Asphalt
Listing Agency: Empire Realty Group
Listed By: Thomas G. Lockwood · License #30LO0935938
Added: Mar 9 Changed: Sep 12 Last Checked: Sep 13 at 9:06PM
MLS# R1665308

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 apartment building offers 39,831 square feet of residential space within a brick, block, and concrete structure originally built in 1900. A comprehensive redevelopment completed in 2020 upgraded the mechanical, electrical, and plumbing systems, life-safety features, and common areas. The units feature loft-inspired details, exposed HVAC ductwork, contract ceilings, granite countertops, contemporary cabinetry, stainless steel appliances, and a combination of hardwood and luxury flooring. Every unit includes an in-unit washer and dryer.

Resident amenities include secure building access, surveillance cameras, and an open-air rooftop deck with a dedicated dog park. The property is served by public water and public sewer, includes an accessible approach with ramp, and has offsite parking. The site encompasses 0.2334 acres and is zoned GCD-URD/CC in Rochester, NY.

Key Highlights

  • 39,831‑square‑foot apartment building on 0.2334 acres
  • Comprehensive redevelopment completed in 2020
  • Units include granite countertops, stainless steel appliances, and in‑unit washers and dryers

Property Analytics

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Current Use

49 Stone Street Apartment Building Youth Employment Services Employment Agency

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Butcher Veterinary Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,853
Businesses Nearby

Demographics for 14604, NY

3,138
Population
2,367
Households
1.3
Avg Household Size
39
Median Age
62%
College-Educated
94%
High-School Grad
0.3 sq mi
ZIP Area
10,460
Density / Sq Mi
$63,672
Median Household Income
$62,935
Median Earnings
$1,253
Median Rent
$705,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Redeveloped multifamily property with loft-style interiors, in-unit laundry, secure entry, and a rooftop deck with dog park.
Where is this apartment building located?
The property is located at 49 Stone Street Rochester, NY.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 39,831‑square‑foot apartment building on 0.2334 acres; Comprehensive redevelopment completed in 2020; Units include granite countertops, stainless steel appliances, and in‑unit washers and dryers
More about this property
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