Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    512 Lyell Ave Rochester, NY 14606

    For Sale
    $199,900

    COMMERCIAL - Rochester, NY

    Property size:
    5,646 SF
    Lot size:
    0.15 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 512 Lyell Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
    Bedrooms
    4
    APN
    261400-105-650-0001-056-000-0000
    Parking features
    Garage
    Appliances
    GasOven, GasRange, GasWaterHeater, Refrigerator
    Size
    5,646 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Varies, Hardwood, Laminate
    Building materials
    Brick
    Roof type
    Flat

    Century 21 Turner Brokers (716) 763-7506 [email protected]

    Listing agent Gameel Omar (716) 763-7506 License #10401371901

    Listing date Nov 28, 2025

    MLS# R1652413 Listing URL

    Copyright © 2025 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

    Mixed-Use Building with Income Potential

    This property, located in Rochester, NY, is zoned C-1 Neighborhood Center and features a mixed-use building with five apartments and a commercial space. It presents an investment opportunity for both new and experienced investors. The building includes three one-bedroom apartments renting for $700 each, one two-bedroom apartment renting for $900, and one studio apartment renting for $650. The commercial space, previously used as a laundromat, is currently closed but was renting for $1200 monthly. The property also generates $1500 annually from a billboard. The owner is responsible for covering the costs of heat, water, hot water, and trash services. Tenants are responsible for their own electric and gas services. The building occupies a lot of 0.1506 acres and has a property size of 5646 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grandma Gail's Wash ... Laundromat LibertyX Bitcoin ATM Atm

    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
    -77.642611
    Latitude
    43.164966

    Nearby Similar for Sale

    • $365,000
      Pending

      Remodeled Mixed-Use Property with Flexibility

      Mixed-use property featuring remodeled units and original bake shop storefront.
      114 Field St, Rochester, NY 14620
      View Details
    • New
      $1,825,000
      18,540 SF

      Rochester Multifamily Investment Opportunity

      Well-maintained 26-unit building with recent updates and income potential.
      189-199 Lake Ave, Rochester, NY 14608
      View Details
    • $164,900
      Pending

      Upgraded Two-Family Home Investment Opportunity

      Turnkey two-family home with refined updates and dependable cash flow.
      1567 E Main St, Rochester, NY 14609
      View Details
    • $134,900
      Pending

      Upgraded Two-Family Home

      Move-in ready, renovated two-family home with income potential.
      47 Bowman St, Rochester, NY 14609
      View Details
    • $500,000
      Pending

      Rochester Investment Opportunity with Parking

      Classic architecture, updated units, great tenants in trendy Park Avenue.
      50 Rowley St, Rochester, NY 14607
      View Details
    • $199,900
      Pending

      Two-Family Home on Large Lot

      Side-by-side duplex on a private 0.62-acre lot.
      16 Beaman Rd W, Rochester, NY 14624
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five apartments and commercial space in Rochester, NY.
    Where is this apartment building located?
    The property is located at 512 Lyell Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Zoned C-1 Neighborhood Center with 5 apartments and a commercial space.; - Billboard generates $1500 annual income.; - Current rental income from apartments: 3 x 1BR ($700), 1 x 2BR ($900), 1 x Studio ($650).
    (716) 763-7506
    Request Owner's contact information
    512 Lyell Ave Rochester, NY 14606
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    512 Lyell Ave
    Rochester, NY 14606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    512 Lyell Ave Rochester, NY 14606
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.