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Duplex with Separate Living Units
New
For Sale
$249,900

1088 Long Pond Road, Rochester, NY 14626

Residential, Rochester, NY

Property Size2,082 SF
Lot Size0.68 Acres
Price / SF$120.03
Days on Market2

Property Features for 1088 Long Pond Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential 2 Unit
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Basement, Bathroom 1
Parking features Garage
Interior features SlidingGlassDoors
Appliances GasWaterHeater
Subdivision First Add
Lot features Near Public Transit, Rectangular, Rectangular Lot
Elementary school district Greece
Middle school district Greece
High school district Greece
Standard status Active
APN 262800-059-030-0005-036-000
Size 2,082 SF
Lot size 0.68 Acres

Taxes and HOA fees

Tax Annual Amount 7624

Utilities

Heating system Baseboard, Natural Gas
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 2
Flooring type Tile, Vinyl, Varies
Building materials VinylSiding
Roof type Metal
Architectural style Other
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: Lorraine K. Kane · License #10401341149
Added: Oct 19 Changed: Oct 20 Last Checked: Oct 20 at 7:06AM
MLS# R1719579

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.

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Investment Insights

Based on property information with market context.

This duplex contains two separate units totaling 2,082 square feet. The larger apartment has three bedrooms and one full bath and is occupied by tenants on a month-to-month lease. The second unit has one bedroom and one full bath and is vacant. Interior features include tile and vinyl flooring, baseboard heat, and a gas water heater; parking includes a garage.

The 0.68-acre parcel includes a backyard with a creek along its rear boundary. Exterior improvements include vinyl siding and a metal roof, and the property was built in 1952.

Key Highlights

  • Two units: one with 3 bedrooms and 1 full bath, the other with 1 bedroom and 1 full bath
  • 2,082 square feet of building area
  • 0.68‑acre parcel with a creek along the rear of the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,358
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,160 $427.2K
Cap Rate 7%
$305,114 $305.1K
Cap Rate 9%
$237,311 $237.3K
Market Conditions
NOI Build-Up for 2,082 SF
Gross rent
$41.2K $19.80/SF
− Vacancy
−$2.4K −$1.15/SF
EGI
$38.8K $18.65/SF
− OpEx
−$17.5K −$8.39/SF
NOI
$21.4K $10.26/SF
Area
Rochester, NY
Vacancy
5.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,160
Cap Rate 7%
$305,114
Cap Rate 9%
$237,311

Alternative Uses

Best Use
Multifamily LT 5
$342.3K
$299.5K – $399.4K (±1% cap)
NOI $23,961 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$305.1K
$267.0K – $356.0K (±1% cap)
NOI $21,358 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$570.3K
$499.1K – $665.4K (±1% cap)
NOI $39,924 @ 7.0% cap · market cap 15.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 14626, NY

30,032
Population
13,717
Households
2.2
Avg Household Size
47
Median Age
32%
College-Educated
91%
High-School Grad
13.4 sq mi
ZIP Area
2,241
Density / Sq Mi
$78,785
Median Household Income
$47,479
Median Earnings
$1,206
Median Rent
$185,300
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

Frequently Asked Questions

What type of property is this?
Duplex - A two-unit property combines flexible occupancy with exterior updates and a substantial backyard.
Where is this duplex located?
The property is located at 1088 Long Pond Road Rochester, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two units: one with 3 bedrooms and 1 full bath, the other with 1 bedroom and 1 full bath; 2,082 square feet of building area; 0.68‑acre parcel with a creek along the rear of the property
More about this property
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