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

    244 Driving Park Ave Rochester, NY 14613

    For Sale
    $389,000

    Eleven-unit building with studios and rented rooms in Rochester, NY.

    Lot size:
    0.12 Acres

    Property Features for 244 Driving Park Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1920

    Source: Rich Realty Agent Mark J. Palazzo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rochester Multifamily Investment Opportunity

    Located at 244 Driving Park Avenue, Rochester, NY 14613, this property features 11 units, including 6 studio apartments and 5 long-term rented rooms. Each unit has a bathroom, and the studios also include kitchens. Constructed in 1920, the building spans 5,720 square feet. On-site laundry facilities are available. A new roof was installed in 2021. The property has a mix of government-assisted and cash tenants, presenting a solid investment opportunity. The Certificate of Occupancy is current until March 2028 and transfers to the new owner. The building has separate utilities.
    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 Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6365207
    Latitude
    43.1811542

    Nearby Similar for Sale

    • $1,099,000
      Pending

      Park Avenue Duplex: Elegant City Living

      Luxury duplex in Rochester's prestigious Park Avenue neighborhood.
      148 Barrington St, Rochester, NY 14607
      View Details
    • $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
    • $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

    FAQs

    What type of property is this?
    Apartment building - Eleven-unit building with studios and rented rooms in Rochester, NY.
    Where is this apartment building located?
    The property is located at 244 Driving Park Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Solid investment opportunity with a mix of government-assisted and cash tenants.; - 11 units: 6 studio apartments (with kitchens and bathrooms) and 5 long-term rented rooms (with bathrooms).; - Current Certificate of Occupancy until March 2028, transferable to the new owner.
    (585) 259-4050
    Request Owner's contact information
    244 Driving Park Ave Rochester, NY 14613
    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.
    244 Driving Park Ave
    Rochester, NY 14613
    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
    244 Driving Park Ave Rochester, NY 14613
    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.