Converted Residential Building For
70 Cooper Rd Irondequoit, NY 14617
70 Cooper Rd, Irondequoit, NY, 14617
$324,900
Pending
For Sale
$324,900
Pending
2,000+ sq ft converted residential building suitable for various businesses.
Property Size2,000 SF
Days on Market86
Property Features for 70 Cooper Rd
General Information
- Standard status
- Pending
- Size
- 2,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency
RE/MAX Realty Group
(585) 797-5555
Listed by
Todd H Stanzel · License #10401298434
(585) 797-5555
Source
Elliman
Added: Apr 24 Checked: Jul 17 at 5:57 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Group
Investment Insights
Based on property information with market context.
This 2,000+ square foot building, zoned as converted Residential, offers a versatile space suitable for various small businesses. A permitted use variance allows for a range of operations, including photography, tax preparation, insurance, and accounting services. Previously used as a floral shop and photography studio, the building features a welcoming atmosphere with multiple private rooms, a kitchen, and ample natural light. The layout is designed for easy navigation for both clients and staff. Features include off-street parking, great street visibility, a conference room, and a private outdoor patio. The roof was replaced in 2011, the lower level furnace and AC were replaced in 2016, and the upper-level furnace and AC are new. The property is move-in ready and offers flexibility for customization. The bike score is 51, indicating it is bikeable, the walk score is 65, indicating it is somewhat walkable, and the transit score is 36, indicating some transit options are available.
Key Highlights
- Permitted use variance allows for a wide range of business types.
- Move‑in ready condition with a flexible layout.
- New upper‑level furnace and AC, plus relatively recent lower‑level furnace and AC replacement, and roof replacement.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $24.00 |
| − Vacancy | −$9.6k | −$4.82 |
| EGI | $38.4k | $19.18 |
| − OpEx | −$9.6k | −$4.79 |
| NOI | $28.8k | $14.38 |
2,000 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$410.9K
$359.6K – $479.4K
NOI $28,764 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.9K
$479.4K – $639.2K
NOI $38,352 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Direct2Market Digital Media ...
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 2,000+ sq ft converted residential building suitable for various businesses.
Where is this office units located?
The property is located at 70 Cooper Rd Irondequoit, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Permitted use variance allows for a wide range of business types.; Move‑in ready condition with a flexible layout.; New upper‑level furnace and AC, plus relatively recent lower‑level furnace and AC replacement, and roof replacement.
