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Cash-Flowing 18-Unit Portfolio
For Sale
Contact for pricing

1040 Bay St, Rochester, NY 14609

Professionally managed 18-unit portfolio offered for sale with a stated annual rent roll of $146,000.

Property SizeContact for details
Days on Market145

Property Features for 1040 Bay St

General Information

Standard status Active
Property subtype Multifamily

Financials

Cap Rate 10.1%
Business Included Yes

Additional Details

Multifamily Units 18
Listing Agency: Upstate New York Real Estate Services LLC
Listed By: Shane Hirt · License #NY 10491205373
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:57AM

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 Upstate New York Real Estate Services LLC

Investment Insights

Based on property information with market context.

Offered for sale is a cash-flowing 18-unit portfolio in Rochester, NY. The portfolio is described as professionally managed and is presented as a single offering that “will not break out” into separate properties.

The seller provides a stated annual rent roll of $146,000 and a 10.1 cap rate. Interested parties can email for a breakdown of the individual properties included in the portfolio.

The owner is a licensed broker/agent. Please note that the public remarks do not provide unit mix, building details, or financing terms beyond the stated rent roll and cap rate.

Key Highlights

  • 18‑unit rental portfolio in Rochester, NY
  • Stated annual rent roll of $146,000
  • Stated 10.1 cap rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Cafe & Coffee Shop Accounting Firm

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

Lease Details

18
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 14609, NY

41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
Median Home Value

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 - Professionally managed 18-unit portfolio offered for sale with a stated annual rent roll of $146,000.
Where is this apartment building located?
The property is located at 1040 Bay St Rochester, NY.
What are key features of this property?
This property features: 18‑unit rental portfolio in Rochester, NY; Stated annual rent roll of $146,000; Stated 10.1 cap rate
More about this property
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