Mixed-Use Property with
New
For Sale
$475,000
1274 Dewey Avenue, Rochester, NY 14613
Two retail storefronts share the building with rented residential apartments.
Property Size3,858 SF
Days on Market4
Property Features for 1274 Dewey Avenue
General Information
Standard status
Active
Size
3,858 SF
Property subtype
Business
Occupancy
100%
Additional Details
Gross Income
$75,000
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,882
Building Details
Building Size
3,858 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Howard Hanna
Listed By:
Courtney Crandall · License #10301224052
(607) 725-0337
Source:
Griffith-realty
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:01PM
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 Howard Hanna
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Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use building contains two storefronts alongside residential apartments. The property is fully occupied, with the apartments rented. Building updates include boilers, radiators, and an electrical panel installed in October 2026.
The property is in Rochester and has access to public transportation.
The property is in Rochester and has access to public transportation.
Key Highlights
- Two storefronts paired with residential apartments
- Fully occupied, with the residential apartments rented
- Boilers and radiators installed in October 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,577
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,540
$791.5K
Cap Rate 7%
$565,386
$565.4K
Cap Rate 9%
$439,744
$439.7K
Market Conditions
NOI Build-Up for 3,858 SF
Gross rent
$76.4K $19.80/SF
− Vacancy
−$4.4K −$1.15/SF
EGI
$72.0K $18.65/SF
− OpEx
−$32.4K −$8.39/SF
NOI
$39.6K $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%
$791,540
Cap Rate 7%
$565,386
Cap Rate 9%
$439,744
Alternative Uses
Best Use
Retail
$747.5K
$654.1K – $872.1K
NOI $52,325 @ 7.0% cap · market cap 11.02%
Second Best
Mixed Use
$669.6K
$585.9K – $781.3K
NOI $46,875 @ 7.0% cap · market cap 9.87%
Theoretical Best
Office A
$1.06M
$924.8K – $1.23M
NOI $73,981 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 14613, NY
14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two retail storefronts share the building with rented residential apartments.
Where is this mixed-use property located?
The property is located at 1274 Dewey Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two storefronts paired with residential apartments; Fully occupied, with the residential apartments rented; Boilers and radiators installed in October 2026
