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7-Unit Apartment Building
New
For Sale
$699,900

221 S Goodman St, Rochester, NY 14607

Fully leased multifamily property with off-street parking and a separate carriage house apartment.

Property Size8,345 SF
Days on Market4

Property Features for 221 S Goodman St

General Information

Standard status Active
Size 8,345 SF
Property subtype Investment
Occupancy 100%

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $14,415

Building Details

Building Size 8,345 SF
Year Built 1920
Buildings 2
Stories 2
Units 7
Listed By: Mark J. Palazzo
Source: Elliman
Added: Sep 1 Last Checked: Sep 2 at 7:57PM

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 Mark J. Palazzo

Investment Insights

Based on property information with market context.

Built in 1920, this multifamily property contains seven apartments arranged between a primary building and a separate carriage house. Six residences are located in the main structure, while the carriage house provides an additional apartment. All units are rented with leases in place, and off-street parking serves the property.

The property is located at 221 S Goodman St in Rochester’s Park Avenue neighborhood. Walk Score is 91, Bike Score is 77, and Transit Score is 52, reflecting access to walking, bicycling, and public transportation options. Showings require 48 hours’ notice, with proof of funds and a commercial lender’s bank term sheet required before scheduling.

Key Highlights

  • Seven apartments across a main building and carriage house
  • Fully rented with leases in place
  • Built in 1920

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Locksmith Dental Office Butcher

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

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,588
Businesses Nearby

Demographics for 14607, NY

16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
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 - Fully leased multifamily property with off-street parking and a separate carriage house apartment.
Where is this apartment building located?
The property is located at 221 S Goodman St Rochester, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Seven apartments across a main building and carriage house; Fully rented with leases in place; Built in 1920
More about this property
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