Accessible Professional Office
For Sale
Contact for pricing
Pending
144 Court Street, Geneseo, NY 14454
Configured with reception, meeting rooms, restrooms, and a staff break area.
Property Size1,850 SF
Days on Market83
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Property Features for 144 Court Street
General Information
Standard status
Pending
Size
1,850 SF
Amenities
central air
natural gas heat
high speed internet
Listing Agency:
AB Cole Real Estate, Inc.
Listed By:
Ann M. Jones · License #10401389108
(585) 243-2643
Source:
Nicholcityrealty
Added: Jul 25
Changed: Oct 12
Last Checked: Oct 14 at 10:44PM
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 AB Cole Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 1,850-square-foot office unit includes a reception area, several rooms for client meetings, two bathrooms, and a break room. The layout previously served as a medical professional office and includes handicapped accessibility. Central air conditioning, natural gas heat, and high-speed internet support day-to-day operations.
Located at 144 Court Street in Geneseo, New York, the property is suited to professional office use with an established interior configuration. Snow removal, garbage service, and water are identified as landlord-paid items.
Located at 144 Court Street in Geneseo, New York, the property is suited to professional office use with an established interior configuration. Snow removal, garbage service, and water are identified as landlord-paid items.
Key Highlights
- 1,850‑square‑foot office unit
- Reception area plus multiple client meeting rooms
- Two bathrooms and a dedicated break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,607
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,140
$532.1K
Cap Rate 7%
$380,100
$380.1K
Cap Rate 9%
$295,633
$295.6K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$44.4K $24.00/SF
− Vacancy
−$8.9K −$4.82/SF
EGI
$35.5K $19.18/SF
− OpEx
−$8.9K −$4.79/SF
NOI
$26.6K $14.38/SF
Area
Livingston County, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,140
Cap Rate 7%
$380,100
Cap Rate 9%
$295,633
Alternative Uses
Best Use
Office B
$380.1K
$332.6K – $443.5K
NOI $26,607 @ 7.0% cap · market cap 1,612.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.8K
$443.5K – $591.3K
NOI $35,476 @ 7.0% cap · market cap 2,150.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 14454, NY
10,759
Population
3,937
Households
2.7
Avg Household Size
28
Median Age
50%
College-Educated
95%
High-School Grad
47.6 sq mi
ZIP Area
226
Density / Sq Mi
$66,629
Median Household Income
$12,055
Median Earnings
$1,000
Median Rent
$217,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Configured with reception, meeting rooms, restrooms, and a staff break area.
Where is this office units located?
The property is located at 144 Court Street Geneseo, NY.
What are key features of this property?
This property features: 1,850‑square‑foot office unit; Reception area plus multiple client meeting rooms; Two bathrooms and a dedicated break room
