Remodeled Office Building with
1441 Monroe Ave Rochester, NY 14618
1441 Monroe Ave, Rochester, NY, 14618
$875,000
For Sale
$875,000
Remodeled office space with reception, private offices, conference rooms, collaborative areas, and a private on-site parking lot.
Property Size3,696 SF
Price / SF$236.74
Days on Market87
Property Features for 1441 Monroe Ave
General Information
- Standard status
- Active
- Size
- 3,696 SF
Listing agency
Tru Agent Real Estate
(585) 362-6810
Listed by
Dara E. Petralia · License #10401222145
(585) 362-6810
Source
Exprealty
Added: Apr 27 Updated: Jul 21 at 3:28PM Checked: Jul 21 at 3:28PM
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 Tru Agent Real Estate
Investment Insights
Based on property information with market context.
This remodeled office building at 1441 Monroe Ave, Rochester, NY features an updated, modern interior with a welcoming reception area, private offices, conference space, and collaborative areas designed for day-to-day professional use. Expansive windows bring in natural light throughout, supporting a bright, polished work environment. The property also includes an existing drive-through configuration and a private on-site parking lot for client and staff convenience.
Public remarks describe the building as high-visibility along the Monroe Avenue corridor in Brighton, with strong frontage and accessibility. The location is noted as minutes from major highways and within walking distance to Cobbs Hill, supporting convenient regional access.
The current layout reflects efficient, real-world functionality for an organization that has outgrown the space, making the building well-suited for an owner-user or investor seeking a turnkey office option with modern finishes and flexible operations.
Public remarks describe the building as high-visibility along the Monroe Avenue corridor in Brighton, with strong frontage and accessibility. The location is noted as minutes from major highways and within walking distance to Cobbs Hill, supporting convenient regional access.
The current layout reflects efficient, real-world functionality for an organization that has outgrown the space, making the building well-suited for an owner-user or investor seeking a turnkey office option with modern finishes and flexible operations.
Key Highlights
- Remodeled office space with reception, private offices, conference rooms, and collaborative areas
- Private on‑site parking lot included for office users and staff
- Existing drive‑through configuration provides flexibility for a variety of operations
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 | $88.7k | $24.00 |
| − Vacancy | −$17.8k | −$4.82 |
| EGI | $70.9k | $19.18 |
| − OpEx | −$17.7k | −$4.79 |
| NOI | $53.2k | $14.38 |
3,696 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$759.4K
$664.5K – $885.9K
NOI $53,156 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$885.9K – $1.18M
NOI $70,874 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Echelon Wealth Advisors, ...
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Remodeled office space with reception, private offices, conference rooms, collaborative areas, and a private on-site parking lot.
Where is this office building located?
The property is located at 1441 Monroe Ave Rochester, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Remodeled office space with reception, private offices, conference rooms, and collaborative areas; Private on‑site parking lot included for office users and staff; Existing drive‑through configuration provides flexibility for a variety of operations
