Character-Rich Two-Unit
For Sale
$699,000
150 Barrington St, Rochester, NY 14607
Two distinct living units combine period detailing, private outdoor space, dedicated utilities, and substantial off-street parking.
Property Size3,851 SF
Days on Market8
Property Features for 150 Barrington St
General Information
Standard status
Active
Size
3,851 SF
Property subtype
Multi Family
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,899
Amenities
porch
fireplace
private yard
on-site laundry
forced-air heating
central air conditioning
Building Details
Building Size
3,851 SF
Year Built
1900
Buildings
1
Stories
3
Units
2
Listing Agency:
Howard Hanna
Listed By:
Sylvia Bauer
(585) 473-1320
Source:
Elliman
Added: Sep 10
Changed: Sep 14
Last Checked: Sep 16 at 4:32PM
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
Investment Insights
Based on property information with market context.
Built in 1900, this duplex pairs original architectural detail with a flexible two-unit layout. The first-floor residence includes a living room with fireplace and window seats, a large kitchen, formal dining room, stained-glass windows, beamed ceilings, built-in shelving, and laundry. The upper unit offers a living room with vaulted ceilings, office nook, dining area, eat-in kitchen, two bedrooms, two full baths, and its own laundry. Solid-wood floors, detailed moldings, 10-foot ceilings, and additional stained-glass features carry the period character throughout the property.
A shared basement contains the boiler serving the first-floor unit and an on-demand hot-water system serving both residences. Separate electric and gas meters support independent utility management, while forced-air heat and central air conditioning are provided. Exterior features include a large open front porch, private yard, extensive off-street parking, and a detached two-car garage. The property is located at 150 Barrington St in Rochester, NY, with a Walk Score of 15, Transit Score of 32, and bikeScore of 43.
A shared basement contains the boiler serving the first-floor unit and an on-demand hot-water system serving both residences. Separate electric and gas meters support independent utility management, while forced-air heat and central air conditioning are provided. Exterior features include a large open front porch, private yard, extensive off-street parking, and a detached two-car garage. The property is located at 150 Barrington St in Rochester, NY, with a Walk Score of 15, Transit Score of 32, and bikeScore of 43.
Key Highlights
- Two‑unit property built in 1900
- First‑floor unit includes fireplace, formal dining room, stained glass, beamed ceilings, and laundry
- Second‑floor unit has 2 bedrooms, 2 full baths, eat‑in kitchen, office nook, and private laundry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,321
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$886,420
$886.4K
Cap Rate 7%
$633,157
$633.2K
Cap Rate 9%
$492,456
$492.5K
Market Conditions
NOI Build-Up for 3,851 SF
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.
Gross rent
$67.0K $17.40/SF
− Vacancy
−$3.7K −$0.96/SF
EGI
$63.3K $16.44/SF
− OpEx
−$19.0K −$4.93/SF
NOI
$44.3K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$886,420
Cap Rate 7%
$633,157
Cap Rate 9%
$492,456
Alternative Uses
Best Use
Multifamily LT 5
$633.2K
$554.0K – $738.7K
NOI $44,321 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$564.4K
$493.8K – $658.4K
NOI $39,505 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$1.05M
$923.1K – $1.23M
NOI $73,847 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,650
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living units combine period detailing, private outdoor space, dedicated utilities, and substantial off-street parking.
Where is this duplex located?
The property is located at 150 Barrington St Rochester, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit property built in 1900; First‑floor unit includes fireplace, formal dining room, stained glass, beamed ceilings, and laundry; Second‑floor unit has 2 bedrooms, 2 full baths, eat‑in kitchen, office nook, and private laundry
