Renovated Build-to-Rent
For Sale
Contact for pricing
1520-1550 Empire Boulevard, Webster, NY 14580
Renovation underway on a 101-unit multifamily property with early Q4 2025 occupancy, plus an expansion parcel for additional units.
Property SizeContact for details
Days on Market50
Property Features for 1520-1550 Empire Boulevard
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
101
Building Details
Year Renovated
2025
Tenancy
Multi
Listing Agency:
CBRE | Rochester
(585) 784-3626
Listed By:
Andrew Gearhart · License #Licensed Real Estate Salesperson
(585) 784-3626
Source:
Cbre
Added: Jun 23
Changed: Jul 22
Last Checked: Aug 10 at 6:01AM
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 CBRE | Rochester
Investment Insights
Based on property information with market context.
Empire Boulevard Estates is a 101-unit multifamily property in suburban Rochester, New York, located in the Town of Penfield. The property is undergoing a complete renovation from its former use as a nursing home, with occupancy scheduled to begin in early Q4 2025.
In addition to the existing units, a 7.4-acre expansion parcel is included in the offering. The expansion parcel is currently master planned to include 140 build-to-rent townhouse and patio home units.
In addition to the existing units, a 7.4-acre expansion parcel is included in the offering. The expansion parcel is currently master planned to include 140 build-to-rent townhouse and patio home units.
Key Highlights
- 101‑unit multifamily property in the Town of Penfield (suburban Rochester, New York)
- Conversion and complete renovation in progress from a former nursing home use
- Occupancy scheduled to begin in early Q4 2025
Property Analytics
Current Use
Lease Details
101
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 14580, NY
54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovation underway on a 101-unit multifamily property with early Q4 2025 occupancy, plus an expansion parcel for additional units.
Where is this apartment building located?
The property is located at 1520-1550 Empire Boulevard Webster, NY.
What are key features of this property?
This property features: 101‑unit multifamily property in the Town of Penfield (suburban Rochester, New York); Conversion and complete renovation in progress from a former nursing home use; Occupancy scheduled to begin in early Q4 2025
