Five-Story Hotel with
158 N CLINTON AVE Rochester, NY 14604
158 N CLINTON AVE, Rochester, NY, 14604
$2,750,000
For Sale
$2,750,000
Five-story hotel with 63 rooms plus two storefront spaces, currently used for emergency and extended-stay housing.
Property Size21,317 SF
Price / SF$129.01
Days on Market138
Property Features for 158 N CLINTON AVE
General Information
- Standard status
- Active
- Size
- 21,317 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1923
Listing agency
Peters Realty Group
(585) 747-3791
Listed by
Jess Peters
(585) 747-3791
Source
Xome
Added: Mar 7 Updated: Jul 20 at 7:31PM Checked: Jul 22 at 3:54AM
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 Peters Realty Group
Investment Insights
Based on property information with market context.
Located in downtown Rochester on N Clinton Avenue, this five-story hotel offers 63 rooms along with two storefront spaces. The property is currently operated for emergency housing, extended-stay occupants, and longer-term tenancy, providing an adaptable setup for a range of ownership strategies.
The building is described as solid and includes a newer roof and upgraded utilities. At closing, the property will include a brand-new Certificate of Occupancy.
For qualified buyers, the seller notes possible owner financing for the right buyer with 50% down.
The building is described as solid and includes a newer roof and upgraded utilities. At closing, the property will include a brand-new Certificate of Occupancy.
For qualified buyers, the seller notes possible owner financing for the right buyer with 50% down.
Key Highlights
- Five‑story hotel at 113 N Clinton Ave with 63 rooms plus 2 storefront spaces
- Currently used for emergency housing and extended‑stay occupants (longer‑term tenancy also noted)
- Year built: 1923
Local Financial Insights For Hotel Hospitality
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 | $307.0k | $14.40 |
| − Vacancy | −$46.0k | −$2.16 |
| EGI | $260.9k | $12.24 |
| − OpEx | −$137.0k | −$6.43 |
| NOI | $123.9k | $5.81 |
21,317 SF · lease $14.40/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Retail
$4.13M
$3.61M – $4.82M
NOI $289,115 @ 7.0% cap · market cap 10.51%
Second Best
Hotel Hospitality
$1.77M
$1.55M – $2.07M
NOI $123,937 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$5.84M
$5.11M – $6.81M
NOI $408,775 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hotels
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Five-story hotel with 63 rooms plus two storefront spaces, currently used for emergency and extended-stay housing.
Where is this hotel located?
The property is located at 158 N CLINTON AVE Rochester, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Five‑story hotel at 113 N Clinton Ave with 63 rooms plus 2 storefront spaces; Currently used for emergency housing and extended‑stay occupants (longer‑term tenancy also noted); Year built: 1923