Mixed-Use Property with Rooftop
For Sale
$625,000
170-174 Griffith St, Rochester, NY 14607
Separate entrances support distinct residential and commercial functions with flexible interior layouts.
Property Size3,396 SF
Price / SF$184.04
Days on Market93
Property Features for 170-174 Griffith St
General Information
Standard status
Active
Size
3,396 SF
Building Details
Year Built
1885
Buildings
1
Listing Agency:
RE/MAX Plus
Listed By:
Soo M. Kim · License #10401297655
(585) 481-2646
Source:
Skinnercnyrealty
Added: Jul 14
Changed: Oct 2
Last Checked: Oct 13 at 1:38AM
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 RE/MAX Plus
Investment Insights
Based on property information with market context.
Built in 1885, this 3,396-square-foot mixed-use property combines residential and commercial components within two distinct spaces. The residential portion includes 2 bedrooms, 2.5 bathrooms, a full kitchen, an entertaining level with wet bar, and access to a rooftop terrace equipped with a hot tub, fire feature, dining area, and lounge areas. The commercial space offers open-concept interiors, soaring ceilings, a separate kitchen, full bathroom, and carriage doors suited to customer-facing operations or adaptable creative use.
Separate entrances serve the residential and commercial areas, allowing the components to function independently. The property is located near The Strong National Museum of Play, Rochester Museum & Science Center, George Eastman Museum, Memorial Art Gallery, High Falls, the Eastman School of Music, and downtown Rochester dining and entertainment.
Separate entrances serve the residential and commercial areas, allowing the components to function independently. The property is located near The Strong National Museum of Play, Rochester Museum & Science Center, George Eastman Museum, Memorial Art Gallery, High Falls, the Eastman School of Music, and downtown Rochester dining and entertainment.
Key Highlights
- 3,396 SF mixed‑use property built in 1885
- Two distinct spaces with separate residential and commercial entrances
- Residential component includes 2 bedrooms, 2.5 bathrooms, and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,059
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$921,180
$921.2K
Cap Rate 7%
$657,986
$658.0K
Cap Rate 9%
$511,767
$511.8K
Market Conditions
NOI Build-Up for 3,396 SF
Gross rent
$73.4K $21.60/SF
− Vacancy
−$7.6K −$2.22/SF
EGI
$65.8K $19.38/SF
− OpEx
−$19.7K −$5.81/SF
NOI
$46.1K $13.56/SF
Area
Rochester, NY
Vacancy
10.30%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$921,180
Cap Rate 7%
$657,986
Cap Rate 9%
$511,767
Alternative Uses
Best Use
Retail
$658.0K
$575.7K – $767.7K
NOI $46,059 @ 7.0% cap · market cap 7.37%
Second Best
Mixed Use
$589.4K
$515.8K – $687.7K
NOI $41,261 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$930.3K
$814.0K – $1.09M
NOI $65,122 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,776
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 13%
Hotels & Casinos 9%
Apparel 4%
McDonald's
Dining
31,020 visits/mo
0.4 miles
Dunkin' Donuts
Dining
16,744 visits/mo
0.2 miles
Dinosaur Bar-B-Que
Dining
16,689 visits/mo
0.4 miles
Burger King
Dining
13,699 visits/mo
0.2 miles
Hampton Inn
Hotels & Casinos
10,290 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Rochester, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate entrances support distinct residential and commercial functions with flexible interior layouts.
Where is this mixed-use property located?
The property is located at 170-174 Griffith St Rochester, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 3,396 SF mixed‑use property built in 1885; Two distinct spaces with separate residential and commercial entrances; Residential component includes 2 bedrooms, 2.5 bathrooms, and a full kitchen
