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26-Unit Brick Apartment Building
For Sale
$1,500,000

189-199 Lake Ave, Rochester, NY 14608

Brick apartment property with recent roof work, replacement windows, and monitored surveillance.

Property Size18,540 SF
Days on Market8

Property Features for 189-199 Lake Ave

General Information

Standard status Active
Size 18,540 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $35,293

Building Details

Building Size 18,540 SF
Year Built 1935
Stories 4
Units 26
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License #30BR1133356
Source: Elliman
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 12:47PM

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 Realty Group

Investment Insights

Based on property information with market context.

Built in 1935, this brick apartment building contains 26 units comprising 15 studios and 11 one-bedroom apartments. Private bathrooms serve 23 units, while the remaining 3 units share 2 bathrooms and a shower located across the hall. Seven units are currently vacant, with applicants prepared to move in after make-ready work is completed.

Property updates include a silver-sealed roof completed 4 years ago and replacement windows in most units. Management-monitored surveillance cameras are installed, and tenant mailboxes are positioned in the front foyer. Parking and dumpster service are shared with the neighboring building at 201-205 Lake Ave. Building materials stored on site transfer with the property, excluding tools. The address is 189-199 Lake Ave, Rochester, NY 14608, with a walk score of 79, a bike score of 57, and a transit score of 46.

Key Highlights

  • 26 units: 15 studios and 11 one‑bedroom apartments
  • 23 units have private bathrooms; 3 share 2 bathrooms and a shower across the hall
  • 7 units are vacant, with applicants ready after make‑ready work

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

Demographics for 14608, NY

13,177
Population
6,935
Households
1.9
Avg Household Size
33
Median Age
24%
College-Educated
83%
High-School Grad
1.8 sq mi
ZIP Area
7,321
Density / Sq Mi
$39,537
Median Household Income
$36,065
Median Earnings
$898
Median Rent
$180,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick apartment property with recent roof work, replacement windows, and monitored surveillance.
Where is this apartment building located?
The property is located at 189-199 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 26 units: 15 studios and 11 one‑bedroom apartments; 23 units have private bathrooms; 3 share 2 bathrooms and a shower across the hall; 7 units are vacant, with applicants ready after make‑ready work
More about this property
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