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Rochester Multifamily Investment Opportunity

189-199 Lake Avenue, Rochester, NY 14608

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Pending

$1,700,000

MULTI_FAMILY - Rochester, NY

Property size:

18,540 SF

Lot size:

0.39 Acres

HighLights

Brick multi‑unit building built in 1935 with 26 units: 15 studios and 11 one‑bedroom apartments
Unit bathroom mix: 23 units have private bathrooms; 3 units share 2 bathrooms and a shower across the hall
Roof updates: silver‑sealed roof installed 4 years ago; roof includes flat membrane and rubber roofing
Parking and dumpster service are shared with building 205
Replacement windows in most units; surveillance cameras installed and monitored by management
Utilities and features include public water, gas water heater, copper plumbing, and a blacktop driveway with driveway/garage parking

We can help!

Contact an agent

Colleen M. Bracci

Pending

$1,700,000

MULTI_FAMILY - Rochester, NY

Property size:

18,540 SF

Lot size:

0.39 Acres

Added:: Sep 26, 2025
Days on Market:: 283
Last Refresh:: Jul 5 at 7:06 pm

Property Features for 189-199 Lake Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 26
Rooms: Bedroom 20, Bedroom 14, Bedroom 5, Bedroom 15, Bedroom 16, Bedroom 10, Bedroom 25, Bedroom 6, Bedroom 26, Bedroom 2, Bedroom 18, Bedroom 12, Bedroom 3, Bedroom 21, Basement, Bedroom 7, Bedroom 19, Bedroom 22, Bedroom 17, Bedroom 24, Bedroom 4, Bedroom 9, Bedroom 23, Bedroom 8, Bedroom 11, Bedroom 1, Bedroom 13
Parking features: Driveway, Garage
Security features: Security
Exterior features: BlacktopDriveway
Appliances: GasWaterHeater
Standard status: Pending
APN: 261400-105-600-0001-011-003-0000
Size: 18,540 SF
Lot size: 0.39 Acres

Taxes and HOA fees

Tax Annual Amount: 35293

Utilities

Heating system: Natural Gas, Baseboard, Hot Water(Heating)
Water source: Public

Building Details

Year built: 1935
Floors in Building: 4
Number of units: 26
Flooring type: Tile, Varies, Hardwood
Building materials: Brick, CopperPlumbing
Roof type: Rubber, Membrane, Flat

We can help!

Contact an agent

Colleen M. Bracci

Listing agent Colleen M. Bracci License #30BR1133356

Listing office RE/MAX Realty Group 101 Canal Landing Blvd Suite One Suite One, Pittsford, NY

Listing date Sep 26, 2025

MLS# R1635659 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Brick multi‑unit building built in 1935 with 26 units: 15 studios and 11 one‑bedroom apartments
Unit bathroom mix: 23 units have private bathrooms; 3 units share 2 bathrooms and a shower across the hall
Roof updates: silver‑sealed roof installed 4 years ago; roof includes flat membrane and rubber roofing
Parking and dumpster service are shared with building 205
Replacement windows in most units; surveillance cameras installed and monitored by management
Utilities and features include public water, gas water heater, copper plumbing, and a blacktop driveway with driveway/garage parking

Overview

This well-maintained brick building in Rochester, NY, features 26 units, comprising 15 studios and 11 one-bedroom apartments. Twenty-three units have private bathrooms, while 3 units share 2 bathrooms and a shower across the hall. The property has been cared for with recent updates, including a silver-sealed roof installed 4 years ago and replacement windows in most units. Surveillance cameras are installed and monitored by management. Mailboxes are conveniently located in the front foyer. All building materials in storage will transfer with the property (tools excluded). Parking and dumpster service are shared with building 205, providing additional convenience for tenants. The property lot size is 0.39 acres and the building size is 18,540 square feet. Currently, 5 units are vacant, but applicants are ready to move in once make-ready is complete. Seller may consider financing with 50% down, 8% interest over 30 yrs with balloon in five years.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Rochester
County: Monroe
State: New York
Longitude: -77.626292
Latitude: 43.167965

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For sale
Apartment buildings
NY
Rochester
14608
189-199 Lake Avenue

What type of property is this?

Apartment building - Well-maintained 26-unit building with recent updates and income potential.

Where is this apartment building located?

The property is located at 189-199 Lake Avenue Rochester, NY.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Brick multi‑unit building built in 1935 with 26 units: 15 studios and 11 one‑bedroom apartments; Unit bathroom mix: 23 units have private bathrooms; 3 units share 2 bathrooms and a shower across the hall; Roof updates: silver‑sealed roof installed 4 years ago; roof includes flat membrane and rubber roofing

189-199 Lake Avenue, Rochester, NY 14608

MULTI_FAMILY - Rochester, NY

Property Features for 189-199 Lake Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Automotive Repair and Paint Facility

Medical Office Building

Brewery in LaSalle's Landing District

Retail and Office Building

Brick Office Building with Handicap Lift

Climate-Controlled Self-Storage Facility

Rochester Restaurant Opportunity For Sale

Free-Standing Office Building

Freestanding Office Building with Sign

Mixed-Use Redevelopment Property

Rochester Multifamily Investment Opportunity

Historic Office Redevelopment Building

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