Two-Story Office
New
For Sale
$2,300,000
200 Highland Avenue, Rochester, NY 14620
A passenger elevator, kitchen, playground, and surface parking complement the building’s flexible office layout.
Property Size12,520 SF
Lot Size1.07 Acres
Price / SF$183.71
Days on Market2
Property Features for 200 Highland Avenue
General Information
Standard status
Active
Size
12,520 SF
Elevators
Yes
Lot size
1.07 Acres
Property subtype
Office
Amenities
kitchen
playground
Building Details
Building Size
12,520 SF
Year Built
1962
Buildings
1
Stories
2
Listing Agency:
Rochester Office
Listed By:
James C. Manilla
(585) 248-9426
Source:
Pyramidbrokerage
Added: Oct 19
Last Checked: Oct 19 at 2:03PM
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 Rochester Office
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Investment Insights
Based on property information with market context.
At 200 Highland Avenue, this two-story office property contains approximately 12,520 square feet on about 1.07 acres. Built in 1962, the building includes a passenger elevator and an existing kitchen, with an on-site playground and surface parking. Its layout can accommodate medical, office, creative office, or educational use.
The property is adjacent to Highland Park and situated in Rochester’s medical corridor. Highland Hospital, Strong Memorial Hospital, and the University of Rochester are nearby.
The property is adjacent to Highland Park and situated in Rochester’s medical corridor. Highland Hospital, Strong Memorial Hospital, and the University of Rochester are nearby.
Key Highlights
- ±12,520 SF two‑story office building on ±1.07 acres
- Built in 1962
- Passenger elevator and existing kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$180,063
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,601,260
$3.6M
Cap Rate 7%
$2,572,329
$2.6M
Cap Rate 9%
$2,000,700
$2.0M
Market Conditions
NOI Build-Up for 12,520 SF
Gross rent
$300.5K $24.00/SF
− Vacancy
−$60.4K −$4.82/SF
EGI
$240.1K $19.18/SF
− OpEx
−$60.0K −$4.79/SF
NOI
$180.1K $14.38/SF
Area
Rochester, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,601,260
Cap Rate 7%
$2,572,329
Cap Rate 9%
$2,000,700
Alternative Uses
Best Use
Office B
$2.57M
$2.25M – $3.00M
NOI $180,063 @ 7.0% cap · market cap 7.83%
Second Best
Healthcare Medical
$2.49M
$2.18M – $2.91M
NOI $174,519 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $240,084 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 14620, NY
24,185
Population
13,060
Households
1.9
Avg Household Size
35
Median Age
56%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
5,497
Density / Sq Mi
$59,525
Median Household Income
$40,467
Median Earnings
$1,193
Median Rent
$197,700
Median Home Value
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Market
Vacancy Rate% for Office in Rochester, NY
Frequently Asked Questions
What type of property is this?
Office building - A passenger elevator, kitchen, playground, and surface parking complement the building’s flexible office layout.
Where is this office building located?
The property is located at 200 Highland Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: ±12,520 SF two‑story office building on ±1.07 acres; Built in 1962; Passenger elevator and existing kitchen
