Four-Unit Multifamily
23 N Main Street, Brockport, NY 14420
New
MULTI_FAMILY - Other - Brockport, NY
Property size:
4,460 SFLot size:
0.18 AcresPrice / SF:
$106/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 12:06 pm
Property Features for 23 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 6, Basement, Bathroom 1, Bedroom 7
- Patio and Porch features
- Porch
- Interior features
- CeilingFans, Storage, NaturalWoodwork
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 265201-068-520-0001-021-000
- Size
- 4,460 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6369
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Varies, Vinyl, Laminate
- Building materials
- VinylSiding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Justin E Brosnan License #10401264388 (585) 737-6168
Listing office Revolution Real Estate 3861 Lyell Road, Rochester, NY (585) 653-7700
Listing date Jun 2, 2026
MLS# R1686928
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
- 4‑unit multifamily with over 4,500 sq ft of living space and basement included
- Metal roof installed about 1 year ago
- New electrical panels throughout the building in 2026
- Furnaces approximately 10 years old; gas water heaters range from about 1 to 4 years old
- On‑site coin‑operated laundry and tenant basement storage
- Certificate of Occupancy issued 7/16/2025; built in 1900 with vinyl siding
Overview
This four-unit multifamily property offers practical rental living with on-site coin-operated laundry and basement storage for tenants. The building is sided in vinyl and includes a range of major mechanical updates designed to reduce near-term maintenance concerns. Recent improvements include a metal roof installed approximately one year ago, brand-new electrical panels throughout the building in 2026, furnaces that are approximately 10 years old, and water heaters with reported ages ranging from about one to four years. A Certificate of Occupancy was issued on 7/16/2025, providing added confidence for buyers evaluating current operating readiness.
Located at 23 N Main Street in Brockport, the property is positioned just steps from the Erie Canal, with local shops and restaurants nearby. Its setting supports everyday walkability for tenants and helps reinforce steady long-term rental appeal in the Brockport market.
The unit configuration, combined with the building’s upgrade history, makes this asset well-suited for investors seeking consistent income from a stabilized multifamily format. It can also serve an owner-occupant looking to live in one unit while collecting rent from the others. The property also presents an opportunity to explore conversion to a five-unit building, potentially increasing income potential for the next owner.
Located at 23 N Main Street in Brockport, the property is positioned just steps from the Erie Canal, with local shops and restaurants nearby. Its setting supports everyday walkability for tenants and helps reinforce steady long-term rental appeal in the Brockport market.
The unit configuration, combined with the building’s upgrade history, makes this asset well-suited for investors seeking consistent income from a stabilized multifamily format. It can also serve an owner-occupant looking to live in one unit while collecting rent from the others. The property also presents an opportunity to explore conversion to a five-unit building, potentially increasing income potential for the next owner.
Local Financial Insights For Multifamily LT 5
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 | $61.5k | $13.80 |
| − Vacancy | −$2.2k | −$0.48 |
| EGI | $59.4k | $13.32 |
| − OpEx | −$17.8k | −$4.00 |
| NOI | $41.6k | $9.32 |
4,460 SF · lease $13.80/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$593.9K
$519.7K – $692.9K
NOI $41,576 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$536.5K
$469.4K – $625.9K
NOI $37,553 @ 7.0% cap · market cap 7.91%
Theoretical Best
Specialty Retail
$856.2K
$749.2K – $998.9K
NOI $59,933 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brockport
- County
- Monroe
- State
- New York
- Longitude
- -77.937885
- Latitude
- 43.217613
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property with on-site coin laundry, recent mechanical upgrades, and a new certificate of occupancy.
Where is this quadplex located?
The property is located at 23 N Main Street Brockport, NY.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: 4‑unit multifamily with over 4,500 sq ft of living space and basement included; Metal roof installed about 1 year ago; New electrical panels throughout the building in 2026
