Four-Unit Multifamily
23 N Main Street Brockport, NY 14420
23 N Main Street, Brockport, NY, 14420
$449,900
For Sale
$449,900
MULTI_FAMILY - Other - Brockport, NY
Property Size4,460 SF
Lot Size0.18 Acres
Price / SF$100.87
Days on Market50
Property Features for 23 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 2
- 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
- 8614
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Laminate, Varies, Carpet
- Building materials
- VinylSiding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Revolution Real Estate
(585) 653-7700
3861 Lyell Road, Rochester, NY
Listed by
Justin E Brosnan · License #10401264388
(585) 737-6168
Added: Jun 2 Updated: Jul 18 at 2:06 am Checked: Jul 21 at 5:06 am
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.
Investment Insights
Based on property information with market context.
This four-unit multifamily building offers a practical layout for residential income, with on-site coin-operated laundry and tenant basement storage. Exterior finishes include vinyl siding, and the property has undergone multiple major mechanical updates. A durable metal roof was installed about one year ago. New electrical panels were installed throughout the building in 2026, and heating includes furnaces approximately 10 years old. Water heaters range from about 1 to 4 years old, supporting ongoing operational reliability. A Certificate of Occupancy was issued on 7/16/2025.
The property is located at 23 N Main Street in Brockport, New York, near the Erie Canal and close to local shops and restaurants. The walkable surroundings help support a consistent tenant base for a small multifamily format.
For buyers seeking a manageable, cash-flowing residential building with documented system improvements, this asset provides an efficient platform. Its existing four-unit configuration includes shared amenities, while the current offering also notes the possibility of converting to a five-unit building for the next owner, subject to applicable approvals and permitting.
The property is located at 23 N Main Street in Brockport, New York, near the Erie Canal and close to local shops and restaurants. The walkable surroundings help support a consistent tenant base for a small multifamily format.
For buyers seeking a manageable, cash-flowing residential building with documented system improvements, this asset provides an efficient platform. Its existing four-unit configuration includes shared amenities, while the current offering also notes the possibility of converting to a five-unit building for the next owner, subject to applicable approvals and permitting.
Key Highlights
- 4‑unit multifamily with over 4,500 sq ft of living space
- Metal roof installed about 1 year ago
- New electrical panels throughout the building in 2026
Local Financial Insights For Apartment 5plus
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 | $72.3k | $16.20 |
| − Vacancy | −$4.0k | −$0.89 |
| EGI | $68.3k | $15.31 |
| − OpEx | −$30.7k | −$6.89 |
| NOI | $37.6k | $8.42 |
4,460 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$593.9K
$519.7K – $692.9K
NOI $41,576 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$536.5K
$469.4K – $625.9K
NOI $37,553 @ 7.0% cap · market cap 8.35%
Theoretical Best
Specialty Retail
$856.2K
$749.2K – $998.9K
NOI $59,933 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit income property with coin-operated laundry and updated major systems, including a recent metal roof and new electrical panels.
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 $449,900.
What are key features of this property?
This property features: 4‑unit multifamily with over 4,500 sq ft of living space; Metal roof installed about 1 year ago; New electrical panels throughout the building in 2026
