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Rehabilitated 25-Unit Apartment Building
For Sale
$1,900,000

312 Lake Ave, Rochester, NY 14608

Brick multifamily property with updated building systems and off-street parking.

Property Size19,401 SF
Price / SF$97.93
Days on Market26

Property Features for 312 Lake Ave

General Information

Standard status Active
Size 19,401 SF
Property subtype Multi-Family

Units

Unit Mix 16 x studio, 9 x 1BR
Multifamily Units 25

Additional Details

Gross Income $288,552

Building Details

Year Built 1920
Construction brick
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License #30BR1133356
Source: Skinnercnyrealty
Added: Aug 5 Changed: Aug 30 Last Checked: Aug 30 at 2:15AM

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 1920, this solid brick apartment property contains 25 units, including 16 studios and 9 one-bedroom apartments. All units have been rehabilitated, and the building includes 122 replacement windows, energy-efficient lighting, updated boiler controls, and a torch-down roof. Off-street parking is also provided. A new C of O is planned at closing.

The property is located at 312 Lake Ave in Rochester, NY, within the Edgerton area. Nearby surroundings include Edgerton Park, supermarkets, restaurants, and coffee shops, along with a mix of duplexes, townhouses, detached homes, and larger apartment buildings.

Key Highlights

  • 25‑unit apartment building with 16 studios and 9 one‑bedroom units
  • 19,401 SF building constructed in 1920
  • All units rehabilitated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Dental Office Locksmith Acupuncture Skin Care Clinic

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

Lease Details

25
Residential units

Location Intelligence

Trade Area within ½ mile

869
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

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 multifamily property with updated building systems and off-street parking.
Where is this apartment building located?
The property is located at 312 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 25‑unit apartment building with 16 studios and 9 one‑bedroom units; 19,401 SF building constructed in 1920; All units rehabilitated
More about this property
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