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Brick Apartment Building with Replacement Windows
For Sale
$1,900,000

312 Lake Avenue, Rochester, NY 14608

MultiFamily, Rochester, NY

Property Size19,401 SF
Lot Size0.31 Acres
Price / SF$97.93
Days on Market101

Property Features for 312 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Rooms Bedroom 3, Bedroom 4, Basement, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 9, Bedroom 7
Parking features Garage, Driveway
Exterior features BlacktopDriveway
Appliances GasWaterHeater, Refrigerator
Subdivision Phelps & Town Lt
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Rochester
Middle school district Rochester
High school district Rochester
Directions Lake Ave between Lorimer Street and Phelps Ave.
Standard status Active
APN 261400-105-520-0001-022-000-0000
Size 19,401 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Annual Amount 26080

Utilities

Heating system Natural Gas, Steam
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 25
Flooring type Varies, Vinyl, Hardwood
Building materials Brick, CopperPlumbing, PexPlumbing
Listing Agency: RE/MAX Realty Group · RE/MAX International
Listed By: Colleen M. Bracci · License #30BR1133356
Added: May 13 Changed: Aug 19 Last Checked: Aug 21 at 7:06PM
MLS# R1680650

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.

Brick apartment building on 0.31 acres offering 19,401 square feet. The building includes 16 studios and 9 one-bedroom units. Constructed in 1920, it features a blacktop driveway and torch-down roof.

Improvements and unit work include all units rehabbed and 122 new replacement windows, along with energy-efficient lighting and boiler controls. Heating is natural gas steam. Water is served by public supply. Parking is available via a driveway and garage, and appliances noted include a gas water heater and refrigerator.

The property is presented with a new certificate of occupancy at closing. Water source is public. Do not walk the property without an appointment.

Key Highlights

  • 19,401 square feet on 0.31 acres with off‑street driveway and garage parking
  • 16 studios and 9 one‑bedroom units
  • All units rehabbed and 122 new replacement windows

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick apartment building with 25 renovated units, 122 replacement windows, steam heat, and off-street parking.
Where is this apartment building located?
The property is located at 312 Lake Avenue 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: 19,401 square feet on 0.31 acres with off‑street driveway and garage parking; 16 studios and 9 one‑bedroom units; All units rehabbed and 122 new replacement windows
More about this property
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