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25-Unit Brick Apartment Building
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 Market110

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 30 at 9:06AM
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.

This 25-unit apartment building in Rochester contains 19,401 square feet on a 0.31-acre parcel. The unit mix includes 16 studios and 9 one-bedroom apartments. Built in 1920, the solid-brick property has rehabilitated units, 122 new replacement windows, energy-efficient lighting, and updated boiler controls. Additional features include a torch-down roof, natural-gas steam heat, and public water service.

Parking is provided through a garage and driveway, with a blacktop driveway surface. The property is located at 312 Lake Avenue in Rochester, near the Edgerton area, where the surrounding community includes parks, supermarkets, restaurants, and coffee shops. A new C of O is planned at closing.

Key Highlights

  • 16 studio units and 9 one‑bedroom units
  • 19,401 square feet on a 0.31‑acre parcel
  • Solid‑brick construction dating to 1920

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 - Rehabilitated apartment property with updated building systems, replacement windows, 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: 16 studio units and 9 one‑bedroom units; 19,401 square feet on a 0.31‑acre parcel; Solid‑brick construction dating to 1920
More about this property
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