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17-Unit Mixed-Use Property
New
For Sale
$1,300,000

321 Driving Park Ave, Rochester, NY 14613

Brick building combines apartments, storefronts, and separately metered utilities.

Property Size13,600 SF
Days on Market2

Property Features for 321 Driving Park Ave

General Information

Standard status Active
Size 13,600 SF
Property subtype Investment

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 10 x 1BR, 4 x studio
Multifamily Units 14

Additional Details

Cap Rate 9.06%

Taxes and HOA fees

Annual Taxes $15,265

Amenities

on-site laundry
keyless entry
camera system
LED lighting
basement storage

Building Details

Building Size 13,600 SF
Year Built 1920
Stories 3
Units 14
Construction brick
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License #30BR1133356
Source: Elliman
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 4:12AM

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 brick mixed-use property includes 17 total units: 14 apartments and 3 street-level commercial storefronts. The residential component comprises 10 one-bedroom apartments and 4 studio units, with hardwood floors, vinyl windows, and bright living areas. Electric and cooking gas are separately metered. On-site laundry equipment is professionally leased and serviced, while 14 basement storage units provide additional functional space.

Recent capital work includes a GACO roof completed in 2024, a Bradford White hot water tank under warranty through 2026, new leased laundry equipment installed in 2025, and a keyless entry system and Arlo camera system added in 2025. LED lighting was upgraded throughout common areas, the exterior, and Store 2 in 2026. The property occupies a prominent corner position at 321–331 Driving Park Avenue in Rochester’s historic Edgerton neighborhood. Walk Score is 74, Bike Score is 66, and Transit Score is 41. A new Certificate of Occupancy will be provided at closing.

Key Highlights

  • 17‑unit configuration with 14 apartments and 3 street‑level commercial storefronts
  • Residential mix includes 10 one‑bedroom apartments and 4 studio units
  • 14 basement storage units and professionally leased on‑site laundry equipment

Property Analytics

Current Use

L A NAILS Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic HVAC Service

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

14
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby

Demographics for 14613, NY

14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
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?
Mixed-use property - Brick building combines apartments, storefronts, and separately metered utilities.
Where is this mixed-use property located?
The property is located at 321 Driving Park Ave Rochester, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 17‑unit configuration with 14 apartments and 3 street‑level commercial storefronts; Residential mix includes 10 one‑bedroom apartments and 4 studio units; 14 basement storage units and professionally leased on‑site laundry equipment
More about this property
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