Victorian
New
For Sale
$289,900
35 Gardiner Park, Rochester, NY 14607
Three residential units retain original details, including a decorative slate fireplace and interior trim.
Property Size2,042 SF
Days on Market5
Property Features for 35 Gardiner Park
General Information
Standard status
Active
Size
2,042 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,076
Building Details
Building Size
2,042 SF
Year Built
1920
Year Renovated
2025
Construction
Victorian
Listing Agency:
Howard Hanna
Listed By:
Abigail W. McDonald · License #30MC0261181
(585) 309-2810
Source:
Highfallssir
Added: Oct 8
Changed: Oct 12
Last Checked: Oct 11 at 2:26PM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This three-family Victorian property contains three residential units and retains original architectural details, including a decorative slate fireplace and trim. Recent work includes newly installed windows facing the front porch and a renovation of the rear apartment in 2025.
The property carries a C rating with the Rochester Historical Society.
The property carries a C rating with the Rochester Historical Society.
Key Highlights
- Three‑family Victorian property
- Original decorative slate fireplace and trim remain
- New windows overlook the front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,501
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,020
$470.0K
Cap Rate 7%
$335,729
$335.7K
Cap Rate 9%
$261,122
$261.1K
Market Conditions
NOI Build-Up for 2,042 SF
Gross rent
$35.5K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$33.6K $16.44/SF
− OpEx
−$10.1K −$4.93/SF
NOI
$23.5K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,020
Cap Rate 7%
$335,729
Cap Rate 9%
$261,122
Alternative Uses
Best Use
Multifamily LT 5
$335.7K
$293.8K – $391.7K
NOI $23,501 @ 7.0% cap · market cap 8.11%
Second Best
Apartment 5plus
$299.3K
$261.9K – $349.1K
NOI $20,948 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$559.4K
$489.5K – $652.6K
NOI $39,157 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,883
Businesses Nearby
Explore this area
Business Placement
Demographics for 14607, NY
16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units retain original details, including a decorative slate fireplace and interior trim.
Where is this triplex located?
The property is located at 35 Gardiner Park Rochester, NY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Three‑family Victorian property; Original decorative slate fireplace and trim remain; New windows overlook the front porch
