Renovated Two-Unit
For Sale
$499,900
36-38 Brook Street, Canandaigua, NY 14424
Two separately configured residences provide private entrances, utilities, laundry, basements, porches, and dedicated parking.
Property Size3,184 SF
Days on Market50
Property Features for 36-38 Brook Street
General Information
Standard status
Active
Size
3,184 SF
Property subtype
Multi Family
Units
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$7,498
Amenities
private entrance
basement
central A/C
hardwood floors
laundry rooms
tiled bathrooms
decking
porches
Building Details
Building Size
3,184 SF
Year Built
1880
Year Renovated
2014
Listing Agency:
Howard Hanna
Listed By:
Richard J. Testa · License #10301208036
(585) 739-3521
Source:
Griffith-realty
Added: Sep 11
Changed: Oct 29
Last Checked: Oct 28 at 6:04PM
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
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Investment Insights
Based on property information with market context.
This duplex contains two distinct residences with only one shared wall, giving each side a townhome-style layout. Both units have private entrances, separate utilities, first-floor laundry, basements, porches, and two parking spaces. Extensive renovations completed in 2014 included new insulation, plumbing, electrical systems, drywall, furnaces with central A/C, hardwood flooring, kitchens, tiled bathrooms, windows, composite siding, decking, porches, and driveway work.
The 36 Brook Street residence includes a large kitchen with center-island breakfast bar, dining and living rooms, a first-floor powder room, and an upper level with three to four bedrooms and a full bathroom. The 38 Brook Street unit offers a kitchen with island breakfast bar, formal living and dining rooms, first-floor laundry and powder room, plus three bedrooms and a full bathroom upstairs. The property is one block from Main Street and minutes from Canandaigua Lake.
The 36 Brook Street residence includes a large kitchen with center-island breakfast bar, dining and living rooms, a first-floor powder room, and an upper level with three to four bedrooms and a full bathroom. The 38 Brook Street unit offers a kitchen with island breakfast bar, formal living and dining rooms, first-floor laundry and powder room, plus three bedrooms and a full bathroom upstairs. The property is one block from Main Street and minutes from Canandaigua Lake.
Key Highlights
- Two‑unit duplex at 36‑38 Brook Street in Canandaigua City
- Extensive renovations completed in 2014
- Separate entrances, utilities, laundry, basements, porches, and two parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,776
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,520
$815.5K
Cap Rate 7%
$582,514
$582.5K
Cap Rate 9%
$453,067
$453.1K
Market Conditions
NOI Build-Up for 3,184 SF
Gross rent
$63.0K $19.80/SF
− Vacancy
−$4.8K −$1.50/SF
EGI
$58.3K $18.30/SF
− OpEx
−$17.5K −$5.49/SF
NOI
$40.8K $12.81/SF
Area
Ontario County, NY
Vacancy
7.60%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,520
Cap Rate 7%
$582,514
Cap Rate 9%
$453,067
Alternative Uses
Best Use
Multifamily LT 5
$582.5K
$509.7K – $679.6K
NOI $40,776 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$519.2K
$454.3K – $605.8K
NOI $36,347 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$953.0K
$833.9K – $1.11M
NOI $66,711 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
Explore this area
Business Placement
Demographics for 14424, NY
28,353
Population
14,482
Households
2
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
219
Density / Sq Mi
$79,135
Median Household Income
$45,885
Median Earnings
$1,228
Median Rent
$250,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences provide private entrances, utilities, laundry, basements, porches, and dedicated parking.
Where is this duplex located?
The property is located at 36-38 Brook Street Canandaigua, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑unit duplex at 36‑38 Brook Street in Canandaigua City; Extensive renovations completed in 2014; Separate entrances, utilities, laundry, basements, porches, and two parking spaces per unit
