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7-Unit Apartment Property

366 Alexander St 366, Rochester, NY 14607

For Sale
$625,000
Pending

Two-building layout includes storage, coin-operated laundry, and eight parking spaces near East Avenue and Alexander Street.

Property Size7,719 SF
Days on Market62

Property Features for 366 Alexander St 366

General Information

Standard status Pending
Size 7,719 SF
Total Parking Spaces 8
Property subtype Investment

Financials

Cap Rate 8.9%
Gross Income $80,688

Site & Location

Neighborhood Neighborhood of the Arts

Units

Unit Mix 4 x 1BR, 2 x studio, 1 x 2BR
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $12,021

Amenities

coin-operated laundry
basement storage rooms

Building Details

Building Size 7,719 SF
Year Built 1900
Buildings 2
Stories 3
Units 7
Listing Agency: Hunt Real Estate ERA/Columbus
Listed By: John M. Denniston · License NY 30DE0572894
Source: Elliman
Added: Sep 9 Changed: Nov 5 Last Checked: Nov 8 at 6:59AM

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 Hunt Real Estate ERA/Columbus

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment property includes a primary building with four one-bedroom apartments, two studio units, six basement storage rooms, and coin-operated laundry. A separate carriage house adds a two-bedroom apartment, creating a two-building residential configuration. The property also provides eight parking spaces.

The asset is positioned near East Avenue and Alexander Street, with access toward University Avenue on the south side of Alexander. Walk Score is 91, Bike Score is 77, and Transit Score is 52. Built in 1900, the property has been extensively improved and maintained by the contractor-owner since 2009. The reported cap rate is 8.9%.

Key Highlights

  • 7‑unit property across a primary building and detached carriage house
  • Unit mix includes four one‑bedroom apartments, two studios, and one two‑bedroom unit
  • Six basement storage rooms and coin‑operated laundry

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,051
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Rochester, NY

$73.25 Jul
$80.38 Aug
$78.21 Sep
$73.47 Oct

Properties on Market for Apartment buildings in Rochester

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-building layout includes storage, coin-operated laundry, and eight parking spaces near East Avenue and Alexander Street.
Where is this apartment building located?
The property is located at 366 Alexander St 366 Rochester, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 7‑unit property across a primary building and detached carriage house; Unit mix includes four one‑bedroom apartments, two studios, and one two‑bedroom unit; Six basement storage rooms and coin‑operated laundry
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