383 Park Avenue, Rochester, NY 14607
Updated historic building with flexible C-1 zoning, parking, and interior improvements for professional or service uses.
- Added:
- Jun 30, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 4 at 3:15 am
Property Features for 383 Park Avenue
General Information
- Standard status
- Active
- Size
- 3,312 SF
- Property subtype
- SCR-REST, SCR-STREET, OFC-RET
Building Details
- Year Built
- 1900
Listing office KW | Greater Rochester (585) 978-0761
Listing date Jun 30, 2026
Source Realnex
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All listing content including descriptions, pricing, images are the copyrighted material of KW | Greater Rochester
HighLights
- Approximately 3,312 sq ft historic mixed‑use building with flexible C‑1 zoning for many commercial and service uses
- On‑site parking for 9 vehicles
- Interior remodeled throughout with custom tile and hardwood flooring, updated bathrooms, kitchen, and glass‑enclosed first‑floor office
- First floor includes a separate conference room space with a wet bar
- Second floor has four spacious rooms for private offices, treatment rooms, retail/service, or additional business operations
- Updates include an effective year built of 2006, brand‑new furnace, newer AC units, and updated mechanics
Overview
The building is positioned along Park Avenue in Rochester, located between Rutgers and Oxford. The listing notes strong neighborhood presence, walkability, and immediate access to what the Park Avenue corridor offers.
With flexible C-1 zoning and interior buildout supporting office and service-oriented functions, this property is well suited for an owner-operator seeking a distinctive, move-ready headquarters or a tenant mix that benefits from multiple room configurations. On-site parking supports day-to-day operations, while the first- and second-floor room layout provides practical flexibility for different operating models.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.5k | $24.00 |
| − Vacancy | −$16.0k | −$4.82 |
| EGI | $63.5k | $19.18 |
| − OpEx | −$15.9k | −$4.79 |
| NOI | $47.6k | $14.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.5856429
- Latitude
- 43.149362
