Office Building with On-Site
For Sale
$699,000
383 Park Avenue, Rochester, NY 14607
CommercialSale, Rochester, NY
Property Size3,312 SF
Lot Size0.17 Acres
Price / SF$211.05
Days on Market102
Property Features for 383 Park Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-1
Zoning description
Commercial
Rooms
Basement
Parking
9
Parking features
Paved or Surfaced
Subdivision
Vick Park Tr
Lot features
Rectangular, Rectangular Lot
Elementary school district
Rochester
Middle school district
Rochester
High school district
Rochester
Directions
Enter driveway from Park Avenue and use parking spots directly behind the building on the right hand side.
Standard status
Active
APN
261400-121-430-0002-020-000-0000
Size
3,312 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
11150
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Zoned, Forced Air, Electric (Heating)
Cooling system
Central Air, Zoned
Water source
Public
Amenities
brand-new furnace
newer AC units
updated mechanics
recent remodeling
custom tile and hardwood flooring
updated bathrooms
kitchen
custom glass-enclosed first-floor office
conference room with wet bar
Building Details
Year built
1900
Floors in Building
2
Roof type
Shingle
Listing Agency:
Keller Williams Realty Greater Rochester
(585) 758-8400
Listed By:
Melissa S Regna · License #10401283514
(585) 978-0761
Added: Jul 2
Changed: Oct 7
Last Checked: Oct 11 at 8:06PM
MLS# R1694614
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,312-square-foot office building occupies a 0.1732-acre parcel and has a room configuration across two floors. The interior includes four rooms upstairs, a glass-enclosed office, a separate conference area with a wet bar, a kitchen, and updated bathrooms. Custom tile and hardwood flooring are among the interior finishes. Recent work also includes mechanical updates, a new furnace, and newer air-conditioning units.
The property is at 383 Park Avenue in Rochester, between Rutgers and Oxford. It has C-1 zoning, nine paved on-site parking spaces, central air, and zoned heating and cooling. Public water and sewer serve the site.
The property is at 383 Park Avenue in Rochester, between Rutgers and Oxford. It has C-1 zoning, nine paved on-site parking spaces, central air, and zoned heating and cooling. Public water and sewer serve the site.
Key Highlights
- 3,312 square feet on a 0.1732‑acre parcel
- C‑1 zoning
- Nine on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,633
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,660
$952.7K
Cap Rate 7%
$680,471
$680.5K
Cap Rate 9%
$529,256
$529.3K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$79.5K $24.00/SF
− Vacancy
−$16.0K −$4.82/SF
EGI
$63.5K $19.18/SF
− OpEx
−$15.9K −$4.79/SF
NOI
$47.6K $14.38/SF
Area
Rochester, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,660
Cap Rate 7%
$680,471
Cap Rate 9%
$529,256
Alternative Uses
Best Use
Office B
$680.5K
$595.4K – $793.9K
NOI $47,633 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$907.3K
$793.9K – $1.06M
NOI $63,511 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,943
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 Office in Rochester, NY
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Frequently Asked Questions
What type of property is this?
Office building - C-1 zoning and a multi-room layout are complemented by paved parking at the property.
Where is this office building located?
The property is located at 383 Park Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,312 square feet on a 0.1732‑acre parcel; C‑1 zoning; Nine on‑site parking spaces
