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Modernized Apartment Building

49 Stone Street, Rochester, NY 14604

For Sale
$3,950,000

CommercialSale, Rochester, NY

Property Size39,831 SF
Lot Size0.23 Acres
Price / SF$99.17
Days on Market246

Property Features for 49 Stone Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning GCD-URD/CC
Zoning description Business
Rooms Basement
Parking 3
Parking features Offsite
Accessibility Accessible Approach with Ramp
Subdivision E Ely Subn
Lot features Rectangular, Rectangular Lot
Elementary school district Rochester
Middle school district Rochester
High school district Rochester
Directions Stone Street is located between East Main and East Broad street, adjacent to the South Ave. Garage.
Standard status Active
APN 261400-121-230-0002-027-001-0000
Size 39,831 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 28169

Utilities

Sewer type Public Sewer
Water source Public

Amenities

secure access system
surveillance cameras
rooftop deck
dog park
in-unit washer and dryer

Building Details

Year built 1900
Floors in Building 4
Number of units 21
Flooring type Varies, Vinyl, Hardwood, Carpet, Linoleum
Building materials Brick, Block, Concrete
Roof type Asphalt, Flat
Listing Agency: Empire Realty Group
Listed By: Thomas G. Lockwood · License NY 30LO0935938
Added: Mar 9 Changed: Nov 4 Last Checked: Nov 9 at 11:06AM
MLS# R1665308

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.

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Investment Insights

Based on property information with market context.

This apartment building offers 39,831 square feet of residential space within a brick, block, and concrete structure originally built in 1900. A comprehensive redevelopment completed in 2020 upgraded the mechanical, electrical, and plumbing systems, life-safety features, and common areas. The units feature loft-inspired details, exposed HVAC ductwork, contract ceilings, granite countertops, contemporary cabinetry, stainless steel appliances, and a combination of hardwood and luxury flooring. Every unit includes an in-unit washer and dryer.

Resident amenities include secure building access, surveillance cameras, and an open-air rooftop deck with a dedicated dog park. The property is served by public water and public sewer, includes an accessible approach with ramp, and has offsite parking. The site encompasses 0.2334 acres and is zoned GCD-URD/CC in Rochester, NY.

Key Highlights

  • 39,831‑square‑foot apartment building on 0.2334 acres
  • Comprehensive redevelopment completed in 2020
  • Units include granite countertops, stainless steel appliances, and in‑unit washers and dryers

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

4,853
Businesses Nearby

Demographics for 14604, NY

3,138
Population
2,367
Households
1.3
Avg Household Size
39
Median Age
62%
College-Educated
94%
High-School Grad
0.3 sq mi
ZIP Area
10,460
Density / Sq Mi
$63,672
Median Household Income
$62,935
Median Earnings
$1,253
Median Rent
$705,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Redeveloped multifamily property with loft-style interiors, in-unit laundry, secure entry, and a rooftop deck with dog park.
Where is this apartment building located?
The property is located at 49 Stone Street Rochester, NY.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 39,831‑square‑foot apartment building on 0.2334 acres; Comprehensive redevelopment completed in 2020; Units include granite countertops, stainless steel appliances, and in‑unit washers and dryers
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