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13-Unit Apartment Buildings
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512-514 Lake Avenue, Rochester, NY 14613

Two adjacent multifamily buildings on separate parcels feature recent roof and boiler improvements.

Property SizeContact for details
Lot Size0.59 Acres
Days on Market143

Property Features for 512-514 Lake Avenue

General Information

Standard status Active
Total Parking Spaces 6
Lot size 0.59 Acres
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 26

Building Details

Buildings 2
Listing Agency: Colliers - Woodbridge, New Jersey
Listed By: Jacklene Chesler · License #NJ 9587537
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:29AM

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 Colliers - Woodbridge, New Jersey

Investment Insights

Based on property information with market context.

This multifamily offering includes two adjacent apartment buildings at 512-514 Lake Avenue, with 13 units in each building. The properties occupy 0.59 acres across separate tax parcels and include six parking spaces. Recent capital work includes a roof replacement, a new heating boiler, and a new domestic hot water boiler.

The buildings are located 1 mile northwest of downtown Rochester, with a bus stop directly outside providing regular downtown service. Aldi, Dunkin' Donuts, Wendy’s, Dollar General, restaurants, and parks are within a short walk. Rochester General Hospital, Unity Specialty Hospital, and the Rochester Amtrak station are all within 3 miles of the property. Constellation Brands’ global headquarters is less than 2 miles away.

Key Highlights

  • Two adjacent 13‑unit multifamily buildings on separate tax parcels
  • 0.59 acres with six parking spaces
  • Recent roof replacement completed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

Demographics for 14613, NY

14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent multifamily buildings on separate parcels feature recent roof and boiler improvements.
Where is this apartment building located?
The property is located at 512-514 Lake Avenue Rochester, NY.
What are key features of this property?
This property features: Two adjacent 13‑unit multifamily buildings on separate tax parcels; 0.59 acres with six parking spaces; Recent roof replacement completed
(973) 299-3083 Call to check price and availability
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