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6-Unit Apartment Building with Commercial Space
For Sale
$299,900

512 East Lyell Avenue, Rochester, NY 14606

Mixed-use property with five apartments and a ground-floor commercial area formerly operated as a laundromat.

Property Size5,646 SF
Days on Market12

Property Features for 512 East Lyell Avenue

General Information

Standard status Active
Size 5,646 SF
Property subtype Commercial

Units

Unit Mix 3 x 1BR, 1 x 2BR, 1 x Studio
Multifamily Units 5

Additional Details

Gross Income $1,500

Taxes and HOA fees

Annual Taxes $3,937

Building Details

Building Size 5,646 SF
Year Built 1910
Tenancy Multi
Listing Agency: WNY Metro Roberts Realty
Listed By: Gameel Omar · License #10401371901
Source: Highfallssir
Added: Aug 13 Changed: Aug 24 Last Checked: Aug 23 at 5:19AM

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 WNY Metro Roberts Realty

Investment Insights

Based on property information with market context.

This 6-unit income property combines five apartments with a ground-floor commercial space. The residential component includes three 1-bedroom units, one 2-bedroom unit, and one studio. The commercial area previously operated as a laundromat and is currently closed. The building dates to 1910 and is partially occupied, with advance notice required to show the three occupied apartments.

Owner-paid services include heat, water, hot water, and trash, while tenants pay their own electric and gas. A billboard is also located at the property. The building is at 512 E Lyell Ave in Rochester, New York, with a Walk Score of 77, a Bike Score of 59, and a Transit Score of 42.

Key Highlights

  • 6‑unit property with five apartments and one commercial space
  • Apartment mix includes three 1BR units, one 2BR unit, and one studio
  • Ground‑floor commercial area formerly operated as a laundromat and is currently closed

Property Analytics

Current Use

Grandma Gail's Wash ... (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Accounting Firm

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby

Demographics for 14606, NY

28,252
Population
11,712
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
9.4 sq mi
ZIP Area
3,006
Density / Sq Mi
$57,287
Median Household Income
$38,682
Median Earnings
$978
Median Rent
$150,500
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 - Mixed-use property with five apartments and a ground-floor commercial area formerly operated as a laundromat.
Where is this apartment building located?
The property is located at 512 East Lyell Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 6‑unit property with five apartments and one commercial space; Apartment mix includes three 1BR units, one 2BR unit, and one studio; Ground‑floor commercial area formerly operated as a laundromat and is currently closed
More about this property
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