Mixed-Use Property with Office and
56 Market Street, Brockport, NY 14420
For Sale
$229,900
Pending
Two-level configuration offers professional workspace below and a separately accessed apartment above, with off-street parking.
Property Size1,602 SF
Days on Market344
Property Features for 56 Market Street
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Berkshire Hathaway HomeServices Discover Real Estate
Listed By:
Dennis R. Levandowski · License NY 37LE0742479
(585) 729-4886
Source:
Griffith-realty
Added: Dec 1, 2025
Changed: Nov 8
Last Checked: Nov 8 at 2:02PM
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 Berkshire Hathaway HomeServices Discover Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use property, built in 1900, combines professional office space on the first floor with an apartment on the second floor. The upper-level residence has its own entrance, creating physical separation between the office and residential components. The property is zoned as a converted single residence and includes off-street parking.
The building is situated in a village setting near the canal, providing a location that supports both its office and residential configuration. The combination of commercial workspace, an independently accessed apartment, and on-site parking creates a straightforward mixed-use layout.
The building is situated in a village setting near the canal, providing a location that supports both its office and residential configuration. The combination of commercial workspace, an independently accessed apartment, and on-site parking creates a straightforward mixed-use layout.
Key Highlights
- Professional office space occupies the first floor
- Second‑floor apartment has a separate entrance
- Off‑street parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,319
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,380
$306.4K
Cap Rate 7%
$218,843
$218.8K
Cap Rate 9%
$170,211
$170.2K
Market Conditions
NOI Build-Up for 1,602 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$4.3K −$2.70/SF
EGI
$24.5K $15.30/SF
− OpEx
−$9.2K −$5.74/SF
NOI
$15.3K $9.56/SF
Area
Monroe County, NY
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,380
Cap Rate 7%
$218,843
Cap Rate 9%
$170,211
Alternative Uses
Best Use
Mixed Use
$218.8K
$191.5K – $255.3K
NOI $15,319 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$192.7K
$168.6K – $224.8K
NOI $13,489 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$307.5K
$269.1K – $358.8K
NOI $21,528 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
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Business Placement
Demographics for 14420, NY
19,567
Population
8,245
Households
2.4
Avg Household Size
34
Median Age
35%
College-Educated
94%
High-School Grad
59.0 sq mi
ZIP Area
332
Density / Sq Mi
$69,716
Median Household Income
$35,211
Median Earnings
$951
Median Rent
$178,600
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Monroe County, NY
Properties on Market for Mixed-use properties in Monroe County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level configuration offers professional workspace below and a separately accessed apartment above, with off-street parking.
Where is this mixed-use property located?
The property is located at 56 Market Street Brockport, NY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Professional office space occupies the first floor; Second‑floor apartment has a separate entrance; Off‑street parking included
