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Duplex with Professional Office Space
For Sale
$229,900
Pending

56 Market Street, Brockport, NY 14420

Residential, Brockport, NY

Property Size1,602 SF
Lot Size0.22 Acres
Days on Market308

Property Features for 56 Market Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
Parking features Garage, On Street
Window features Skylight(s)
Patio and Porch features Deck
Interior features Skylights
Exterior features Balcony, Deck
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Brockport
Middle school district Brockport
High school district Brockport
Directions Turn east off of Main Street. Property is on the south side of road with for sale sign.
Subdivision Brockport Village-Sweden-265201
Standard status Pending
APN 265201-069-530-0001-006-000
Size 1,602 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 5590

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Resilient, Varies
Building materials VinylSiding
Roof type Asphalt
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Discover Real Estate · Prudential Real Estate
Listed By: Dennis R. Levandowski · License #37LE0742479
Added: Dec 1, 2025 Changed: Oct 2 Last Checked: Oct 5 at 8:06PM
MLS# R1653004

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 1,602-square-foot property on a 0.22-acre lot is arranged for two distinct uses. The first floor contains professional office space, while the second floor provides an apartment with its own entrance. Interior features include skylights, resilient and varied flooring, central air, and forced-air heating powered by natural gas. Exterior improvements include a balcony and deck, with vinyl siding and an asphalt roof.

The property is zoned as a converted single residence and includes a garage along with off-street parking. Public water serves the building. Located in the village of Brockport near the canal, the property offers a combined residential and office configuration at 56 Market Street.

Key Highlights

  • 1,602 SF property on a 0.22‑acre lot
  • Second‑floor apartment has a separate entrance
  • Professional office space occupies the first floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,934
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,680 $298.7K
Cap Rate 7%
$213,343 $213.3K
Cap Rate 9%
$165,933 $165.9K
Market Conditions
NOI Build-Up for 1,602 SF
Gross rent
$22.1K $13.80/SF
− Vacancy
−$774 −$0.48/SF
EGI
$21.3K $13.32/SF
− OpEx
−$6.4K −$4.00/SF
NOI
$14.9K $9.32/SF
Area
Monroe County, NY
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,680
Cap Rate 7%
$213,343
Cap Rate 9%
$165,933

Alternative Uses

Best Use
Multifamily LT 5
$213.3K
$186.7K – $248.9K (±1% cap)
NOI $14,934 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$192.7K
$168.6K – $224.8K (±1% cap)
NOI $13,489 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$307.5K
$269.1K – $358.8K (±1% cap)
NOI $21,528 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Clasquin Frederick H ... Dental Office

Suggested Use

Top Pick Computer & Electronic Repair Law Firm Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience 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

1
Residential units

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level property combines a second-floor apartment with first-floor professional office space and off-street parking.
Where is this duplex 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: 1,602 SF property on a 0.22‑acre lot; Second‑floor apartment has a separate entrance; Professional office space occupies the first floor
More about this property
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