Two-Level Office
For Sale
Contact for pricing
59 Monroe Avenue, Pittsford, NY 14534
Flexible professional workspace with private offices, open areas, and convenient access to Pittsford Village amenities.
Property Size2,222 SF
Price / SF$0.01
Days on Market92
Property Features for 59 Monroe Avenue
General Information
Standard status
Active
Size
2,222 SF
Property subtype
CommercialLease
Additional Details
Floor
First Floor and Lower Level
Listing Agency:
NORCHAR, LLC
(585) 244-4444
Listed By:
Evan Schaefer · License #10301220657
(585) 337-1764
Source:
Nicholcityrealty
Added: Jul 22
Changed: Oct 7
Last Checked: Oct 20 at 8:05PM
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 NORCHAR, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit provides 2,222 SF arranged across two levels. The first floor contains 1,222 SF with two entrances, three private offices, a restroom, and substantial open workspace. The 1,000-square-foot lower level adds an open flex area, conference room, second restroom, and a separate third building egress.
The property is situated in Pittsford Village Green Office Park near Monroe Avenue and the Erie Canal bridge leading into the village. Restaurants, cafés, shops, breweries, and the canal path along Schoen Place are within walking distance. Suite D has 10+ parking spaces within the office park, supporting a range of professional office operations.
The property is situated in Pittsford Village Green Office Park near Monroe Avenue and the Erie Canal bridge leading into the village. Restaurants, cafés, shops, breweries, and the canal path along Schoen Place are within walking distance. Suite D has 10+ parking spaces within the office park, supporting a range of professional office operations.
Key Highlights
- 2,222 SF office unit configured across two floors
- First floor includes 1,222 SF, three private offices, two entrances, and a restroom
- Lower level offers 1,000 square feet, flex space, conference room, and second restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,727
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,540
$334.5K
Cap Rate 7%
$238,957
$239.0K
Cap Rate 9%
$185,856
$185.9K
Market Conditions
NOI Build-Up for 2,222 SF
Gross rent
$31.2K $14.04/SF
− Vacancy
−$8.9K −$4.00/SF
EGI
$22.3K $10.04/SF
− OpEx
−$5.6K −$2.51/SF
NOI
$16.7K $7.53/SF
Area
Monroe County, NY
Vacancy
28.51%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,540
Cap Rate 7%
$238,957
Cap Rate 9%
$185,856
Alternative Uses
Best Use
Office B
$239.0K
$209.1K – $278.8K
NOI $16,727 @ 7.0% cap · market cap 128,669.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$426.6K
$373.2K – $497.7K
NOI $29,859 @ 7.0% cap · market cap 229,684.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
Demographics for 14534, NY
32,834
Population
12,913
Households
2.5
Avg Household Size
46
Median Age
72%
College-Educated
98%
High-School Grad
32.3 sq mi
ZIP Area
1,017
Density / Sq Mi
$144,832
Median Household Income
$75,938
Median Earnings
$1,676
Median Rent
$343,800
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
Frequently Asked Questions
What type of property is this?
Office unit - Flexible professional workspace with private offices, open areas, and convenient access to Pittsford Village amenities.
Where is this office unit located?
The property is located at 59 Monroe Avenue Pittsford, NY.
What are key features of this property?
This property features: 2,222 SF office unit configured across two floors; First floor includes 1,222 SF, three private offices, two entrances, and a restroom; Lower level offers 1,000 square feet, flex space, conference room, and second restroom
