Turnkey Medical Office
61E Monroe Avenue Pittsford, NY 14534
New
For Sale
$269,900
SINGLE_FAMILY - Pittsford, NY
Property Size1,432 SF
Lot Size0.15 Acres
Price / SF$188.48
Days on Market2
Property Features for 61E Monroe Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- MU-OF
- Rooms
- Basement
- Parking
- 23
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- 264601-151-180-0004-002-000-000E
- Size
- 1,432 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11142
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Linoleum, Varies, Hardwood, Vinyl
- Building materials
- Brick, Block, Frame
- Roof type
- Asphalt
Listing Agency:
RE/MAX Realty Group
(585) 248-0250
Listed By:
Carmen G Lonardo · License #10301204632
(585) 218-6822
Added: Jul 23
Last Checked: Jul 24 at 12:06PM
MLS# R1701238
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.
Turnkey medical office condominium currently configured as a medical practice with a waiting room, reception area, office/desk spaces, three private exam rooms, and three half baths. The suite also includes file space, a utility/lab room, a private executive office/conference room, and ample lower-level storage. The current use is expected to terminate in May 2027, and the layout can be used for a variety of allowable uses or reconfigured to suit tenant needs. The property is zoned MU-OF (Mixed Use-Office) under Pittsford Village zoning regulations.
A condominium association provides professional exterior maintenance and upkeep for a monthly fee of $535, including snow removal, lawn care/landscaping, refuse/recycling collection, and water/sewer. The unit has the potential for single or multiple uses, supported by three separate entrances. Ample parking is available on professionally maintained surface lots, and the site is connected by sidewalks for convenient access.
The location supports walkable access to Pittsford Village for everyday errands during the workday, with additional general business areas and expressways nearby.
A condominium association provides professional exterior maintenance and upkeep for a monthly fee of $535, including snow removal, lawn care/landscaping, refuse/recycling collection, and water/sewer. The unit has the potential for single or multiple uses, supported by three separate entrances. Ample parking is available on professionally maintained surface lots, and the site is connected by sidewalks for convenient access.
The location supports walkable access to Pittsford Village for everyday errands during the workday, with additional general business areas and expressways nearby.
Key Highlights
- Office condominium built in 1986 with brick, block, and frame construction and asphalt roof
- Central air and forced‑air natural gas heating; flooring includes hardwood, vinyl, linoleum, and varied surfaces
- Zoned Mixed Use‑Office under Pittsford Village zoning, allowing a diversity of professional and service‑oriented uses
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.4k | $21.96 |
| − Vacancy | −$3.9k | −$2.75 |
| EGI | $27.5k | $19.22 |
| − OpEx | −$11.0k | −$7.69 |
| NOI | $16.5k | $11.53 |
1,432 SF · lease $21.96/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$235.9K
$206.4K – $275.2K
NOI $16,510 @ 7.0% cap · market cap 6.12%
Second Best
Office B
$154.0K
$134.8K – $179.7K
NOI $10,780 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$274.9K
$240.5K – $320.7K
NOI $19,243 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Turnkey medical office unit with three private exam rooms and multiple half baths, zoned Mixed Use-Office.
Where is this medical office space located?
The property is located at 61E Monroe Avenue Pittsford, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Office condominium built in 1986 with brick, block, and frame construction and asphalt roof; Central air and forced‑air natural gas heating; flooring includes hardwood, vinyl, linoleum, and varied surfaces; Zoned Mixed Use‑Office under Pittsford Village zoning, allowing a diversity of professional and service‑oriented uses