Converted Residential Building For
For Sale
$324,900
Pending
70 Cooper Rd, Irondequoit, NY 14617
2,000+ sq ft converted residential building suitable for various businesses.
Property Size2,000 SF
Days on Market98
Property Features for 70 Cooper Rd
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
RE/MAX Realty Group
(585) 797-5555
Listed By:
Todd H Stanzel · License #10401298434
(585) 797-5555
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 6:56AM
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 RE/MAX Realty Group
Investment Insights
Based on property information with market context.
This 2,000+ square foot building, zoned as converted Residential, offers a versatile space suitable for various small businesses. A permitted use variance allows for a range of operations, including photography, tax preparation, insurance, and accounting services. Previously used as a floral shop and photography studio, the building features a welcoming atmosphere with multiple private rooms, a kitchen, and ample natural light. The layout is designed for easy navigation for both clients and staff. Features include off-street parking, great street visibility, a conference room, and a private outdoor patio. The roof was replaced in 2011, the lower level furnace and AC were replaced in 2016, and the upper-level furnace and AC are new. The property is move-in ready and offers flexibility for customization. The bike score is 51, indicating it is bikeable, the walk score is 65, indicating it is somewhat walkable, and the transit score is 36, indicating some transit options are available.
Key Highlights
- Permitted use variance allows for a wide range of business types.
- Move‑in ready condition with a flexible layout.
- New upper‑level furnace and AC, plus relatively recent lower‑level furnace and AC replacement, and roof replacement.
Financial Insights For Office B
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 | $48.0k | $24.00 |
| − Vacancy | −$9.6k | −$4.82 |
| EGI | $38.4k | $19.18 |
| − OpEx | −$9.6k | −$4.79 |
| NOI | $28.8k | $14.38 |
2,000 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$410.9K
$359.6K – $479.4K
NOI $28,764 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.9K
$479.4K – $639.2K
NOI $38,352 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 14617, NY
22,599
Population
9,747
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
97%
High-School Grad
7.9 sq mi
ZIP Area
2,861
Density / Sq Mi
$89,530
Median Household Income
$52,704
Median Earnings
$1,197
Median Rent
$179,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 2,000+ sq ft converted residential building suitable for various businesses.
Where is this office units located?
The property is located at 70 Cooper Rd Irondequoit, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Permitted use variance allows for a wide range of business types.; Move‑in ready condition with a flexible layout.; New upper‑level furnace and AC, plus relatively recent lower‑level furnace and AC replacement, and roof replacement.
