19-Unit Brick Apartment
For Sale
$1,525,000
865 Lake Avenue, Rochester, NY 14613
Nineteen one-bedroom apartments with updated interiors, building systems, and off-street parking near downtown Rochester.
Property Size17,600 SF
Price / SF$86.65
Days on Market47
Property Features for 865 Lake Avenue
General Information
Standard status
Active
Size
17,600 SF
Property subtype
MultiFamily
Occupancy
100%
Financials
Gross Income
$248,000
Average Monthly Rent
$1,091
Units
Unit Mix
19 x 1BR
Multifamily Units
19
Additional Details
Public Transit
Yes
Amenities
off street parking
Building Details
Buildings
1
Construction
solid brick
Listing Agency:
RE/MAX Realty Group
(585) 719-3566
Listed By:
Colleen M. Bracci · License #30BR1133356
(585) 719-3566
Source:
Nicholcityrealty
Added: Jul 13
Changed: Aug 28
Last Checked: Aug 25 at 9:53AM
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.
Constructed in 1935, this 17,600-square-foot brick apartment property contains 19 one-bedroom units. The apartments feature updated kitchens and bathrooms, with a mix of hardwood and luxury vinyl plank flooring. Building improvements include replacement windows, energy-efficient lighting, and a boiler with Tekmar controls. Off-street parking is provided, and a new Certificate of Occupancy is scheduled for closing.
All units are occupied, and most tenants receive rental payments through organizations that provide guaranteed payments. The property offers access to downtown Rochester, public transportation, shopping, restaurants, parks, Maplewood Rose Garden, and Ontario Beach Park.
All units are occupied, and most tenants receive rental payments through organizations that provide guaranteed payments. The property offers access to downtown Rochester, public transportation, shopping, restaurants, parks, Maplewood Rose Garden, and Ontario Beach Park.
Key Highlights
- 19 one‑bedroom apartments in a 17,600‑square‑foot brick building
- 100% occupied with most tenant payments supported by organizations providing guaranteed rental payments
- New Certificate of Occupancy at closing
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 14613, NY
14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nineteen one-bedroom apartments with updated interiors, building systems, and off-street parking near downtown Rochester.
Where is this apartment building located?
The property is located at 865 Lake Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 19 one‑bedroom apartments in a 17,600‑square‑foot brick building; 100% occupied with most tenant payments supported by organizations providing guaranteed rental payments; New Certificate of Occupancy at closing
