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    935 East Ave Rochester, NY 14607

    Sponsored
    For Sale
    $2,700,000

    Prime Rochester location, vacant, high-density zoning.

    Property size:
    11,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional redevelopment opportunity presents a unique chance to acquire a substantial multifamily property situated at 935 East Ave, Rochester, NY. The property encompasses 1.41 acres and features two buildings: an 11,006+/- square foot, three-story converted mansion and a 972+/- square foot detached brick and frame building. The combined net rentable square footage totals 11,978 square feet, offering significant potential for various uses. Currently vacant, this Class A property boasts 26 on-site parking spaces, a highly desirable amenity in this location. The property is zoned R-3 High-Density District, allowing for a wide range of development possibilities, including multi-family conversion or office space. Its prime location across from the George Eastman House in the coveted East Avenue/Park Avenue neighborhood provides high visibility and easy access to downtown Rochester and major expressways. Built in 1913, this property offers a blend of historical charm and modern redevelopment potential. The asking price is $2,700,000, with owner financing available to qualified investors. This is an unparalleled chance to capitalize on a highly sought-after location and create a lucrative investment.

    Property Features for 935 East Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    11,978 SF
    Class
    A
    Lot Size
    61,420 SF

    Building Details

    Year Built
    1913
    Buildings
    2
    Stories
    3

    HighLights

    • 11,006 SF building plus a 972 SF carriage house (excluding basement)
    • 1.41‑acre lot
    • 26 on‑site parking spaces
    • R‑3 High‑Density zoning (Special Use Permit, City of Rochester)
    • High visibility, excellent access, near downtown and expressways
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aids Remembrance Garden City Government Office

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.5802124
    Latitude
    43.15108616

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    FAQs

    What type of property is this?
    Multifamily property - Prime Rochester location, vacant, high-density zoning.
    Where is this multifamily property located?
    The property is located at 935 East Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: 11,006 SF building plus a 972 SF carriage house (excluding basement); 1.41-acre lot; 26 on-site parking spaces
    Request Owner's contact information
    935 East Ave Rochester, NY 14607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    935 East Ave Rochester, NY 14607
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