Two-Unit
93 Asbury Street, Rochester, NY 14620
For Sale
$299,900
One residence is vacant, while the second unit can provide rental income.
Property Size2,283 SF
Days on Market11
Property Features for 93 Asbury Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Updegraff Group LLC
Listed By:
Corbin Luta · License NY #10301224743
(585) 397-5122
Source:
Highfallssir
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 8 at 2:39PM
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 Updegraff Group LLC
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Investment Insights
Based on property information with market context.
This Rochester duplex was built in 1900 and contains two residential units. One is currently vacant, creating the option to occupy that unit while retaining the other as a rental. The interiors are described as spacious, with functional layouts and natural light.
The property is near the South Wedge, Highland Park, the University of Rochester, and Strong Memorial Hospital.
The property is near the South Wedge, Highland Park, the University of Rochester, and Strong Memorial Hospital.
Key Highlights
- Two‑unit residential property
- One unit is vacant
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,275
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,500
$525.5K
Cap Rate 7%
$375,357
$375.4K
Cap Rate 9%
$291,944
$291.9K
Market Conditions
NOI Build-Up for 2,283 SF
Gross rent
$39.7K $17.40/SF
− Vacancy
−$2.2K −$0.96/SF
EGI
$37.5K $16.44/SF
− OpEx
−$11.3K −$4.93/SF
NOI
$26.3K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,500
Cap Rate 7%
$375,357
Cap Rate 9%
$291,944
Alternative Uses
Best Use
Multifamily LT 5
$375.4K
$328.4K – $437.9K
NOI $26,275 @ 7.0% cap · market cap 8.76%
Second Best
Apartment 5plus
$334.6K
$292.8K – $390.3K
NOI $23,420 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$625.4K
$547.2K – $729.7K
NOI $43,779 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
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Business Placement
Demographics for 14620, NY
24,185
Population
13,060
Households
1.9
Avg Household Size
35
Median Age
56%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
5,497
Density / Sq Mi
$59,525
Median Household Income
$40,467
Median Earnings
$1,193
Median Rent
$197,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Rochester, NY
Properties on Market for Duplexes in Rochester
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the second unit can provide rental income.
Where is this duplex located?
The property is located at 93 Asbury Street Rochester, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit residential property; One unit is vacant; Built in 1900
