Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    59 D Monroe Ave Pittsford, NY 14534

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    59 D Monroe Ave Pittsford, NY 14534

    View on Map
    • Office properties & Spaces
    • 2,444 SF
    For Lease
    $12 SF/Yr
    View Listing →
    Pittsford Medical Office Space For Sale For Lease
    $12 SF/Yr

    Pittsford Medical Office Space For Sale

    Prime Medical Office, Pittsford, NY - 2,222 SF Available

    59 D Monroe Ave, Pittsford, NY 14534
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 59 D Monroe Ave

    Year built
    1985
    Property size
    2,444 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 2,444 square foot Class B medical office building, located at 59 D Monroe Ave in Pittsford, NY 14534, presents a unique investment opportunity. The property boasts a single-tenant occupancy with 2,222 square feet currently vacant, ideal for a medical practice seeking a move-in ready space. Constructed in 1985, the building is situated within the desirable Pittsford Village Green Office Park, offering a professional and well-maintained environment. Its convenient location provides easy access to the Erie Canal, and is within walking distance of a vibrant village center featuring an array of shopping, dining, and entertainment options. The Erie Canal Path at Schoen Place is also nearby, offering recreational opportunities. The property's location within the office park ensures a high level of professional landscaping and grounds maintenance. This is an unparalleled opportunity for a medical professional seeking a prestigious and convenient location for their practice in the heart of Pittsford. The building's single-tenant occupancy offers stability and potential for long-term growth. The ample square footage provides flexibility for various medical specialties. Don't miss this chance to establish or relocate your practice in this thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pittsford
    County
    Monroe
    State
    New York
    Longitude
    -77.5211
    Latitude
    43.0918

    Comparable in this City

    • Value Estimation by Request
      6,947 SF

      115-151 Trl

      Medical Office Space • 6,947 SF
      115-151 Trl, Pittsford, NY 14534
      View Details
    • Value Estimation by Request
      15,786 SF

      101 Trl

      Medical Office Space • 15,786 SF
      101 Trl, Pittsford, NY 14534
      View Details
    • Value Estimation by Request

      101 Trl

      Medical Office Space
      101 Trl, Pittsford, NY 14534
      View Details
    • Value Estimation
      $2,205,000
      60,914 SF

      160 Jefferson Rd

      MEDICAL CLINIC • 60,914 SF
      160 Jefferson Rd, Pittsford, NY 14534-1802
      View Details
    • Value Estimation
      $660,000
      17,754 SF

      77 Sullys Trl

      MEDICAL CLINIC • 17,754 SF
      77 Sullys Trl, Pittsford, NY 14534-3754
      View Details
    • Value Estimation by Request
      3,894 SF

      350 French Rd

      MEDICAL CLINIC • 3,894 SF
      350 French Rd, Pittsford, NY 14534-1100
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      38,560 SF

      High-Tech Mixed-Use Commercial Building

      Multi-tenant building with medical and tech tenants, 93% occupied.
      1120 Pittsford Victor Rd, Pittsford, NY 14534
      View Details
    • Contact for pricing
      2,250 SF

      8 N Main St, Pittsford, NY 14534

      Office buildings • 2,250 SF
      8 N Main St, Pittsford, NY 14534
      View Details
    • $325,000
      21.91 Acres

      Pittsford Land with Building Potential

      Expansive 21+ acre lot in Pittsford, NY.
      260 W Bloomfield Rd, Pittsford, NY 14534
      View Details
    • $89,900
      0.27 Acres

      Residential Land in Pittsford, NY

      Land ideal for small house design in Pittsford, NY.
      1344 Marsh Rd, Pittsford, NY 14534
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,444 SF

      Pittsford Medical Office Space For Sale

      Prime Medical Office, Pittsford, NY - 2,222 SF Available
      59 D Monroe Ave, Pittsford, NY 14534
      View Details
    • $14 SF/Yr
      5,035 SF

      Meadowgate Office Park: Prime Medical Space

      Spacious Medical/Executive Offices, Monroe County
      101 Trl, Pittsford, NY 14534
      View Details
    • Contact for pricing

      Functional Medical and Office Spaces

      Office spaces available for lease in Perinton, New York.
      101 Trl Sully's, Pittsford, NY 14534
      View Details
    • $24 SF/Yr
      10,484 SF

      Renovated Office Space in Pittsford

      Renovated office building with ample parking in Bushnell Basin.
      656 Kreag Rd, Pittsford, NY 14534
      View Details
    • Contact for pricing

      Office Park in Pittsford Location

      Office park in Pittsford, minutes from Route 490.
      115-151 Trl Sully's, Pittsford, NY 14534
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    59 D Monroe Ave
    Pittsford, NY 14534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    59 D Monroe Ave, Pittsford, NY, 14534

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!