Property profile

40 University Ave Rochester, NY 14605

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 3,600 square foot office space at 40 University Avenue in Rochester, New York, offers a unique blend of functionality and prime location. Situated in Monroe County, this single-tenant property is ideally located in Rochester's Cultural District, just one block from the Eastman Theater, Eastman School of Music, and the Rochester YMCA. The recently renovated second-floor space boasts an abundance of natural light and features four individual offices, a copy room, a conference/training room, a kitchen, a large trading floor, and two restrooms. The property is conveniently equipped with 15 parking spaces directly at the building's entryway, with additional parking options nearby. This versatile space is suitable for a variety of office uses, including creative, traditional, executive, and coworking setups. The property's location benefits from its proximity to numerous cultural attractions and amenities. Note that construction on the nearby northern end of Rochester's Inner Loop expressway is scheduled to begin in 2028. The space is available immediately. The property type includes Office, Special Purpose, and Retail designations.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40 University Ave Rochester, NY 14605
Rochester metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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