40 University Ave, Rochester, NY 14605
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.