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    512 Lyell Ave Rochester, NY 14606

    • Investment properties
    • 5,184 SF
    • 0.15 lot acres
    For Sale
    View listing
    $349,000
    Value Estimation
    Last Sale
    Apr 16, 2020
    $110,000
    Location Intelligence
    Property ID
    US63-0033254
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grandma Gail's Wash House / Laundromat
    • LibertyX Bitcoin ATM / Atm

    Property Details for 512 Lyell Ave

    Year built
    1910
    Lot size
    0.15 lot acres
    Property size
    5,184 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    261400 105.65-1-56
    APU
    26140010565156

    Description

    This exceptional mixed-use property located at 512 Lyell Ave, Rochester, NY 14606, presents a compelling investment opportunity. The building comprises five apartment units, currently generating over $4,000 in monthly rental income. Situated in Monroe County, this property offers convenient access to Rochester's amenities and infrastructure. The building's mixed-use zoning allows for flexibility, with a ground-floor laundromat space that was closed in January 2024. While currently inactive, this space presents a potential revenue stream with upgrades to the existing laundry equipment. The asking price for this five-unit apartment building is $349,000. The property's strong rental income stream makes it an attractive investment for those seeking a stable return. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-located, income-producing property in a growing market. The property's location at 43.164650982128194 latitude and -77.6426471833667 longitude provides easy access to local transportation and services. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $145,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $125,000
      Retail
      $145,000
      Mixed-Use
      $125,000
      Hospitality
      $130,000
      Educational
      $160,000
      Residential Income
      $170,000
      Energy
      $160,000
      Income-Based Land
      $145,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6426
    Latitude
    43.165
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $19,700
    $80,300
    $100,000
    -
    $23,735
    $96,747
    $120,482

    Comparable in this City

    • Value Estimation by Request
      3,322 SF

      425-4255 Lyell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,322 SF
      425-4255 Lyell Ave, Rochester, NY 14606
      View Details
    • Value Estimation by Request
      4,096 SF

      499-501 Lyell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,096 SF
      499-501 Lyell Ave, Rochester, NY 14606
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    • Value Estimation by Request
      1,856 SF

      366 Saxton St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,856 SF
      366 Saxton St, Rochester, NY 14606-1052
      View Details
    • Value Estimation by Request
      1,730 SF

      58 Sherman St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,730 SF
      58 Sherman St, Rochester, NY 14606-1655
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    • Value Estimation by Request
      1,209 SF

      117 Spencerport Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,209 SF
      117 Spencerport Rd, Rochester, NY 14606-5207
      View Details
    • Value Estimation
      $170,000
      1,693 SF

      2218 Lyell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,693 SF
      2218 Lyell Ave, Rochester, NY 14606-5718
      View Details

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    512 Lyell Ave
    Rochester, NY 14606
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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
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