Financial
Distress signals
Property profile

228 Parsells Ave Rochester, NY 14609

FOR SALE
Other investment properties
Property ID
US63-2404540
4,480 SF 0.06 ac lot Built 1910
Last sale Mar 2024 · $40,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use building was constructed in 1910 and historically contained four units, including two storefront spaces and two apartments. The structure has been cleared out and gutted, and its condition indicates that demolition may be required. The property is associated with R-2, Residential Multi Use zoning and includes an additional 0.08-acre parcel located behind the building at 110–118 Stout Street. The building is located at 228 Parsells Avenue in Rochester, New York.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$36k
Assessed land$5k
Assessed improvement$30k

Value estimate

· Sep 2026
$50k
$45k – $55k
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$14k
Operating expenses−$49k
NOI · 162.32% cap applied$81k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$35 – $87
Qualifying comparables6

Cap rate analysis

How does the asset earn?
162.32%
$81k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.0
Law Firm14.5
Dental Office13.5

Location

228 Parsells Ave Rochester, NY 14609
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2255 Culver, Rochester, NY 14609-2744 $440,000 May 2025 4,400 SF
870-874 Goodman, Rochester, NY 14609 $40,000 Dec 2024 4,256 SF
2271 Main, Rochester, NY 14609-7649 $232,000 Aug 2024 4,764 SF
1889-1893 Main, Rochester, NY 14609 $340,000 Apr 2024 4,620 SF
1899-1903 Main, Rochester, NY 14609 $140,000 Jan 2024 3,960 SF
691 Bay, Rochester, NY 14609-4717 $20,000 Jan 2024 3,486 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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