Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    280 E Broad St Rochester, NY 14608

    Property Lookup

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

    280 E Broad St Rochester, NY 14608

    View on Map
    • Investment properties
    • 169,982 SF
    • 0.82 lot acres
    For Lease
    $18,245,000
    View Listing →
    Class A Office Space For Lease
    $18,245,000
    4,210 SF

    Class A Office Space

    Premier office suite in vibrant mixed-use building.

    280 E Broad St, Rochester, NY
    View Listing
    Property ID
    US63-5114276
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Edge11 Academy / Sports School / Sports Field & Court
    • DeJoy & Co. / Accounting Firm
    • Mint Salon / Hair Salon / Nail Salon
    • need. salon and spa / Hair Salon
    • Rochester Erectile Dysfunction Doctor / Physician

    Property Details for 280 E Broad St

    Year built
    2015
    Lot size
    0.82 lot acres
    Property size
    169,982 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    261400 121.24-1-24.006/COMC
    APU
    26140012124124006COMC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6043
    Latitude
    43.1557
    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
    $187,700
    $6,812,300
    $7,000,000
    -
    $226,145
    $8,207,590
    $8,433,735

    Comparable in this City

    • Value Estimation
      $16,360,000
      171,719 SF

      38 Liberty Pole Way, Unit 52

      OFFICE/RESIDENTIAL (MIXED USE) • 171,719 SF
      38 Liberty Pole Way, Rochester, NY 14604-1416
      View Details
    • Value Estimation by Request
      3,300 SF

      6 Atlas St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,300 SF
      6 Atlas St, Rochester, NY 14604-2201
      View Details
    • Value Estimation
      $615,000
      6,939 SF

      511 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,939 SF
      511 Main St, Rochester, NY 14604-2509
      View Details
    • Value Estimation
      $4,325,000
      32,670 SF

      1 Woodbury Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 32,670 SF
      1 Woodbury Blvd, Rochester, NY 14604-1829
      View Details
    • Value Estimation
      $24,030,000
      190,629 SF

      103 Ct St

      OFFICE/RESIDENTIAL (MIXED USE) • 190,629 SF
      103 Ct St, Rochester, NY 14604-1840
      View Details
    • Value Estimation
      $1,955,000
      15,132 SF

      210 Ss Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 15,132 SF
      210 Ss Ave, Rochester, NY 14604-1822
      View Details

    Similar Nearby for Sale

    • $795,000

      Rehab-Ready Property with River Views

      High-growth corridor property ideal for redevelopment or storage.
      196 N Water St, Rochester, NY 14604
      View Details
    • Contact for pricing
      30,246 SF

      Renovated Mixed-Use Downtown Asset

      Fully renovated mixed-use property with residential and commercial spaces.
      49 Stone St, Rochester, NY 14604
      View Details
    • $2,995,000
      55,000 SF

      Downtown Rochester Redevelopment Opportunity

      55,000 sq ft building in downtown Rochester for redevelopment.
      140 E Main St, Rochester, NY 14604
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,471 SF

      Office Space with Live/Work Option

      Second-floor office space with apartment and parking near East End Garage.
      84 Scio St, Rochester, NY 14604
      View Details
    • Contact for pricing

      East End Office/Live-Work Space

      Second-floor office with live-work apartment in Rochester's East End.
      7 Charlotte St, Rochester, NY 14604
      View Details
    • Contact for pricing
      2,821 SF

      Downtown Rochester Mixed-Use Building

      Mixed-use building with office, lofts, and retail spaces.
      87 N Clinton Ave, Rochester, NY 14604
      View Details
    • Contact for pricing

      Downtown Rochester Office and Retail

      Modern office tower with retail space in downtown Rochester.
      South Clinton Ave, Rochester, NY 14604
      View Details
    • Contact for pricing
      70,000 SF

      Prime Office Space Available

      70,000 SF office space for rent in Rochester.
      245 E Main St, Rochester, NY 14604
      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.
    280 E Broad St
    Rochester, NY 14608
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!