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    Property profile & analytics

    359 State St Rochester, NY 14608

    • Office buildings
    • 355,911 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 03, 2024
    Location Intelligence
    Property ID
    US63-2429177
    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

    • NBCUniversal Rochester / University

    Property Details for 359 State St

    Year built
    1915
    Lot size
    0.90 lot acres
    Property size
    355,911 SF
    Property type
    Office buildings
    APN
    261400 106.69-1-47
    APU
    26140010669147

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6201
    Latitude
    43.1613
    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
    $174,200
    $3,971,000
    $4,145,200
    -
    $209,880
    $4,784,337
    $4,994,217

    Comparable in this City

    • Value Estimation by Request
      279,840 SF

      75 Brown St

      OFFICE BUILDING • 279,840 SF
      75 Brown St, Rochester, NY 14608
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    • Value Estimation by Request
      3,009 SF

      33-35 Erie St

      OFFICE BUILDING • 3,009 SF
      33-35 Erie St, Rochester, NY 14608
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    • Value Estimation
      $115,000
      4,400 SF

      74 Lk Ave

      OFFICE BUILDING • 4,400 SF
      74 Lk Ave, Rochester, NY 14608-1411
      View Details
    • Value Estimation
      $290,000
      6,098 SF

      129-133 Fitzhugh St

      OFFICE BUILDING • 6,098 SF
      129-133 Fitzhugh St, Rochester, NY 14608
      View Details
    • Value Estimation
      $245,000
      6,456 SF

      148 Fitzhugh St

      OFFICE BUILDING • 6,456 SF
      148 Fitzhugh St, Rochester, NY 14608-2205
      View Details
    • Value Estimation
      $245,000
      18,000 SF

      460 State St

      OFFICE BUILDING • 18,000 SF
      460 State St, Rochester, NY 14608-1755
      View Details

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    Similar Nearby for Lease

    • $10 SF/Yr
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      Prominent Office Building Near Downtown

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    • $120 SF/Yr
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      Lake Avenue Retail Gem

      Downtown Mixed-Use Opportunity
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    • $11 SF/Yr
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      Rochester Commercial Property Sublease Opportunity

      Commercial property in Rochester, NY, available as a sublease.
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    • Contact for pricing
      3,998 SF

      Warehouse Space Near Lyell Avenue

      3998 SF warehouse with convenient expressway and truck route access.
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      View Details
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    359 State St
    Rochester, NY 14608
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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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