NOT LISTED FOR SALE
-- Bed
-- Bath
19,660 Sq Ft
5,949 Sq Ft Lot

Last Sold September 19, 2022

Last sale price $1,450,000 $74 Per Sq Ft

103 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Zoned Heating and Cooling
  • Wood Flooring
  • Woodwork
  • Coin Laundry

About This Home

As of September 2022

The Biltmore in Rochester, NY is a Beautiful Building in the Heart of the East Avenue and Alexander Street District. Great location for access to Restaurants, Galleries, Office Areas and all that Downtown Rochester Living has to offer. Convenience Plus. Full Brick Building with 31 Total Units. It has 2 - 1 Bedroom Units and 29 Studio Apartments on 3 Floors. On Street Parking. Laundry Facility on site. Rare Opportunity to own a 31 Unit Apartment building in Rochester, NY. Located in the "Opportunity Zone" for the City of Rochester.

Last Agent to Sell the Property

John Antetomaso

Listing by RE/MAX Plus License #49AN1151017 Listed on: 02/18/2022

RE/MAX Plus

Last Buyer's Agent

Gregg Castrichini

Listing by RE/MAX Plus License #10301221362

RE/MAX Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,634

Year Built

  • Built in 1920

Lot Details

  • 5,949 Sq Ft Lot
  • Lot Dimensions are 45x132
  • Corner Lot
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Copper Plumbing

Interior Spaces

  • 19,660 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Location

  • Property is near public transit

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes electricity, heat, hot water, snow removal, trash collection, water
  • Tax Lot 15
  • Assessor Parcel Number 261400-121-260-0001-015-000-0000

Community Details

Overview

  • 31 Units
  • Champney Tr Square Subdivision

Amenities

  • Coin Laundry

Building Details

  • 31 Separate Gas Meters
  • Operating Expense $70,885
  • Gross Income $203,894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,634

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1920
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Champney Tr Square
  • Directions: Starting From East Avenue to Alexander Street to #357 Alexander Street. Located on the Corner of Alexander Street and Haags Street.
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Other, See Remarks, Natural Woodwork, Window Treatments
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1366
  • Waterfront: No
  • Construction Type: Brick, Copper Plumbing

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Rochester

Lot Info

  • Parcel Number: 261400-121-260-0001-015-000-0000
  • Lot Dimensions: 45X132
  • Lot Size Sq Ft: 5949.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 31
  • Annual Gross Income: 203894.0
  • Annual Operating Expense: 70885.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 31

Tax Info

  • Tax Annual Amount: 43634.0
  • Tax Lot: 15

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $1,450,000 -12.1% $74 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,650,000 -- $84 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,098 $1,450,000 $23,800 $1,426,200
2023 $9,824 $837,000 $23,800 $813,200
2022 $12,637 $837,000 $23,800 $813,200
2021 $12,998 $837,000 $23,800 $813,200
2020 $11,813 $837,000 $23,800 $813,200
2019 $12,291 $589,000 $23,800 $565,200
2018 $24,659 $589,000 $23,800 $565,200
2017 $0 $589,000 $23,800 $565,200
2016 $12,291 $589,000 $23,800 $565,200
2015 $24,360 $558,000 $23,800 $534,200
2014 $24,360 $558,000 $23,800 $534,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1389052

Upstate New York Real Estate Information Services (UNYREIS)