511-527 State St Rochester, NY 14608
Brown Square NeighborhoodEstimated payment $10,981/month
Highlights
- 0.67 Acre Lot
- Ceramic Tile Flooring
- 5-minute walk to Brown Square Park
- Property is near public transit
- Forced Air Heating and Cooling System
About This Home
Presenting a fully renovated mixed-use property located at 511-527 State Street in Rochester, NY 14608. This prime investment consists of two buildings situated on a .64-acre lot, offering cross access between State Street and Frankfort Street and providing the convenience of off-street parking. The front building on State Street includes office suites, a warehouse, and 8 fully remodeled residential apartments, while the rear building on Frankfort Street features additional remodeled office suites and a small warehouse. Together, the buildings offer a total of 24 units, with 14 commercial tenants and 8 residential tenants in place, along with 2 vacant commercial units ready for leasing opportunities.Originally built in 1910, the property underwent a complete renovation in 2015, including an elevator, modern sprinkler systems throughout, and electronic entry for enhanced security. The apartments and office spaces have been updated, giving the property a fresh, contemporary appeal. Located on a bus line and within walking distance to popular destinations like Frontier Field, Monroe Community College, High Falls, Genesee Brewery, and various restaurants and shopping, the property also benefits from its proximity to downtown RochesAter, making it an ideal location for both commercial and residential tenants. Zoned CCD-R (Center City Riverfront), this property offers a range of potential uses for investors looking to capitalize on Rochester’s thriving Center City.
Listing Agent
Listing by eXp Realty, LLC Brokerage Phone: 585-735-7739 License #10301220294 Listed on: 12/02/2024

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,758
Year Built
- Built in 1910
Lot Details
- 0.67 Acre Lot
- Lot Dimensions are 116x271
- Irregular Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 7 Bedrooms
- 22,532 Sq Ft Home
- 4-Story Property
- Ceramic Tile Flooring
- Washer Hookup
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Disposal
Parking
- No Garage
- Shared Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Shared Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 261400-106-610-0001-040-003-0000
Community Details
Overview
- 7 Units
- Benjamin Wright Subdivision
Building Details
- Operating Expense $103,969
- Gross Income $275,509
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/06/2025 06/06/25 | Price Changed | $1,675,000 | -5.6% | $74 / Sq Ft |
02/11/2025 02/11/25 | Price Changed | $1,775,000 | -1.1% | $79 / Sq Ft |
12/02/2024 12/02/24 | For Sale | $1,795,000 | -- | $80 / Sq Ft |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1579705

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