301 Central Avenue

Rochester, NY 14605

$1,725,000
Price
Beds
13,590 Sq. Ft.
$127 / Sq. Ft.
13,590
Sq. Ft.
$127
per Sq. Ft.

Description

Welcoming the Masterfully Redeveloped Central Ave Lofts Building to the market. This completely renovated 14 Unit Mixed-Use Property Offers (12) Turnkey Apartments, and (2) Retail Storefronts. The building showcases all new HVAC, Plumbing, Energy Efficient Windows, Water Service (domestic & fully sprinklered), Electric Service, & Common Areas. The apartments sport generous 10 foot ceilings, exposed brick accent walls, brand new flooring, tiled kitchen and restrooms, stainless steel appliances, secured...Welcoming the Masterfully Redeveloped Central Ave Lofts Building to the market. This completely renovated 14 Unit Mixed-Use Property Offers (12) Turnkey Apartments, and (2) Retail Storefronts. The building showcases all new HVAC, Plumbing, Energy Efficient Windows, Water Service (domestic & fully sprinklered), Electric Service, & Common Areas. The apartments sport generous 10 foot ceilings, exposed brick accent walls, brand new flooring, tiled kitchen and restrooms, stainless steel appliances, secured keyless entry, In-unit washer/dryer, granite countertops, and more. The developer spared no costs in bringing this building back online for the Rochester housing market. Located directly off the city’s inter-loop and close to all downtown amenities, business, and employers. Full occupancy, stabilized with recent long term market rate leases. Enjoy a 1.30% Debt Service Coverage Ratio on financing at a 7.25% cap upon entry. Inquire today for more.
  1. Listed by Evan Schaefer • NORCHAR, LLC
    P: 585-244-4444 C: 585-337-1764 evan@norchar.com

Property Details for 301 Central Avenue

Subdivision Comm Complex
Atwater & Andrews Resubd
On Waterfront
No
Parking Description
Off Site, On Site
Zoning Code
CCD-B
Nearest Cross Street
N Clinton Ave

Location

Listing Courtesy of NORCHAR, LLC
Add your commute
LISTING UPDATED: 09/20/2023 11:26 AM

Property Details for 301 Central Avenue

StatusActive
MLS #R1479588
Days on Market313
Taxes$6,911 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1885
Lot Size0.10 AC / 4,356 SF
CountyMonroe County

Location

Listing Courtesy of NORCHAR, LLC
Add your commute

Building Information for 301 Central Avenue

Stories4Residences14Year Built1885Lot Size0.10 AC / 4,356 SF

Payment Calculator

$9,990 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,414

Property Taxes

$576

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 Central Avenue

Summary
Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: 4.00
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $6,911.00
Property
Lot Information
  • Building Area Total: 13590.0
  • Num Of Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Acres
  • Num Of Buildings: 1
  • Parcel Number: 261400-106-710-0001-004-003-0000
  • Lot Number: 4
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $141,300
  • Year Built: 1885
  • Year Built Description: Existing
  • Zoning Description: Commercial
  • Property Sub Type Additional: Apartment, Mixed Use, Commercial
Utilities
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Public
Interior and Exterior Features
Exterior Features
  • Building Features: Office
  • Construction Materials: Brick, Masonry
  • Roof Description: Other, See Remarks
  • Security Features: Fire Sprinkler System
Interior Features
  • HVAC Type: Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 13590.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$6,911.00
  • Number Of Units Total: 14
  • Operating Expense Includes: Other, See Remarks
  • Stories: 4
  • Stories Total: 4
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 301 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 Central Avenue

Taxable ValueLand$11,000Additions$130,300Total$141,300
Home Facts
Total Finished SqFt10,872 SqFtAbove Grade Finished SqFt10,872 SqFtUnfinished Basement SqFt2,718 SqFtStories4Lot Size4,356 SqFtStyleOffice BuildingYear Built1885CountyMONROEAPN261400 106.71-1-4.003

Schools near 301 Central Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
School 9 Dr Martin Luther King Jr
PublicPK to 6

School 8 Roberto Clemente
PublicPK to 8

Monroe Correctional Facility
Public7 to 12

School 22 Lincoln School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

301 Central Avenue is for sale in Rochester, NY 14605. This property was listed for sale on June 21, 2023 by NORCHAR, LLC, it's currently listed at $1,725,000. It has been on the market for a total of 313 days and was last sold on December 12, 2019. This listing's school district is Rochester City School District. Nearby schools include School 9 Dr Martin Luther King Jr, School 8 Roberto Clemente and Monroe Correctional Facility. 301 Central Avenue is a 0-bed, 0-bath, 13,590 sqft built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NORCHAR, LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.