Multifamily Housing
957 Monroe Avenue Rochester, NY 14620
Details & Description
Call for Pricing
    21 Unit multi-family portfolio located in desirable Upper Monroe neighborhood in the City of Rochester, near I-490 and Cobbs Hill Park. Two adjacent buildings: 937-949 Monroe Ave consists of 8 townhome units and 957 Ave consists of 13 total units. Per Realtor.com, Rochester was 10th in the list of cities with the biggest year-over-year rent increase, at 8%. Recent renewals/new tenant rates are $150 (937 Monroe) and $25-$75 (957 Monroe Ave) higher than previous rents. Significant capital improvements include new boiler valves and pump (957 Monroe: 2021), and kitchen remodels (937-949 Monroe: 2017-2020)
    Listing Agents
    Christopher D. Giunta

    O: 585-248-9426
    M: 585-503-8553
    cgiunta@pyramidbrokerage.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    957 Monroe Avenue

    Rochester, NY 14620

    No Longer Listed
    957 Monroe Avenue Rochester, NY 14620 | for Sale | Photo 1
    Price
    $ /mo
    Description

    21 Unit multi-family portfolio located in desirable Upper Monroe neighborhood in the City of Rochester, near I-490 and Cobbs Hill Park. Two adjacent buildings: 937-949 Monroe Ave consists of 8 townhome units and 957 Ave consists of 13 total units. Per Realtor.com, Rochester was 10th in the list of cities with the biggest year-over-year rent increase, at 8%. Recent renewals/new tenant rates are $150 (937 Monroe) and $25-$75 (957 Monroe Ave) higher than previous rents. Significant capital improvements include new boiler valves and pump (957 Monroe: 2021), and kitchen remodels (937-949 Monroe: 2017-2020)

    Rochester Area Market Trends

    Listing Demographics for 957 Monroe Avenue Rochester, NY 14620

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population24,790150,005293,271
    Population Median Age383738
    Population by Age0-9 Yrs1376 (5%)14876 (9%)33438 (11%)
    10-19 Yrs1420 (5%)19130 (12%)38621 (13%)
    20-29 Yrs7517 (30%)31626 (21%)53073 (18%)
    30-39 Yrs5393 (21%)23150 (15%)42032 (14%)
    40-49 Yrs2524 (10%)15902 (10%)30832 (10%)
    50-59 Yrs2654 (10%)17002 (11%)34989 (11%)
    60-69 Yrs1908 (7%)13755 (9%)30140 (10%)
    70+ Yrs1998 (8%)14563 (9%)30146 (10%)
    Median HH Income$57,493$47,760$46,169
    Total Household Income< 24K3054 (22%)19967 (30%)36637 (29%)
    25-49K2781 (20%)14075 (21%)28799 (23%)
    50-74K2700 (19%)11442 (17%)20123 (16%)
    75-99K1754 (12%)6280 (9%)12798 (10%)
    100-199K2457 (18%)10690 (16%)19074 (15%)
    200K+878 (6%)3809 (5%)6084 (4%)
    Highest Education LevelNo Diploma11241269527365
    Diploma or GED25292041146130
    Some College25871639933931
    Assoc. Degree1377829518772
    Bachelors Degree58902197336512
    Higher Degree56592165533421
    Total Housing Units14,78874,487138,313
    --Owner-Occupied4,01025,91056,328
    --Renter-Occupied9,61440,35367,188
    Owner-Occupied Values< 100K569865720526
    100-199K17681014822830
    200-299K100138836638
    300-399K33816253126
    400-499K1155201205
    500K+21910772003
    Total Working Age Population22,443124,324238,073
    In Work Force17,19279,547147,123
    Not In Work Force5,25144,77790,950
    Workforce Employed16,39873,917135,922
    Workforce Unemployed7925,60211,163
    Civlian Workforce17,19079,518147,085
    Military Workforce32838
    Total Households13,62466,263123,515
    Family Households4,15129,65863,204
    Non-Family Households9,47336,60560,311
    Married Couple3,00716,33334,945
    Other Family1,14413,32528,259
    Married w/Child7275,57111,915
    Single Male w/Child1881,0862,304
    Single Female w/Child4766,54314,270

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Monroe County735,343+1744,344+1754,529+1758,536

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Multifamily property in Rochester, NY?
    The size of the building/unit at 957 Monroe Avenue in Rochester is 17,289 square feet
    How much land does the Rochester, NY property at 957 Monroe Avenue include?
    957 Monroe Avenue in Rochester includes 0.550 acres of land
    What is the population within 1 mile of 957 Monroe Avenue in Rochester?
    The population within 1 mile of 957 Monroe Avenue Rochester, NY 14620 is 24,790 people.
    Who do I contact for questions about 957 Monroe Avenue?
    You should contact the listing agent, Christopher D. Giunta, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Greater Rochester International Airport (ROC) 5
    Buffalo Niagara International Airport (BUF) 60
    Syracuse Hancock International Airport (SYR) 75