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376 Lexington Ave 4,160 SF Specialty Building Offered at $765,000 at a 7.25% Cap Rate in Rochester, NY 14613
Investment Highlights
- Full Time USPS
- Under-market rent
- Hard Corner Location
Executive Summary
*Dewey Station - Rochester, NY. Full time USPS with the USPS signing their 5 year option well in advance.
Property Facts
| Price | $765,000 | Building Class | C |
| Price Per SF | $183.89 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 4,160 SF |
| Cap Rate | 7.25% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1950 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Post Office | Parking Ratio | 3.85/1,000 SF |
| Zoning | URD-S - The U-R Urban Renewal Districts are separate and distinct areas with the purpose of eliminating substandard and deteriorated structures. | ||
| Price | $765,000 |
| Price Per SF | $183.89 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,160 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 3.85/1,000 SF |
| Zoning | URD-S - The U-R Urban Renewal Districts are separate and distinct areas with the purpose of eliminating substandard and deteriorated structures. |
Amenities
- Signage
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 261400-105-260-0001-003-000-0000 | Improvements Assessment | $275,400 |
| Land Assessment | $39,600 | Total Assessment | $315,000 |
Property Taxes
Parcel Number
261400-105-260-0001-003-000-0000
Land Assessment
$39,600
Improvements Assessment
$275,400
Total Assessment
$315,000
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376 Lexington Ave
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