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South Wedge Commons 90-2 Manor Pky 152 Unit Apartment Building For Sale Rochester, NY 14620
INVESTMENT HIGHLIGHTS
- Significant Capital Improvements
- Clear Value-Add Upside
- Attractive Location
- Proven Renovation Premiums
- Stabilized Operations
EXECUTIVE SUMMARY
As exclusive agent, Cushman & Wakefield | Pyramid Brokerage Company is pleased to offer South Wedge Commons for sale. The property is a 152-unit apartment complex, located at 90 Manor Parkway, Rochester, New York.
South Wedge Commons is situated off South Avenue in South Wedge, one of Rochester’s most diverse and vibrant neighborhoods. The majority of residents take pride in the neighborhood, and it has an ever-increasing number of interesting shops and bars. The South Wedge is also noted for having the most public art in the city outside the Neighborhood of the Arts.
South Wedge Commons has easy access to all the city's top attractions and is within a five-minute drive to downtown and a fifteen-minute drive to both University of Rochester River Campus and the Rochester Institute of Technology (RIT).
For more Information, please reach out directly.
South Wedge Commons is situated off South Avenue in South Wedge, one of Rochester’s most diverse and vibrant neighborhoods. The majority of residents take pride in the neighborhood, and it has an ever-increasing number of interesting shops and bars. The South Wedge is also noted for having the most public art in the city outside the Neighborhood of the Arts.
South Wedge Commons has easy access to all the city's top attractions and is within a five-minute drive to downtown and a fifteen-minute drive to both University of Rochester River Campus and the Rochester Institute of Technology (RIT).
For more Information, please reach out directly.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 4.52 AC |
| No. Units | 152 | Building Size | 78,766 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1950 |
| Building Class | B | Parking Ratio | 3.3/1,000 SF |
| Zoning | R-3 High Density Resi - The R-3 High-Density Residential District protects, preserves and enhances existing residential areas of higher density which include multifamily. | ||
| Sale Type | Investment |
| No. Units | 152 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.52 AC |
| Building Size | 78,766 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 3.3/1,000 SF |
| Zoning | R-3 High Density Resi - The R-3 High-Density Residential District protects, preserves and enhances existing residential areas of higher density which include multifamily. |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 28 | - | 400 |
| 2+1 | 124 | - | 800 |
1 1
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 261400-121-790-0001-018-000-0000 | Improvements Assessment | $3,404,000 |
| Land Assessment | $196,000 | Total Assessment | $3,600,000 |
PROPERTY TAXES
Parcel Number
261400-121-790-0001-018-000-0000
Land Assessment
$196,000
Improvements Assessment
$3,404,000
Total Assessment
$3,600,000
(716) 852-7500
x123
CONTACTS
-
Robert Stewart -
Jonathan Weinstein -
Lucian Issa -
Cushman and Wakefield/Pyramid Brokerage Company
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South Wedge Commons | 90-2 Manor Pky
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