19 Jay StRochester, NY 14608

Property Details for 19 Jay St

Year built

1880

Lot size

0.14 AC

Property size (Sq ft)

6,584 SF

Property type

Investment properties

Property subtype

Live-work space

APN

261400 106.69-1-58.001

APU

26140010669158001

Description

This exceptional 2,300-square-foot corporate apartment, located at 19 Jay Street in Rochester, New York's Monroe County (zip code 14608), presents a unique opportunity. Situated on the second floor above a custom kitchen and bath showroom, this single-tenant space boasts a sophisticated design and luxurious amenities. The open floor plan features 12-foot ceilings, hardwood and ceramic flooring throughout, creating an elegant and spacious atmosphere. The kitchen is a chef's dream, equipped with built-in stainless steel appliances and quartz countertops. Additional conveniences include a new washer and dryer, and a floor-to-ceiling gas fireplace complemented by an artist's wall drawing. Residents will enjoy the comfort of a fully furnished two-bedroom, two-bathroom layout. Outdoor space is provided by a private rooftop deck and patio. Secure, gated parking and a private entrance add to the exclusivity of this property. Its prime location offers easy access to downtown Rochester and major expressways, providing both urban convenience and effortless commuting. This is truly a remarkable space designed for discerning tenants seeking upscale living in a vibrant city setting. The property is classified as retail, with a corporate apartment subtype.

• CAP approach

  CAP return

  Valuation

  6%

  $1,230,880

  6.5%

  $1,136,200

  7%

  $1,055,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $613,532

  Geo Method

  $513,250

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,296,700

  Retail / Commercial

  $1,156,810

  Hospitality / Lodging

  $812,127

  Office

  $1,112,280

  Institutional / Educational

  $1,175,300

  Residential Income

  $1,375,100

  Multifamily

  $1,740,620

  Automotive / Energy

  $1,007,400

  Parking / Income-Based Land

  $363,930

  Restaurant / Food Service

  $555,758

  Healthcare / Senior Housing

  $1,182,060

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1627

Longitude

-77.622

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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